Dolan Kristin A 4
4 · Wendy's Co · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
Wendy's (WEN) Director Kristin Dolan Receives 1,047-Share Award
What Happened Kristin A. Dolan, a director of Wendy's Co. (WEN), was issued 1,047 shares on 2026-04-03 as an award/acquisition (Form 4 code "A"). The shares were priced at $7.14 each, for a total value of $7,476. This was an issuance under the company’s 2020 Omnibus Award Plan in lieu of a portion of her quarterly board and committee retainer fees—i.e., not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-03
- Price per share: $7.14; Shares issued: 1,047; Total value: $7,476
- Transaction type: Award/issuance under Form 4 code "A" (not a market buy or sale)
- Shares owned after transaction: Not disclosed in the filing
- Footnote: Shares issued pursuant to the 2020 Omnibus Award Plan in lieu of cash retainer; the per-share price equals the average closing price over the 20 trading days before the retainer payment date.
- Filing timeliness: Report filed 2026-04-07, which is within the two-business-day deadline (timely).
Context Director elections to receive board fees in stock are common and intended to align directors with shareholder interests. This award is small in dollar terms and reflects routine compensation mechanics rather than an explicit buy/sell signal.
Insider Transaction Report
Form 4
Wendy's CoWEN
Dolan Kristin A
Director
Transactions
- Award
Common Stock
[F1]2026-04-03$7.14/sh+1,047$7,476→ 47,755 total
Footnotes (1)
- [F1]Shares were issued pursuant to the Company's 2020 Omnibus Award Plan (the "Plan") in lieu of a portion of Ms. Dolan's quarterly Board of Directors retainer fee and quarterly Board committee retainer fees that would otherwise be payable in cash. In accordance with the Plan, the price is the average of the closing price per share on the 20 consecutive trading days immediately preceding the date on which the retainer fees would otherwise be payable.
Signature
/s/ Mark L. Johnson, Attorney-in-Fact|2026-04-06