Thuerk Suzanne M. 4
4 · Wendy's Co · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Wendy's (WEN) CAO Suzanne Thuerk Receives 1,036 RSUs
What Happened
Suzanne M. Thuerk, Chief Accounting Officer of Wendy's Co. (WEN), was awarded a total of 1,036 restricted stock units (RSUs) on March 16, 2026. The filing shows five separate RSU grants (9, 26, 380, 103, and 518 units) recorded as awards at $0.00 per unit (no cash paid at grant). These are derivative awards — each RSU is a contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (appears to be timely).
- Amount: 1,036 RSUs in total (9 + 26 + 380 + 103 + 518); grant price reported as $0.00 per unit.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes / special terms:
- Dividend equivalent units were issued on March 16, 2026 (units accrue dividend equivalents).
- Awards include tandem dividend equivalent rights and tax-withholding rights.
- Multiple vesting schedules apply (examples in the filing: one grant vests in one remaining installment on Aug 11, 2026; others vest in installments Aug 5 of 2026 & 2027; one vests in full Dec 18, 2027; others vest in equal installments on Aug 12 of 2026/2027/2028 or Aug 12 of 2026 & 2027). See filing footnotes for exact mapping by grant.
- Transaction type code: A = Award/Grant (derivative RSUs).
Context
RSUs are retention/compensation awards, not open-market purchases or sales; they represent a promise to deliver shares if vesting conditions (typically continued employment) are met. Dividend equivalent units indicate the award credits the value of dividends before conversion to shares. Because this is a grant, it does not necessarily indicate the insider is buying or selling stock; it’s part of compensation and subject to future vesting and applicable tax withholding.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3][F4]2026-03-16+9→ 52,056 total→ Common Stock (9 underlying) - Award
Restricted Stock Units
[F1][F2][F3][F5]2026-03-16+26→ 52,082 total→ Common Stock (26 underlying) - Award
Restricted Stock Units
[F1][F2][F3][F6]2026-03-16+380→ 52,462 total→ Common Stock (380 underlying) - Award
Restricted Stock Units
[F1][F2][F3][F7]2026-03-16+103→ 52,565 total→ Common Stock (103 underlying) - Award
Restricted Stock Units
[F1][F2][F3][F8]2026-03-16+518→ 53,083 total→ Common Stock (518 underlying)
Footnotes (8)
- [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 March 16, 2026.
- [F4]The restricted stock units will vest in one remaining installment on August 11, 2026, subject to Ms. Thuerk's continued employment with the Company on the vesting date.
- [F5]The restricted stock units will vest in two remaining equal installments on August 5, 2026 and 2027, subject to Ms. Thuerk's continued employment with the Company on the applicable vesting date.
- [F6]The restricted stock units will vest in full on December 18, 2027, subject to Ms. Thuerk's continued employment with the Company on the vesting date.
- [F7]The restricted stock units will vest in three equal installments on August 12, 2026, 2027 and 2028, subject to Ms. Thuerk's continued employment with the Company on the applicable vesting date.
- [F8]The restricted stock units will vest in two equal installments on August 12, 2026 and 2027, subject to Ms. Thuerk's continued employment with the Company on the applicable vesting date.