=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-03-27
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Wendy's Co (WEN)
CIK: 0000030697
--- Reporting Owner ---
Name: Wunsch E.J.
CIK: 0001685884
Role: Officer (President, International)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-03-27 | Code: J (Other acquisition/disposition)
Shares: -2,801 | Price: $0.00
Shares Owned After: 75,827 | Ownership: D (Direct)
Footnotes:
[F1] On March 27, 2026, the reporting person transferred 2,801 shares of the Company's common stock to his former spouse pursuant to a domestic relations order. Following this transfer, the reporting person held 75,827 shares of the Company's common stock.
[Transaction #2]
Security: Common Stock
Date: 2026-08-05 | Code: M (Exercise of derivative)
Shares: +5,529 | Price: $0.00
Shares Owned After: 81,356 | Ownership: D (Direct)
Footnotes:
[F2] Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
[Transaction #3]
Security: Common Stock
Date: 2026-08-05 | Code: F (Payment of exercise/tax)
Shares: -1,568 | Price: $7.99
Total Value: $12,528.32
Shares Owned After: 79,788 | Ownership: D (Direct)
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-08-05 | Code: M (Exercise of derivative)
Shares: -5,529 | Price: $0.00
Shares Owned After: 153,895 | Ownership: D (Direct)
Footnotes:
[F3] With tandem dividend equivalent rights and tax withholding rights.
[F2] Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
[F4] Includes 664 dividend equivalent units that had accrued on the restricted stock units.
[F5] 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. Wunsch'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.
[F5] 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. Wunsch'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: On March 27, 2026, the reporting person transferred 2,801 shares of the Company's common stock to his former spouse pursuant to a domestic relations order. Following this transfer, the reporting person held 75,827 shares of the Company's common stock.
F2: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F3: With tandem dividend equivalent rights and tax withholding rights.
F4: Includes 664 dividend equivalent units that had accrued on the restricted stock units.
F5: 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. Wunsch'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)
