4//SEC Filing
Trian Fund Management GP, LLC 4
Accession 0001209191-21-053753
CIK 0000030697other
Filed
Aug 26, 8:00 PM ET
Accepted
Aug 27, 7:58 PM ET
Size
29.1 KB
Accession
0001209191-21-053753
Insider Transaction Report
Form 4
Wendy's CoWEN
Trian Fund Management, L.P.
10% Owner
Transactions
- Sale
Common Stock
2021-08-27$23.38/sh−382,403$8,941,768→ 25,611,614 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-25$23.49/sh−161,922$3,803,855→ 26,044,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-26$23.33/sh−50,000$1,166,455→ 25,994,017 total(indirect: Please see explanation below)
Trian Partners Master Fund, L.P.
10% Owner
Transactions
- Sale
Common Stock
2021-08-26$23.33/sh−50,000$1,166,455→ 25,994,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-25$23.49/sh−161,922$3,803,855→ 26,044,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-27$23.38/sh−382,403$8,941,768→ 25,611,614 total(indirect: Please see explanation below)
Trian Partners Parallel Fund I, L.P.
10% Owner
Transactions
- Sale
Common Stock
2021-08-25$23.49/sh−161,922$3,803,855→ 26,044,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-26$23.33/sh−50,000$1,166,455→ 25,994,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-27$23.38/sh−382,403$8,941,768→ 25,611,614 total(indirect: Please see explanation below)
Transactions
- Sale
Common Stock
2021-08-25$23.49/sh−161,922$3,803,855→ 26,044,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-27$23.38/sh−382,403$8,941,768→ 25,611,614 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-26$23.33/sh−50,000$1,166,455→ 25,994,017 total(indirect: Please see explanation below)
Trian Partners, L.P.
10% Owner
Transactions
- Sale
Common Stock
2021-08-27$23.38/sh−382,403$8,941,768→ 25,611,614 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-25$23.49/sh−161,922$3,803,855→ 26,044,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-26$23.33/sh−50,000$1,166,455→ 25,994,017 total(indirect: Please see explanation below)
Transactions
- Sale
Common Stock
2021-08-26$23.33/sh−50,000$1,166,455→ 25,994,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-27$23.38/sh−382,403$8,941,768→ 25,611,614 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-25$23.49/sh−161,922$3,803,855→ 26,044,017 total(indirect: Please see explanation below)
Transactions
- Sale
Common Stock
2021-08-25$23.49/sh−161,922$3,803,855→ 26,044,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-27$23.38/sh−382,403$8,941,768→ 25,611,614 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-26$23.33/sh−50,000$1,166,455→ 25,994,017 total(indirect: Please see explanation below)
Transactions
- Sale
Common Stock
2021-08-26$23.33/sh−50,000$1,166,455→ 25,994,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-27$23.38/sh−382,403$8,941,768→ 25,611,614 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-25$23.49/sh−161,922$3,803,855→ 26,044,017 total(indirect: Please see explanation below)
Trian Fund Management GP, LLC
10% Owner
Transactions
- Sale
Common Stock
2021-08-26$23.33/sh−50,000$1,166,455→ 25,994,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-25$23.49/sh−161,922$3,803,855→ 26,044,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-27$23.38/sh−382,403$8,941,768→ 25,611,614 total(indirect: Please see explanation below)
Trian Partners GP, L.P.
10% Owner
Transactions
- Sale
Common Stock
2021-08-26$23.33/sh−50,000$1,166,455→ 25,994,017 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-27$23.38/sh−382,403$8,941,768→ 25,611,614 total(indirect: Please see explanation below) - Sale
Common Stock
2021-08-25$23.49/sh−161,922$3,803,855→ 26,044,017 total(indirect: Please see explanation below)
Footnotes (7)
- [F1]The sales reported in this Form 4 were done for portfolio management purposes.
- [F2]The price shown in Column 4 is a weighted average sale price. The price range for the sales is $23.40 - $23.535. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F3]Trian Fund Management GP, LLC ("Trian Management GP") is the general partner (the "GP") of Trian Fund Management, L.P. ("Trian Management"). Trian Management serves as the management company for Trian Partners, L.P. ("Trian Onshore"), Trian Partners Master Fund, L.P. ("Trian Offshore"), Trian Partners Parallel Fund I, L.P. ("Parallel Fund I"), Trian Partners Strategic Fund-G II, L.P. ("Fund-G II"), Trian Partners Strategic Fund-G III, L.P. ("Fund-G III"), Trian Partners Strategic Fund-K, L.P. ("Fund-K"), and Trian Partners Strategic Fund-C, Ltd. ("Fund-C" and collectively, the "Trian Funds") and as such determines the investment and voting decisions of the Trian Funds with respect to the shares of the Issuer held by them.
- [F4](FN3, contd.) Trian Partners General Partner, LLC ("Trian GP LLC") is the GP of Trian Partners GP, L.P. ("Trian GP"), which is the GP of Trian Onshore and Trian Offshore. Trian Partners Parallel Fund I General Partner, LLC is the GP of Parallel Fund I, Trian Partners Strategic Fund-G II General Partner, LLC is the GP of Trian Partners Strategic Fund-G II GP, L.P., which is the GP of Fund-G II, Trian Partners Strategic Fund-G III General Partner, LLC is the GP of Trian Partners Strategic Fund-G III GP, L.P., which is the GP of Fund-G III, Trian Partners Strategic Fund-K General Partner, LLC is the GP of Trian Partners Strategic Fund-K GP, L.P., which is the GP of Fund-K, and Trian Partners Strategic Fund-C General Partner, LLC is the GP of Trian Partners Strategic Fund-C GP, L.P, which is the GP of the feeder fund to Fund-C.
- [F5]Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
- [F6]The price shown in Column 4 is a weighted average sale price. The price range for the sales is $23.30 - $23.37. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F7]The price shown in Column 4 is a weighted average sale price. The price range for the sales is $23.30 to $23.455. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Documents
Issuer
Wendy's Co
CIK 0000030697
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001345472
Filing Metadata
- Form type
- 4
- Filed
- Aug 26, 8:00 PM ET
- Accepted
- Aug 27, 7:58 PM ET
- Size
- 29.1 KB