Peltz Bradley G. 4

What Happened Bradley G. Peltz, a director of Wendy's Co. (WEN), was issued 3,448 shares on 2026-04-03 as an award under the company's 2020 Omnibus Award Plan. The shares were priced at $7.14 each for a total value of $24,619. This transaction is an award/compensation (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-03; Form 4 filed: 2026-04-07 (timely filed within required reporting window).
• Shares issued: 3,448 at $7.14 per share; total value $24,619.
• Transaction code: A (Grant/Award).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Shares were issued in lieu of quarterly board and committee cash retainer fees under the 2020 Omnibus Award Plan. The $7.14 price equals the average closing price over the 20 trading days preceding the retainer payment date.

Context This was a routine director compensation issuance (equity in lieu of cash retainers). Such awards reflect standard pay practices and are not the same signal as an insider buying stock with personal funds. Retail investors should treat awards as compensation disclosures rather than affirmative insider bullishness.