Form 4: Matthew Peltz Reports Acquisition of Wendy's Co. Shares

Matthew Peltz, a director and 10% owner of Wendy's Co., reports acquiring additional shares as part of the company's 2020 Omnibus Award Plan.

Summary

• On April 2, 2025, Matthew Peltz acquired 1,789 shares of Wendy's Co. common stock at a price of $15.16 per share.
• These shares were issued under the company's 2020 Omnibus Award Plan in lieu of quarterly Board of Directors and committee retainer fees.
• Following the transaction, Peltz directly owns 115,814 shares.
• Additionally, he has indirect ownership of 14,943,466 shares through Trian Partners and 132,397 shares through the Peltz 2009 Family Trust.
• Peltz disclaims beneficial ownership of the shares held by Trian Partners and the Peltz 2009 Family Trust, except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally viewed positively, but the amount is relatively small and related to compensation rather than a large open market purchase.

Positives

• The acquisition of shares by a director and significant owner could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future performance. Matthew Peltz is a well-known activist investor, so his moves are likely to be scrutinized.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Wendy's Co, Matthew Peltz, Share Acquisition, Form 4, Trian Partners, Director, Ownership, WEN