Radkoski Lindsay J. 4
Research Summary
AI-generated summary
Wendy's (WEN) CMO Lindsay Radkoski Receives 2,333 RSUs
What Happened
- Lindsay J. Radkoski, Chief Marketing Officer (U.S.) of Wendy's Co. (WEN), received multiple awards of restricted stock units (RSUs) on June 15, 2026. The filing shows seven derivative acquisitions (code A) totaling 2,333 RSUs (12 + 182 + 44 + 110 + 657 + 221 + 1,107), each recorded at $0.00 (typical for compensation grants). These RSUs are contingent rights to receive shares upon vesting.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely filing).
- Price: $0.00 per unit (compensation grant), total reported acquisition value $0 on the Form 4.
- Total RSUs granted: 2,333 restricted stock units.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Notable footnotes: grants include dividend equivalent units issued June 15, 2026 and rights for tax withholding. Vesting schedules vary by grant — examples include single or multiple installments on dates such as Aug 5/11/12/15 (2026 and/or 2027), Dec 7, 2026, and a three-year schedule through Aug 12, 2028. See filing footnotes for exact per-award vesting dates.
- Transaction type: Award/Grant (derivative RSUs). This is a compensation grant, not an open-market purchase or sale.
Context
- RSUs are contingent awards that convert to actual shares only if the executive remains employed and the units vest per the stated schedule; dividend equivalents and tax withholding are commonly paired with such awards. Grants like these are routine executive compensation and do not, by themselves, indicate buying or selling sentiment.