Radkoski Lindsay J. 4

What Happened

• Lindsay J. Radkoski, Chief Marketing Officer (U.S.) of Wendy's Co. (WEN), received a series of restricted stock unit (RSU) awards on March 16, 2026. The grants total 2,247 RSUs (12 + 175 + 43 + 106 + 632 + 213 + 1,066), recorded as derivative awards at $0.00 per unit. Each RSU is a contingent right to receive one share of Wendy's common stock upon vesting.

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (appears timely).
• Type/price: Award/Grant (code A); $0.00 per RSU (derivative).
• Total granted: 2,247 RSUs. Each RSU represents one share upon vesting (footnote F2).
• Vesting and other notes: multiple vesting schedules apply — some vest in one or two remaining installments in 2026–2027, some vest in full in December 2026 or August 2027, and some vest in three equal installments through 2028 (see footnotes F4–F10). Dividend equivalent units were issued (F3), and awards include tandem dividend equivalent rights and tax withholding provisions (F1).
• Shares owned after transaction: not specified in the filing.

Context

• These are time-based/contingent RSU awards (not open-market purchases or sales). RSUs convert into common shares only if and when they vest under the stated schedules; dividend equivalents may accrue but are subject to the award terms. Such grants are common as compensation and do not by themselves signal insider buying or selling intent.