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8-KThe WireRed Alert

Executive Change

Filed Jul 30, 2025 · 11mo ago · Accession 0001193125-25-169324

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): July 24, 2025     THE WENDY’S COMPANY (Exact name of registrant, as specified in its charter)       Delaware   1-2207   38-0471180 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   One Dave Thomas Boulevard , Dublin , Ohio   43017 (Address of principal executive offices)   (Zip Code) (614) 764-3100 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):     ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $.10 par value   WEN   The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) In connection with the appointment of Ken Cook as Interim Chief Executive Officer of The Wendy’s Company (the “Company”) and in order to ensure a smooth leadership transition and maintain continuity of key executives, on July 24, 2025, the Compensation and Human Capital Committee of the Board of Directors of the Company approved a one-time grant of stock-based retention awards (the “Retention Awards”) to the Company’s executive leadership team, excluding Mr. Cook, under the Company’s 2020 Omnibus Award Plan. The Retention Awards will be granted effective August 12, 2025. Certain named executive officers of the Company were among the recipients of the Retention Awards, including E.J. Wunsch, President, International (grant date fair value of $1,520,000), and Lindsay J. Radkoski, Chief Marketing Officer, U.S. (grant date fair value of $700,000). Three-quarters of each Retention Award will be in the form of restricted stock units and one-quarter of each Retention Award will be in the form of stock options. The Retention Awards will vest in substantially equal installments on each of the first two anniversaries of the date of grant, in each case subject to the recipient’s continued employment on the applicable vesting dates.   2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.       THE WENDY’S COMPANY Date: July 30, 2025     By:   /s/ Mark L. Johnson       Mark L. Johnson       Director – Corporate & Securities Counsel, and Assistant Secretary   3
Filing details
Company
Wendy's Co
Ticker
WEN
CIK
30697
Form type
8-K
Filing date
Jul 30, 2025
Report date
Jul 24, 2025
Document
d935236d8k.htm
Size
132 KB