Peltz Bradley G. 4

What Happened
Bradley G. Peltz, a director of Wendy's Co. (WEN), was issued 3,527 shares on 2026-06-29 as an award (transaction code A). The shares were priced at $6.98 each for a total value of approximately $24,618. This issuance was made in lieu of quarterly board and committee cash retainer fees under Wendy's 2020 Omnibus Award Plan — a routine compensation grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-29; Price: $6.98 per share; Shares issued: 3,527; Total value ≈ $24,618.
• Transaction type: A (Award/Grant) under the 2020 Omnibus Award Plan.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: Shares were issued in lieu of Mr. Peltz's quarterly board and committee retainer fees; the $6.98 price equals the average closing price over the 20 trading days immediately preceding the retainer payment date.
• Filing: Report filed 2026-07-01 — appears timely (Form 4s are generally filed within two business days).

Context
This was a compensation-related issuance (shares in lieu of cash retainer), which is common for non-employee directors and does not necessarily signal personal bullishness. Such awards increase insider ownership but reflect the company’s director pay practices rather than an open-market investment decision.