Wendy's (WEN) CMO Hassan Receives RSU Award

What Happened

Hassan Tariq H., Wendy's Co. Chief Marketing Officer & Customer Growth Officer, was granted a total of 1,592 restricted stock units (RSUs) on September 15, 2026 (two awards of 796 RSUs each). Each RSU is a contingent right to receive one share of Wendy's common stock; the grants are recorded as derivative awards with a $0 reported cash price at grant.

These awards are compensation grants (not open‑market purchases or sales) and do not represent an immediate cash transaction. The RSUs include dividend equivalent rights and tax‑withholding provisions.

Key Details

• Transaction type: Award/Grant (code A); derivative RSUs
• Grant date: 2026-09-15 (filed on 2026-09-17 — filing appears timely)
• Shares granted: 796 RSUs + 796 RSUs = 1,592 RSUs total
• Price at grant: $0.00 per unit (reported as $0 value at grant)
• Vesting: Three equal installments on August 24, 2027; August 24, 2028; and August 24, 2029, subject to continued employment (Footnote F4)
• Additional terms: Tandem dividend equivalent rights and tax withholding rights (F1, F3); each RSU equals a contingent right to one share (F2)
• Shares owned after transaction: Not specified in the filing

Context

RSUs are common executive compensation: they provide the right to receive shares in the future if vesting conditions are met. They are not an immediate purchase and do not necessarily signal a personal buy/sell decision. Dividend equivalent units mean the award may accrue payments equivalent to dividends before settlement; tax‑withholding may be satisfied by withholding shares when the RSUs vest.