Dolan Kristin A 4

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.