WEN · Wendy's Co · Insider Trading
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-09-15 | Hassan Tariq |
Chief Marketing Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in three equal installments on August 24, 2027, 2028 and 2029, subject to Mr. Hassan's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
796 |
| 2026-09-15 | Wunsch E.J. |
President, International |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. 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. |
Restricted Stock Units
|
568 |
| 2026-09-15 | Spessard Matthew P |
Chief Information Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in one remaining installment on August 5, 2027, subject to Mr. Spessard's continued employment with the Company on the vesting date. |
Restricted Stock Units
|
11 |
| 2026-09-15 | Arlin Wendy C. |
Chief Financial Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units vested in full on May 21, 2025. Vested shares will be delivered upon Ms. Arlin's termination as a director of the Company. |
Restricted Stock Units
|
98 |
| 2026-09-15 | Wunsch E.J. |
President, International |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. 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. |
Restricted Stock Units
|
52 |
| 2026-09-15 | Min John |
Chief Legal Ofcr & Secretary |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in two remaining equal installments on August 12, 2027 and 2028, subject to Mr. Min's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
111 |
| 2026-09-15 | Min John |
Chief Legal Ofcr & Secretary |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Mr. Min's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
223 |
| 2026-09-15 | Kale Aaron M. |
Chief Accounting Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in one remaining installment on August 5, 2027, subject to Mr. Kale's continued employment with the Company on the vesting date. |
Restricted Stock Units
|
13 |
| 2026-09-15 | Min John |
Chief Legal Ofcr & Secretary |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in one remaining installment on August 12, 2027, subject to Mr. Min's continued employment with the Company on the vesting date. |
Restricted Stock Units
|
416 |
| 2026-09-15 | Spessard Matthew P |
Chief Information Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in two remaining equal installments on February 20, 2027 and 2028, subject to Mr. Spessard's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
68 |
| 2026-09-15 | Esposito Liliana |
Chf Corp Affrs & Sustnblty Ofc |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in two remaining equal installments on August 12, 2027 and 2028, subject to Ms. Esposito's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
80 |
| 2026-09-15 | Esposito Liliana |
Chf Corp Affrs & Sustnblty Ofc |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in one remaining installment on August 5, 2027, subject to Ms. Esposito's continued employment with the Company on the vesting date. |
Restricted Stock Units
|
21 |
| 2026-09-15 | Spessard Matthew P |
Chief Information Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Mr. Spessard's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
107 |
| 2026-09-15 | Spessard Matthew P |
Chief Information Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in one remaining installment on August 12, 2027, subject to Mr. Spessard's continued employment with the Company on the vesting date. |
Restricted Stock Units
|
215 |
| 2026-09-15 | Kale Aaron M. |
Chief Accounting Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Mr. Kale's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
73 |
| 2026-09-15 | Esposito Liliana |
Chf Corp Affrs & Sustnblty Ofc |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in one remaining installment on August 12, 2027, subject to Ms. Esposito's continued employment with the Company on the vesting date. |
Restricted Stock Units
|
299 |
| 2026-09-15 | Hassan Tariq |
Chief Marketing Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in three equal installments on August 24, 2027, 2028 and 2029, subject to Mr. Hassan's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
796 |
| 2026-09-15 | Spessard Matthew P |
Chief Information Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in two remaining installments on August 12, 2027 and 2028, subject to Mr. Spessard's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
57 |
| 2026-09-15 | Wunsch E.J. |
President, International |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. 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. |
Restricted Stock Units
|
621 |
| 2026-09-15 | Wright Robert D. |
Director |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Mr. Wright's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
1,131 |
| 2026-09-15 | Esposito Liliana |
Chf Corp Affrs & Sustnblty Ofc |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in three equal installments on August 11, 2027, 2028 and 2029, subject to Ms. Esposito's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
149 |
| 2026-09-15 | Min John |
Chief Legal Ofcr & Secretary |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in full on September 16, 2027, subject to Mr. Min's continued employment with the Company on the vesting date. |
Restricted Stock Units
|
148 |
| 2026-09-15 | Arlin Wendy C. |
Chief Financial Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units vested in full on May 20, 2026. Vested shares will be delivered upon Ms. Arlin's termination as a director of the Company. |
Restricted Stock Units
|
143 |
| 2026-09-15 | Kale Aaron M. |
Chief Accounting Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in two remaining equal installments on August 12, 2027 and 2028, subject to Mr. Kale's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
42 |
| 2026-09-15 | Cirulis Steven |
CFO & Chf Strategy Ofc |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in three equal installments on June 23, 2027, 2028 and 2029, subject to Mr. Cirulis' continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
370 |
| 2026-09-15 | Wunsch E.J. |
President, International |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. 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. |
Restricted Stock Units
|
288 |
| 2026-09-15 | Wunsch E.J. |
President, International |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. Represents dividend equivalent units issued on September 15, 2026. 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. |
Restricted Stock Units
|
151 |
| 2026-09-15 | Arlin Wendy C. |
Chief Financial Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. Represents dividend equivalent units issued on September 15, 2026. The restricted stock units will vest in full on the earlier of May 20, 2027 or the date of the Company's 2027 annual meeting of stockholders. Vested shares will be delivered upon Ms. Arlin's termination as a director of the Company. |
Restricted Stock Units
|
201 |
| 2026-08-24 | Hassan Tariq |
Chief Marketing Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. The restricted stock units will vest in three equal installments on August 24, 2027, 2028 and 2029, subject to Mr. Hassan's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
84,841 |
| 2026-08-24 | Hassan Tariq |
Chief Marketing Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
With tandem net exercise and tax withholding rights. The option vests in three equal installments on August 24, 2027, 2028 and 2029, subject to Mr. Hassan's continued employment with the Company on the applicable vesting date. |
Employee Stock Option (Right to Buy)
|
324,833 |
| 2026-08-24 | Hassan Tariq |
Chief Marketing Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
With tandem net exercise and tax withholding rights. The option vests in three equal installments on August 24, 2027, 2028 and 2029, subject to Mr. Hassan's continued employment with the Company on the applicable vesting date. |
Employee Stock Option (Right to Buy)
|
324,833 |
| 2026-08-24 | Hassan Tariq |
Chief Marketing Officer |
Award↑
Filing footnotes — Restricted Stock Units (Direct)
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. The restricted stock units will vest in three equal installments on August 24, 2027, 2028 and 2029, subject to Mr. Hassan's continued employment with the Company on the applicable vesting date. |
Restricted Stock Units
|
84,841 |
| 2026-08-15 | Radkoski Lindsay J. |
CMO, U.S. |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
Common Stock
|
2,767 |
| 2026-08-15 | Radkoski Lindsay J. |
CMO, U.S. |
Tax↓
|
Common Stock
|
806 |
| 2026-08-15 | Radkoski Lindsay J. |
CMO, U.S. |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
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 331 dividend equivalent units that had accrued on the restricted stock units. The restricted stock units were granted on August 15, 2024 and vest in three equal installments on the first, second and third anniversaries of the grant date, subject to Ms. Radkoski'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 15, 2025 and 2026, respectively. |
Restricted Stock Units
|
2,767 |
| 2026-08-12 | Spessard Matthew P |
Chief Information Officer |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
Common Stock
|
22,896 |
| 2026-08-12 | Kale Aaron M. |
Chief Accounting Officer |
Tax↓
|
Common Stock
|
599 |
| 2026-08-12 | Min John |
Chief Legal Ofcr & Secretary |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
Common Stock
|
5,918 |
| 2026-08-12 | Spessard Matthew P |
Chief Information Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
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 1,569 dividend equivalent units that had accrued on the restricted stock units. The restricted stock units were granted on August 12, 2025 and vest in two equal installments on the first and second 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 12, 2026. |
Restricted Stock Units
|
22,896 |
| 2026-08-12 | Kale Aaron M. |
Chief Accounting Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
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 149 dividend equivalent units that had accrued on the restricted stock units. The restricted stock units were granted on August 12, 2025 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 installment (including the related dividend equivalent units) vested on August 12, 2026. |
Restricted Stock Units
|
2,209 |
| 2026-08-12 | Spessard Matthew P |
Chief Information Officer |
Tax↓
|
Common Stock
|
881 |
| 2026-08-12 | Radkoski Lindsay J. |
CMO, U.S. |
Tax↓
|
Common Stock
|
7,555 |
| 2026-08-12 | Wunsch E.J. |
President, International |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
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 553 dividend equivalent units that had accrued on the restricted stock units. The restricted stock units were granted on August 12, 2025 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 installment (including the related dividend equivalent units) vested on August 12, 2026. |
Restricted Stock Units
|
8,070 |
| 2026-08-12 | Wunsch E.J. |
President, International |
Tax↓
|
Common Stock
|
2,421 |
| 2026-08-12 | Min John |
Chief Legal Ofcr & Secretary |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
Common Stock
|
44,404 |
| 2026-08-12 | Esposito Liliana |
Chf Corp Affrs & Sustnblty Ofc |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
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 2,185 dividend equivalent units that had accrued on the restricted stock units. The restricted stock units were granted on August 12, 2025 and vest in two equal installments on the first and second anniversaries of the grant date, subject to Ms. Esposito's continued employment with the Company on the applicable vesting date. The first installment (including the related dividend equivalent units) vested on August 12, 2026. |
Restricted Stock Units
|
31,858 |
| 2026-08-12 | Radkoski Lindsay J. |
CMO, U.S. |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
Common Stock
|
3,713 |
| 2026-08-12 | Wunsch E.J. |
President, International |
Convert↑
Filing footnotes — Common Stock (Direct)
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
Common Stock
|
60,533 |
| 2026-08-12 | Spessard Matthew P |
Chief Information Officer |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
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 208 dividend equivalent units that had accrued on the restricted stock units. The restricted stock units were granted on August 12, 2025 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 12, 2026. |
Restricted Stock Units
|
3,051 |
| 2026-08-12 | Min John |
Chief Legal Ofcr & Secretary |
Convert↓
Filing footnotes — Restricted Stock Units (Direct)
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 404 dividend equivalent units that had accrued on the restricted stock units. The restricted stock units were granted on August 12, 2025 and vest in three equal installments on the first, second and third anniversaries of the grant date, subject to Mr. Min's continued employment with the Company on the applicable vesting date. The first installment (including the related dividend equivalent units) vested on August 12, 2026. |
Restricted Stock Units
|
5,918 |