Spessard Matthew P 4
4 · Wendy's Co · Filed Feb 24, 2026
Insider Transaction Report
Form 4
Wendy's CoWEN
Spessard Matthew P
Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-20+3,481→ 11,284 total - Tax Payment
Common Stock
2026-02-20$8.09/sh−1,189$9,619→ 10,095 total - Exercise/Conversion
Restricted Stock Units
[F2][F1][F3][F4]2026-02-20−3,481→ 62,690 total→ Common Stock (3,481 underlying)
Footnotes (4)
- [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 201 dividend equivalent units that had accrued on the restricted stock units.
- [F4]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.
Signature
/s/ Mark L. Johnson, Attorney-in-Fact|2026-02-24