Wendy's (WEN) CMO Lindsay Radkoski Receives 2,767 Shares

What Happened
Lindsay J. Radkoski, Chief Marketing Officer (U.S.) of Wendy's Co., had 2,767 restricted stock units (RSUs) convert to common shares on August 15, 2026. Of those shares, 806 were withheld to satisfy tax withholding obligations at $8.64 per share for a cash value of $6,964. After withholding, the net shares delivered to Ms. Radkoski were 1,961 (2,767 acquired − 806 withheld). The conversion price is shown as $0.00 because these were vested RSUs rather than a cash purchase.

Key Details

• Transaction date: August 15, 2026; Form 4 filed August 18, 2026.
• Conversion (code M): 2,767 RSUs converted to 2,767 shares @ $0.00 (acquired).
• Tax withholding (code F): 806 shares withheld @ $8.64 = $6,964 (disposed).
• Net shares delivered: 1,961 shares.
• Footnotes:
  • F1: Each RSU converts to one share.
  • F2–F3: RSUs include tandem dividend equivalent rights; the reported amount includes 331 dividend equivalent units that had accrued.
  • F4: These RSUs were granted Aug 15, 2024 and vest in three equal annual installments; the second installment vested Aug 15, 2026.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
This was a routine vesting/settlement of previously granted RSUs (not an open-market purchase or discretionary sale). The withholding of shares to cover taxes is common when equity awards vest and does not necessarily indicate a buy/sell signal about the executive's view of the stock.