4//SEC Filing
PELTZ NELSON 4
Accession 0001209191-23-055183
CIK 0000030697other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 4:48 PM ET
Size
12.1 KB
Accession
0001209191-23-055183
Insider Transaction Report
Form 4
Wendy's CoWEN
PELTZ NELSON
Director10% Owner
Transactions
- Sale
Common Stock
2023-11-14$18.76/sh−1,883,593$35,336,205→ 15,943,466 total(indirect: By Trian Partners)
Holdings
- 9,965,934
Common Stock
- 132,397(indirect: By Trust)
Common Stock
- 81,104(indirect: By Children)
Common Stock
- 44,169(indirect: By Spouse)
Common Stock
Trian Fund Management, L.P.
10% Owner
Transactions
- Sale
Common Stock
2023-11-14$18.76/sh−1,883,593$35,336,205→ 15,943,466 total(indirect: By Trian Partners)
Holdings
- 9,965,934
Common Stock
- 132,397(indirect: By Trust)
Common Stock
- 81,104(indirect: By Children)
Common Stock
- 44,169(indirect: By Spouse)
Common Stock
Footnotes (5)
- [F1]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., 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 Chief Executive Officer and a founding partner of Trian Management, and as such may be deemed to share voting and dispositive power with Trian Management over shares of the Issuer held by the Trian Funds.
- [F2](FN 1, contd.) Mr. Peltz is also a member of Trian Partners General Partner, LLC ("Trian GP LLC"), the general partner of Trian Partners GP, L.P. ("Trian GP"), and as such is in a position to determine the investment and voting decisions made by Trian GP LLC on behalf of Trian GP. Accordingly, Mr. Peltz and Trian Management may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the shares owned by the Trian Funds and Trian GP (collectively, "Trian Partners"). The reporting persons disclaim beneficial ownership of such shares 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.
- [F3]All such shares are owned by the Peltz 2009 Family Trust for the benefit of Mr. Peltz's children. Mr. Peltz's spouse is a trustee of the trust.
- [F4]Mr. Peltz disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Peltz is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F5]Owned by children living in the reporting person's household.
Documents
Issuer
Wendy's Co
CIK 0000030697
Entity typeother
Related Parties
1- filerCIK 0000928265
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 4:48 PM ET
- Size
- 12.1 KB