John Min - Aug 12, 2025 Form 4 Insider Report for Wendy's Co (WEN)

Role: Chief Legal Ofcr & Secretary
Signature: /s/ Mark L. Johnson, Attorney-in-Fact
Stock symbol: WEN
Transactions as of: Aug 12, 2025
Transactions value $: $0
Form type: 4
Date filed: 8/14/2025, 06:04 PM
Previous filing: Jun 18, 2025
Next filing: Sep 18, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Min John	Chief Legal Ofcr & Secretary	C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBLIN	/s/ Mark L. Johnson, Attorney-in-Fact	2025-08-14	0001994515

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	Employee Stock Option (Right to Buy)	Award	$0	+209K		$0.00	209K	Aug 12, 2025	Common Stock	209K	$10.11	Direct	F1, F2
transaction	WEN	Restricted Stock Units	Award	$0	+16.5K	+112.35%	$0.00	31.3K	Aug 12, 2025	Common Stock	16.5K		Direct	F3, F4, F5
transaction	WEN	Employee Stock Option (Right to Buy)	Award	$0	+209K		$0.00	209K	Aug 12, 2025	Common Stock	209K	$10.11	Direct	F1, F6
transaction	WEN	Restricted Stock Units	Award	$0	+82.7K	+264.54%	$0.00	114K	Aug 12, 2025	Common Stock	82.7K		Direct	F3, F4, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	With tandem net exercise and tax withholding rights.
F2	The option vests in three equal installments on August 12, 2026, 2027 and 2028, subject to Mr. Min's continued employment with the Company on the applicable vesting date.
F3	With tandem dividend equivalent rights and tax withholding rights.
F4	Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F5	The restricted stock units will vest in three equal installments on August 12, 2026, 2027 and 2028, subject to Mr. Min's continued employment with the Company on the applicable vesting date.
F6	The option vests in two equal installments on August 12, 2026 and 2027, subject to Mr. Min's continued employment with the Company on the applicable vesting date.
F7	The restricted stock units will vest in two equal installments on August 12, 2026 and 2027, subject to Mr. Min's continued employment with the Company on the applicable vesting date.