4//SEC Filing
TRIAN FUND MANAGEMENT, L.P. 4
Accession 0001209191-23-034071
CIK 0000030697other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 7:42 PM ET
Size
10.7 KB
Accession
0001209191-23-034071
Insider Transaction Report
Form 4
Wendy's CoWEN
Trian Fund Management, L.P.
10% Owner
Transactions
- Sale
Common Stock
2023-06-02$22.76/sh−443,725$10,099,447→ 20,732,628 total(indirect: By Trian Partners)
Holdings
- 94,581
Common Stock
- 132,397(indirect: By Trust)
Common Stock
Peltz Matthew H.
Director10% Owner
Transactions
- Sale
Common Stock
2023-06-02$22.76/sh−443,725$10,099,447→ 20,732,628 total(indirect: By Trian Partners)
Holdings
- 132,397(indirect: By Trust)
Common Stock
- 94,581
Common Stock
Footnotes (5)
- [F1]The price shown in Column 4 is a weighted average sale price. The price range for the sales is $22.75 - $22.865. 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.
- [F2]Trian Fund Management, L.P. ("Trian Management") serves as the management company for Trian Partners, L.P., Trian Partners Master Fund, L.P., Trian Partners Parallel Fund I, L.P., Trian Partners Strategic Fund-G II L.P., Trian Partners Strategic Fund-G III, L.P., and Trian Partners Strategic Fund-K, L.P. (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. Mr. Peltz is the Co-Chief Investment Officer and a partner of Trian Management, and a limited partner or member of certain affiliates of the Trian Funds, and as such has an indirect interest in the shares of the Issuer held by the Trian Funds.
- [F3](FN 2, contd.) Mr. Peltz is also a limited partner in Trian Partners GP, L.P. ("Trian GP") and a member of Trian Partners General Partner, LLC, the general partner of Trian GP, and as such has an indirect interest in the shares of the Issuer held by Trian GP. The reporting persons disclaim beneficial ownership of the shares held by Trian Management and Trian GP (collectively, "Trian Partners") except to the extent of their pecuniary interest therein and this report shall not be deemed an admission that the reporting persons are the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F4]Mr. Peltz disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F5]All such shares are owned by the Peltz 2009 Family Trust. Mr. Peltz is a trustee of the trust.
Documents
Issuer
Wendy's Co
CIK 0000030697
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001345471
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 7:42 PM ET
- Size
- 10.7 KB