WINKLEBLACK ARTHUR B 4

What Happened

• Arthur B. Winkleblack, a director of Wendy's Co. (WEN), received an award of 32,580 shares on May 20, 2026. The Form 4 reports the acquisition price as $0.00 per share (transaction code A — award/grant), indicating these shares were granted as compensation rather than purchased.

Key Details

• Transaction date: 2026-05-20
• Filing date: 2026-05-22 (Form 4 accession 0000030697-26-000073)
• Shares acquired: 32,580 at $0.00 per share (total reported consideration $0)
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnotes/plan info: none provided in the supplied data
• Timeliness: filed two days after the transaction (appears timely under the SEC’s 2-business-day Form 4 rule; not flagged as late)

Context

• Code A awards are typically director compensation (e.g., restricted stock or RSUs) and do not necessarily signal the insider’s view on the stock; vesting or sale restrictions may apply. For retail investors, outright purchases by insiders often carry more direct market-sentiment information than compensation grants.