Wendy's (WEN) CMO Lindsay Radkoski Receives RSU Award

What Happened

• Lindsay J. Radkoski, Chief Marketing Officer (U.S.) of Wendy's Co., received the vesting/conversion of restricted stock units and related derivative units on August 11, 2026. The filing shows two awards/vesting entries totaling 96,015 and 13,907 restricted stock units (RSUs) — together ~109,922 RSUs — and conversion/exercise entries for 633 derivative units. Price per share for the RSU/derivative conversions is reported as $0.00 (these are non‑cash awards). To satisfy tax withholding, 185 shares were surrendered at $7.55 each for $1,397.

Key Details

• Transaction date: August 11, 2026; Form 4 filed Aug 13, 2026 (reporting period 2026-08-11).
• Shares/units involved: 96,015 RSUs + 13,907 RSUs (total ~109,922 RSUs) vested/awarded; 633 derivative units exercised/converted; 185 shares surrendered for tax withholding.
• Prices/values: RSU/derivative conversion price listed as $0.00; tax withholding: 185 shares @ $7.55 = $1,397.
• Shares owned after transaction: not specified in the provided filing data.
• Notable footnotes: RSUs represent contingent rights to one share each and include dividend equivalent units (110 dividend equivalents reported). The RSUs were originally granted Aug 11, 2023 and vested in three equal installments (the final installment vested Aug 11, 2026). The filing reflects tandem/net share settlement and tax withholding rights.
• Timeliness: Filing appears timely (reporting period Aug 11; Form filed Aug 13).

Context

• This was principally a vesting/award event (receipt of shares via RSU vesting and conversion of derivative units), not an open‑market buy or sale. The surrender of 185 shares for tax withholding is a routine net‑settlement of vested awards and is common with RSU vesting; it should not be read as a directional market bet by the insider. The filing also references future vesting schedules for other awards/options (vesting in 2027–2029), indicating ongoing equity compensation arrangements.