EX-99.1 2 d89083dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 The Wendy’s Company Comments on Amended 13D Filing from Trian Partners DUBLIN, Ohio - February 18, 2026 - The Wendy’s Company (Nasdaq: WEN) today issued the following statement regarding the Schedule 13D/A filed by Trian Fund Management, L.P. and certain of its affiliates with the Securities and Exchange Commission: “The Wendy’s Company’s Board of Directors and management team regularly review the Company’s strategic priorities and opportunities with the goal of maximizing value for all shareholders. Our Board is committed to continuing to act in the best interests of the Company and its shareholders. If and when any proposal is submitted by Trian Partners, the Board of Directors will carefully evaluate it, consistent with its fiduciary duties. As discussed during our recent fourth quarter 2025 earnings call, we are executing our Project Fresh turnaround plan with urgency to strengthen our U.S. business while continuing to deliver strong growth internationally. With an iconic brand, a great team, passionate franchisees, improved capabilities, and the right plan to deliver results, we are confident that we have all the…
Open exhibit ↗Current Report · Items 7.01, 9.01 · 8-K
Wendy's Company
WENNASDAQEQUITYCurrent
Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On February 18, 2026, The Wendy’s Company (the “Company”) issued a press release regarding the Schedule 13D/A filed by Trian Fund Management, L.P. and certain of its affiliates with the Securities and Exchange Commission. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference.…
Company context
The Wendy’s Company (Nasdaq: WEN) and Wendy’s® franchisees employ hundreds of thousands of people across more than 7,000 restaurants worldwide. Founded in 1969, Wendy’s is committed to the promise of Fresh Famous Food, Made Right, For You, delivered to customers through its craveable menu including made-to-order square hamburgers using fresh beef*, and fan favorites like the Spicy Chicken Sandwich and nuggets, Baconator®, and the Frosty® dessert. Wendy’s supports the Dave Thomas Foundation for Adoption®, established by its founder, which seeks to dramatically increase the number of adoptions of children waiting in North America’s foster care system. Learn more about Wendy’s at www.wendys.com. For details on franchising, visit www.wendys.com/franchising. Connect with Wendy’s on X, Instagram and Facebook.