Matthew P. Spessard - 05 Aug 2025 Form 4 Insider Report for Wendy's Co (WEN)

Role
Chief Information Officer
Signature
/s/ Mark L. Johnson, Attorney-in-Fact
Issuer symbol
WEN
Transactions as of
05 Aug 2025
Net transactions value
-$3,204
Form type
4
Filing time
07 Aug 2025, 17:17:29 UTC
Previous filing
18 Jun 2025
Next filing
13 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Spessard Matthew P Chief Information Officer C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBIN /s/ Mark L. Johnson, Attorney-in-Fact 07 Aug 2025 0002014323

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEN Common Stock Options Exercise $0 +1,106 +17% $0.000000 7,714 05 Aug 2025 Direct F1
transaction WEN Common Stock Tax liability $3,204 -322 -4.2% $9.95 7,392 05 Aug 2025 Direct

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 -1,106 -7.6% $0.000000 13,519 05 Aug 2025 Common Stock 1,106 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 59 dividend equivalent units that had accrued on the restricted stock units.
F4 The restricted stock units were granted on August 5, 2024 and vest in three equal installments on the first, second and third anniversaries of the grant date, subject to Mr. Spessard's continued employment with the Company on the applicable vesting date. The first installment (including the related dividend equivalent units) vested on August 5, 2025.