Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
Kale Aaron M.
Chief Accounting Officer·Direct
Exercise · Dispose
Restricted Stock UnitsDerivative
Shares-1.42K
Price$0.00
Total Value$0
Shares Owned After9.81K
Transaction DateAug 5, 2026
Footnotes ▸
With tandem dividend equivalent rights and tax withholding rights. | Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. | Includes 168 dividend equivalent units that had accrued on the restricted stock units. | 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. Kale's continued employment with the Company on the applicable vesting date. The first and second installments (including the related dividend equivalent units) vested on August 5, 2025 and 2026, respectively. | 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. Kale's continued employment with the Company on the applicable vesting date. The first and second installments (including the related dividend equivalent units) vested on August 5, 2025 and 2026, respectively.
Kale Aaron M.
Chief Accounting Officer·Direct
Tax W/H · Dispose
Common Stock
Shares-404
Price$7.99
Total Value$3.2K
Shares Owned After11.58K
Transaction DateAug 5, 2026
Post-Transaction Holdings
Kale Aaron M.
Security
Shares
Change
Common Stock
11.98K
+1.01K (9.21%)
Restricted Stock Units
9.81K
-1.42K (-12.61%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-05
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Wendy's Co (WEN)
CIK: 0000030697
--- Reporting Owner ---
Name: Kale Aaron M.
CIK: 0002139907
Role: Officer (Chief Accounting Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-08-05 | Code: M (Exercise of derivative)
Shares: +1,415 | Price: $0.00
Shares Owned After: 11,983 | Ownership: D (Direct)
Footnotes:
[F1] Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
[Transaction #2]
Security: Common Stock
Date: 2026-08-05 | Code: F (Payment of exercise/tax)
Shares: -404 | Price: $7.99
Total Value: $3,227.96
Shares Owned After: 11,579 | Ownership: D (Direct)
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-08-05 | Code: M (Exercise of derivative)
Shares: -1,415 | Price: $0.00
Shares Owned After: 9,809 | Ownership: D (Direct)
Footnotes:
[F2] With tandem dividend equivalent rights and tax withholding rights.
[F1] Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
[F3] Includes 168 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. Kale's continued employment with the Company on the applicable vesting date. The first and second installments (including the related dividend equivalent units) vested on August 5, 2025 and 2026, respectively.
[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. Kale's continued employment with the Company on the applicable vesting date. The first and second installments (including the related dividend equivalent units) vested on August 5, 2025 and 2026, respectively.
--- Footnotes (Complete Index) ---
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 168 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. Kale's continued employment with the Company on the applicable vesting date. The first and second installments (including the related dividend equivalent units) vested on August 5, 2025 and 2026, respectively.
--- Signature ---
/s/ /s/ Mark L. Johnson, Attorney-in-Fact (2026-08-07)
