The Wendy's Company

06/11/2026 | Press release | Distributed by Public on 06/11/2026 15:00

Initial Statement of Beneficial Ownership (Form 3)

FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Kale Aaron M.
2. Date of Event Requiring Statement (Month/Day/Year)
06/08/2026
3. Issuer Name and Ticker or Trading Symbol
Wendy's Co [WEN]
(Last) (First) (Middle)
C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD.
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Accounting Officer
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
DUBLIN, OH 43017
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 10,568 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)(1) (2) 08/12/2035 Common Stock 23,430 $10.11 D
Employee Stock Option (Right to Buy)(1) (3) 08/05/2034 Common Stock 9,127 $16.7 D
Employee Stock Option (Right to Buy)(1) (4) 08/11/2033 Common Stock 5,836 $21.53 D
Employee Stock Option (Right to Buy)(1) (5) 08/12/2032 Common Stock 7,900 $21.4 D
Employee Stock Option (Right to Buy)(1) (6) 08/13/2031 Common Stock 7,896 $23.7 D
Employee Stock Option (Right to Buy)(1) (7) 08/07/2030 Common Stock 10,445 $22.34 D
Employee Stock Option (Right to Buy)(1) (8) 08/09/2029 Common Stock 18,362 $19.71 D
Employee Stock Option (Right to Buy)(1) (9) 08/20/2028 Common Stock 6,061 $18.515 D
Employee Stock Option (Right to Buy)(1) (10) 08/11/2027 Common Stock 8,001 $15.355 D
Restricted Stock Units(11) (12) (12) Common Stock 11,001 $0(13) D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kale Aaron M.
C/O THE WENDY'S COMPANY
ONE DAVE THOMAS BLVD.
DUBLIN, OH 43017
Chief Accounting Officer

Signatures

/s/Aaron M. Kale 06/10/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) With tandem net exercise and tax withholding rights.
(2) The option becomes exercisable as to 7,810 shares on each of August 12, 2026, 2027 and 2028.
(3) The option became exercisable as to 3,042 shares on August 5, 2025 and becomes exercisable as to 3,042 shares on August 5, 2026 and 3,043 shares on August 5, 2027.
(4) The option became exercisable as to 1,945 shares on each of August 11, 2024 and August 11, 2025 and becomes exercisable as to 1,946 shares on August 11, 2026.
(5) The option vested in three equal installments on August 12, 2023, 2024 and 2025 and is currently exercisable as to all 7,900 shares.
(6) The option vested in three equal installments on August 13, 2022, 2023 and 2024 and is currently exercisable as to all 7,896 shares.
(7) The option vested in three equal installments on August 7, 2021, 2022 and 2023 and is currently exercisable as to all 10,455 shares.
(8) The option vested in three equal installments on August 9, 2020, 2021 and 2022 and is currently exercisable as to all 18,362 shares.
(9) The option vested in three equal installments on August 20, 2019, 2020 and 2021 and is currently exercisable as to all 6,061 shares.
(10) The option vested in three equal installments on August 11, 2018, 2019 and 2020 and is currently exercisable as to all 8,001 shares.
(11) With tandem dividend equivalent rights and tax withholding rights.
(12) Of the restricted stock units, 1,713 (261 of which represent dividend equivalent units) will vest on August 11, 2026; 2,783 (288 of which represent dividend equivalent units) will vest in two remaining equal installments on August 5, 2026 and 2027; and 6,505 (324 of which represent dividend equivalent units) will vest in three equal installments on August 12, 2026, 2027 and 2028. In each case, the stated number of restricted stock units will vest in full on the applicable vesting date, subject to Mr. Kale's continued employment with the Company on the applicable vesting date.
(13) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.

Remarks:
Power of attorney is included with this filing as Exhibit 24.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
The Wendy's Company published this content on June 11, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 11, 2026 at 21:00 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]