Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) Following the appointment of Robert D.…
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.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e)
Following the appointment of Robert D. Wright as the President and Chief Executive Officer of The Wendy’s Company (the “Company”), in order to maintain continuity and recognize the performance and growth of the Company’s International business, on July 22, 2026, the Compensation and Human Capital Committee of the Board of Directors of the Company approved a one-time restricted stock unit award with a grant date fair value of $500,000 to E.J. Wunsch, President, International, under the Company’s 2020 Omnibus Award Plan. The award will be granted effective August 11, 2026. The award will vest in substantially equal installments on each of the first two anniversaries of the date of grant, subject to Mr. Wunsch’s continued employment on the applicable vesting dates.