Abigail E. Pringle - 11 Aug 2024 Form 4 Insider Report for Wendy's Co (WEN)

Role
President, U.S.
Signature
/s/ Michael G. Berner, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
11 Aug 2024
Net transactions value
-$30,491
Form type
4
Filing time
13 Aug 2024, 17:25:22 UTC
Previous filing
07 Aug 2024
Next filing
19 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Options Exercise $0 +4,038 +2.1% $0.000000 198,322 11 Aug 2024 Direct F1
transaction WEN Common Stock Tax liability $30,491 -1,781 -0.9% $17.12 196,541 11 Aug 2024 Direct
holding WEN Common Stock 9,253 11 Aug 2024 By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WEN Restricted Stock Units Options Exercise $0 -4,038 -14% $0.000000 25,600 11 Aug 2024 Common Stock 4,038 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2 With tandem dividend equivalent rights and tax withholding rights.
F3 Includes 207 dividend equivalent units that had accrued on the restricted stock units.
F4 The restricted stock units were granted on August 11, 2023 and vest in three equal installments on August 11, 2024, 2025 and 2026, subject to Ms. Pringle's continued employment with the Company on the applicable vesting date.