Form 4: Wendy's Director Bradley Peltz Acquires Shares

Wendy's Co. Director Bradley Peltz acquired 3,448 shares of common stock as a retainer fee, increasing his direct beneficial ownership.

Summary

• Bradley G. Peltz, a Director at Wendy's Co., acquired 3,448 shares of common stock on April 3, 2026.
• These shares were issued in lieu of cash retainer fees for his services on the Board of Directors and its committees.
• The acquisition price was $7.14 per share, based on the average closing price over the 20 trading days prior to the fee payment date.
• Following this transaction, Mr. Peltz directly beneficially owns 24,460 shares.
• Additionally, he indirectly beneficially owns 132,397 shares through the Peltz 2009 Family Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation transaction for a director rather than a significant strategic or financial event.

Positives

• Director compensation is being satisfied through equity, aligning management interests with shareholders.
• Increased direct beneficial ownership by a key director.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that the use of equity for director compensation is a common practice in the quick-service restaurant industry, aiming to align board interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: Increased direct ownership by a director may be viewed positively as it aligns incentives.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Key Dates

Keywords

Wendy's Co, WEN, Form 4, SEC Filing, Director Compensation, Equity Award, Beneficial Ownership, Bradley Peltz