Wendy's

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-09-15 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) --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Units Date: 2026-09-15 | Code: A (Grant or award) Shares: +52 | Price: $0.00 Shares Owned After: 179,293 | Ownership: D (Direct) Footnotes: [F1] 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. [F3] Represents dividend equivalent units issued on September 15, 2026. [F4] The restricted stock units will vest in one remaining installment on August 5, 2027, subject to Mr. Wunsch's continued employment with the Company on the vesting date. [F4] The restricted stock units will vest in one remaining installment on August 5, 2027, subject to Mr. Wunsch's continued employment with the Company on the vesting date. [Transaction #2] Security: Restricted Stock Units Date: 2026-09-15 | Code: A (Grant or award) Shares: +151 | Price: $0.00 Shares Owned After: 179,444 | Ownership: D (Direct) Footnotes: [F1] 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. [F3] Represents dividend equivalent units issued on September 15, 2026. [F5] The restricted stock units will vest in two remaining equal installments on August 12, 2027 and 2028, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. [F5] The restricted stock units will vest in two remaining equal installments on August 12, 2027 and 2028, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. [Transaction #3] Security: Restricted Stock Units Date: 2026-09-15 | Code: A (Grant or award) Shares: +568 | Price: $0.00 Shares Owned After: 180,012 | Ownership: D (Direct) Footnotes: [F1] 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. [F3] Represents dividend equivalent units issued on September 15, 2026. [F6] The restricted stock units will vest in one remaining installment on August 12, 2027, subject to Mr. Wunsch's continued employment with the Company on the vesting date. [F6] The restricted stock units will vest in one remaining installment on August 12, 2027, subject to Mr. Wunsch's continued employment with the Company on the vesting date. [Transaction #4] Security: Restricted Stock Units Date: 2026-09-15 | Code: A (Grant or award) Shares: +288 | Price: $0.00 Shares Owned After: 180,300 | Ownership: D (Direct) Footnotes: [F1] 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. [F3] Represents dividend equivalent units issued on September 15, 2026. [F7] The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. [F7] The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. [Transaction #5] Security: Restricted Stock Units Date: 2026-09-15 | Code: A (Grant or award) Shares: +621 | Price: $0.00 Shares Owned After: 180,921 | Ownership: D (Direct) Footnotes: [F1] 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. [F3] Represents dividend equivalent units issued on September 15, 2026. [F8] The restricted stock units will vest in two equal installments on August 11, 2027 and 2028, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. [F8] The restricted stock units will vest in two equal installments on August 11, 2027 and 2028, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. --- Footnotes (Complete Index) --- F1: 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. F3: Represents dividend equivalent units issued on September 15, 2026. F4: The restricted stock units will vest in one remaining installment on August 5, 2027, subject to Mr. Wunsch's continued employment with the Company on the vesting date. F5: The restricted stock units will vest in two remaining equal installments on August 12, 2027 and 2028, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. F6: The restricted stock units will vest in one remaining installment on August 12, 2027, subject to Mr. Wunsch's continued employment with the Company on the vesting date. F7: The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. F8: The restricted stock units will vest in two equal installments on August 11, 2027 and 2028, subject to Mr. Wunsch's continued employment with the Company on the applicable vesting date. --- Signature --- /s/ /s/ Mark L. Johnson, Attorney-in-Fact (2026-09-17)