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    Amendment: SEC Form SC 13D/A filed by Wendy's Company

    8/9/24 8:54:32 PM ET
    $WEN
    Restaurants
    Consumer Discretionary
    Get the next $WEN alert in real time by email
    SC 13D/A 1 wen_13d_amendment_no_61.htm SC 13D/A SC 13D/A

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    SCHEDULE 13D

    Under the Securities Exchange Act of 1934

    (Amendment No. 61)*

     

    THE WENDY’S COMPANY

    (Name of Issuer)

    COMMON STOCK, PAR VALUE $.10 PER SHARE

    (Title of Class of Securities)

     

    95058W100

    (CUSIP Number)

    PETER W. MAY
    280 PARK AVENUE
    NEW YORK, NEW YORK 10017
    TEL. NO.: (212) 451-3000

    BRIAN L. SCHORR, ESQ.
    CHIEF LEGAL OFFICER
    TRIAN FUND MANAGEMENT, L.P.
    280 PARK AVENUE, 41
    st FLOOR
    NEW YORK, NEW YORK 10017
     TEL. NO.:(212) 451-3000

    (Name, Address and Telephone Number of Person

    Authorized to Receive Notices and Communications)

     

    August 8, 2024

    (Date of Event Which Requires Filing of this Statement)

     

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ☐.

     

    Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

     

    *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

     

    The Information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     


    SCHEDULE 13D

     

    CUSIP No 95058W100

     

     

    Page 2

     

     

    (1)

    NAME OF REPORTING PERSON
    Nelson Peltz

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    Not applicable

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    United States

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    0

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    30,882,254

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    9,959,519

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

     

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    30,882,254

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    15.19%*

    (14)

    TYPE OF REPORTING PERSON

    IN

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Company’s Quarterly Report on Form 10-Q for the quarter ended on June 30, 2024 (the “Form 10-Q”).

     

     

     

     

     

     


    SCHEDULE 13D

     

    CUSIP No 95058W100

     

     

    Page 3

     

     

    (1)

    NAME OF REPORTING PERSON

    Peter W. May

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    Not applicable

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    United States

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    0

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    30,675,565

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    5,507,029

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

     

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    30,675,565

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    15.09%*

    (14)

    TYPE OF REPORTING PERSON

    IN

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Form 10-Q.

     

     

     


    SCHEDULE 13D

     

    CUSIP No 95058W100

     

     

    Page 4

     

     

    (1)

    NAME OF REPORTING PERSON

    Trian Fund Management, L.P.

    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    20-3454182

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    OO

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    0

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    14,943,466

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    0

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

    14,943,466

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    14,943,466

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    7.35%*

    (14)

    TYPE OF REPORTING PERSON

    PN

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Form 10-Q.

     

     

     

     


    SCHEDULE 13D

     

    CUSIP No 95058W100

     

     

    Page 5

     

     

    (1)

    NAME OF REPORTING PERSON

    Trian Fund Management GP, LLC

     

    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    20-3454087

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    OO

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    0

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    14,943,466

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    0

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

    14,943,466

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    14,943,466

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    7.35%*

    (14)

    TYPE OF REPORTING PERSON

    OO

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Form 10-Q.

     

     

     

     


    SCHEDULE 13D

     

    CUSIP No 95058W100

     

     

    Page 6

     

     

    (1)

    NAME OF REPORTING PERSON

    Trian Partners GP, L.P.

     

    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    20-3453775

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    OO

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    0

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    12,798

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    0

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

    12,798

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    12,798

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    0.01%*

    (14)

    TYPE OF REPORTING PERSON

    PN

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Form 10-Q.

     

     

     

     

     


    CUSIP No 95058W100

     

     

    Page 7

     

     

    (1)

    NAME OF REPORTING PERSON

    Trian Partners General Partner, LLC

     

    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    20-3453595

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    OO

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    0

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    12,798

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    0

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

    12,798

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    12,798

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    0.01%*

    (14)

    TYPE OF REPORTING PERSON

    OO

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Form 10-Q.

     

     

     

     


    CUSIP No 95058W100

     

     

    Page 8

     

     

    (1)

    NAME OF REPORTING PERSON

    Trian Partners, L.P.

     

    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    20-3453988

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    OO

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    0

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    5,014,628

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    0

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

    5,014,628

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    5,014,628

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    2.47%*

    (14)

    TYPE OF REPORTING PERSON

    PN

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Form 10-Q.

     

     

     

     


    CUSIP No 95058W100

     

     

    Page 9

     

     

    (1)

    NAME OF REPORTING PERSON

    Trian Partners Master Fund, L.P.

     

    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    98-0468601

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    OO

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Cayman Islands

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    0

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    6,297,077

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    0

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

    6,297,077

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    6,297,077

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    3.10%*

    (14)

    TYPE OF REPORTING PERSON

    PN

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Form 10-Q.

     

     

     

     

     


    CUSIP No 95058W100

     

     

    Page 10

     

     

    (1)

    NAME OF REPORTING PERSON

    Trian Partners Parallel Fund I, L.P.

     

    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    20-3694154

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    OO

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    0

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    1,172,869

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    0

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

    1,172,869

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    1,172,869

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    0.58%*

    (14)

    TYPE OF REPORTING PERSON

    PN

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Form 10-Q.

     

     

     

     

     


    CUSIP No 95058W100

     

     

    Page 11

     

     

    (1)

    NAME OF REPORTING PERSON

    Matthew Peltz

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    Not Applicable

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    United States

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    110,765

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    327,827

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    0

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

    327,827

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    438,592

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    0.22%*

    (14)

    TYPE OF REPORTING PERSON

    IN

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Form 10-Q.

     

     

     

     

     


    CUSIP No 95058W100

     

     

    Page 12

     

     

    (1)

    NAME OF REPORTING PERSON

    Trian Partners Strategic Fund G-II, L.P.

     

    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    46-5509975

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    OO

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    0

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    825,291

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    0

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

    825,291

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    825,291

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    0.41%*

    (14)

    TYPE OF REPORTING PERSON

    PN

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Form 10-Q.

     

     

     

     

     


    CUSIP No 95058W100

     

     

    Page 13

     

     

    (1)

    NAME OF REPORTING PERSON

    Trian Partners Strategic Fund G-III, L.P.

     

    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    47-2121971

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    OO

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    0

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    0

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    0

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

    0

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    0

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    0.00%*

    (14)

    TYPE OF REPORTING PERSON

    PN

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Form 10-Q.

     

     

     

     

     


    CUSIP No 95058W100

     

     

    Page 14

     

     

    (1)

    NAME OF REPORTING PERSON

    Trian Partners Strategic Fund-K, L.P.

     

    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    47-5116069

    (2)

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

    (a) ☐        (b) ☐

    (3)

    SEC USE ONLY

    (4)

    SOURCE OF FUNDS

    OO

    (5)

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

    ☐

    (6)

    CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware

    Number of

    (7)

    SOLE VOTING POWER (See Item 5)

    0

    shares

    beneficially

    owned by

    (8)

    SHARED VOTING POWER (See Item 5)

    1,620,803

    each

    reporting

    person

    (9)

    SOLE DISPOSITIVE POWER (See Item 5)

    0

    with:

    (10)

    SHARED DISPOSITIVE POWER (See Item 5)

    1,620,803

    (11)

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 5)

    1,620,803

    (12)

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

    ☐

    (13)

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    0.80%*

    (14)

    TYPE OF REPORTING PERSON

    PN

     

     

    _______

    * This percentage is calculated based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Form 10-Q.

     

     

     

     


    CUSIP No 95058W100

     

     

    Page 15

     

    AMENDMENT NO. 61 TO SCHEDULE 13D

     

    This Amendment No. 61 (“Amendment No. 61”) amends and supplements the Schedule 13D dated October 13, 1992 (the “Original Statement”), as amended and restated by Amendment No. 6 dated May 3, 1993, as amended by Amendment No. 7 dated February 14, 1996, as amended by Amendment No. 8 dated October 13, 1998, as amended by Amendment No. 9 dated March 12, 1999, as amended by Amendment No. 10 dated May 4, 1999, as amended by Amendment No. 11 dated November 12, 2002, as amended by Amendment No. 12 dated April 25, 2003, as amended by Amendment No. 13 dated July 1, 2003, as amended by Amendment No. 14 dated September 24, 2003, as amended by Amendment No. 15 dated December 4, 2003, as amended by Amendment No. 16 dated January 15, 2004, as amended by Amendment No. 17 dated April 20, 2004, as amended by Amendment No. 18 dated June 29, 2004, as amended by Amendment No. 19 dated July 23, 2004, as amended by Amendment No. 20 dated May 23, 2005, as amended by Amendment No. 21 dated January 6, 2006, as amended by Amendment No. 22 dated February 23, 2006, as amended by Amendment No. 23 dated December 26, 2006, as amended by Amendment No. 24 dated April 23, 2008, as amended by Amendment No. 25 dated September 16, 2008, as amended by Amendment No. 26 dated September 23, 2008, as amended by Amendment No. 27 dated September 25, 2008, as amended by Amendment No. 28 dated October 1, 2008, as amended by Amendment No. 29 dated October 8, 2008, as amended by Amendment No. 30 dated November 6, 2008, as amended by Amendment No. 31 dated November 25, 2008, as amended by Amendment No. 32 dated December 5, 2008, as amended by Amendment No. 33 dated December 8, 2008, as amended by Amendment No. 34 dated December 11, 2008, as amended by Amendment 35 dated April 1, 2009, as amended by Amendment 36 dated March 9, 2010, as amended by Amendment 37 dated June 10, 2010, as amended by Amendment 38 dated February 2, 2011, as amended by Amendment 39 dated December 1, 2011 as amended by Amendment No. 40 dated February 6, 2012, as amended by Amendment No. 41 dated January 14, 2014, as amended by Amendment No. 42 dated January 15, 2014, as amended by Amendment No. 43 dated September 18, 2014, as amended by Amendment No. 44 dated June 3, 2015, as amended by Amendment No. 45 dated June 18, 2015, as amended by Amendment No. 46 dated June 25, 2015, as amended by Amendment No. 47 dated July 8, 2015, as amended by Amendment No. 48 dated July 20, 2015, as amended by Amendment No. 49 dated December 15, 2015, as amended by Amendment No. 50 dated December 6, 2016, as amended by Amendment No. 51 dated June 6, 2017, as amended by Amendment No. 52 dated February 27, 2018, as amended by Amendment No. 53 dated May 16, 2018, as amended by Amendment No. 54 dated March 7, 2019, as amended by Amendment No. 55 dated August 16, 2019, as amended by Amendment No. 56 dated May 24, 2022, as amended by Amendment No. 57 dated January 13, 2023, as amended by Amendment No. 58 dated March 3, 2023, as amended by Amendment No. 59 dated June 2, 2023 and as amended by Amendment No. 60 dated August 23, 2023 (“Amendment No. 60”) (the Original Statement, as so amended shall be known as the “Statement”), with respect to the (i) the Common Stock, par value $.10 per share (the “Common Stock”), of The Wendy’s Company (the “Company,” formerly known as Wendy’s/Arby’s Group, Inc. and, before that, Triarc Companies, Inc., a Delaware corporation (“Triarc”) and successor by merger to Triarc Companies, Inc., an Ohio corporation formerly named DWG Corporation) for periods commencing on or after May 28, 2009, (ii) the Common Stock, par value $.10 per share, of Triarc (through September 29, 2008, the date of the closing of the acquisition of Wendy’s described in Item 4) and of the Company for the period commencing on September 30, 2008 and ending on May 27, 2009 (the “Class A Common Stock”), and (iii) for periods prior to September 30, 2008, the Class B Common Stock, Series 1, par value $.10 per share, of Triarc (the “Class B Common Stock”). Unless otherwise indicated, all capitalized terms used herein shall have the same meaning as set forth in the Statement.

     

    Except as set forth below, there are no changes to the information set forth in the Statement.

     

    Items 2, 3, 4 and 5 of the Statement are hereby amended as follows:

     

    Item 2. Identity and Background

     

    Item 2 of the Statement is hereby amended and supplemented by adding the following information:

     

    Fund-G III no longer beneficially owns any shares of Common Stock. As a result, following this Amendment No. 61, Fund-G III will no longer be a filing person, and references in this Statement to the “Filing Persons” or the “Trian Entities” will no longer include Fund-G III.

     

    Item 3. Source and Amount of Funds or Other Consideration

    Item 3 of the Statement is hereby amended and supplemented by the following:

     

    Since the filing of Amendment No. 60, Nelson Peltz, in his capacity as a director of the Company, was awarded 1,087 shares of Common Stock on October 6, 2023, 1,118 shares of Common Stock on January 4, 2024, 1,191 shares of Common Stock on April 3, 2024, and 1,308 shares of Common Stock on July 3, 2024; Mr. May, in his capacity as a director of the Company, was awarded 1,501 shares of Common Stock on October 6, 2023, 1,544 shares of Common Stock on January 4, 2024, 1,645 shares of Common Stock on April 3, 2024, and 1,806 shares of Common Stock on July 3, 2024; and Matthew Peltz, in his capacity as a director of the Company, was awarded 1,340 shares of Common Stock on October 6, 2023, 1,379 shares of Common Stock on January 4, 2024, 1,469 shares of

     


    CUSIP No 95058W100

     

     

    Page 16

     

    Common Stock on April 3, 2024, and 1,613 shares of Common Stock on July 3, 2024, in each case in lieu of board of directors and committee retainer fees otherwise payable in cash pursuant to the terms of the Company’s 2020 Omnibus Award Plan.

     

    In addition, since the filing of Amendment No. 60, each of Messrs. Peltz, May and M. Peltz received 9,108 restricted shares of Common Stock on May 21, 2024, in each case upon their re-election to the Board of Directors pursuant to the terms of the Company’s 2020 Omnibus Award Plan.

     

    Item 4. Purpose of Transaction

     

    Item 4 is hereby amended and supplemented as follows:

     

    The sale of Shares by Trian Master Fund reported in this Amendment No. 61 was done for portfolio management purposes. None of the Shares that were sold were owned directly by Messrs. Peltz, May, or M. Peltz.

     

    Item 5. Interest in Securities of the Issuer

     

    (1) Part (a) of Item 5 of the Statement is amended by deleting the eleventh through seventeenth paragraphs thereof and replacing them with the following:

     

    Mr. Peltz directly owns and has the sole power to dispose of and the shared power to vote 9,959,519 shares of Common Stock. Mr. May directly owns and has the sole power to dispose of and the shared power to vote 5,507,029 shares of Common Stock. Mr. M. Peltz directly owns and has the sole power to dispose of and vote 110,765 shares of Common Stock.

     

    Claudia Peltz, Mr. Peltz’s wife, is the beneficial owner of 44,169 shares of Common Stock. These shares were previously beneficially owned by the Peltz L.P., the general partner of which was a limited liability company of which Mrs. Peltz was the sole member. Mr. Peltz may be deemed to beneficially own the shares of Common Stock owned by Mrs. Peltz. Mr. Peltz disclaims beneficial ownership of such shares.

     

    The Peltz 2009 Family Trust is the beneficial owner of 132,397 shares of Common Stock. Mrs. Peltz, Mr. Peltz and Mr. M. Peltz serve as the trustees of the Peltz 2009 Family Trust. The shares held by the Peltz 2009 Family Trust were previously beneficially owned by the NP 2009 GRAT, a trust of which Mr. Peltz was the sole trustee. Each of Mr. Peltz and Mr. M. Peltz may be deemed to beneficially own the shares of Common Stock owned by the 2009 Family Trust. Each of Mr. Peltz and Mr. M. Peltz disclaims beneficial ownership of such shares.

     

    The Nelson Peltz 2023 Non-Pourover Revocable Trust (the “Peltz 2023 Trust”) is the beneficial owner of 19,140 shares of Common Stock. Mr. Peltz is the sole trustee and sole beneficiary of the Peltz 2023 Trust. Mr. Peltz may be deemed to beneficially own the shares of Common Stock owned by the Peltz 2023 Trust.

     

    In addition, certain of Mr. Peltz’s children (the “Peltz Children”) beneficially own 81,104 shares of Common Stock, which Mr. Peltz may be deemed to beneficially own. Mr. Peltz disclaims beneficial ownership of such shares.

     

    The Peltz Family Foundation is the beneficial owner of 195,430 shares of Common Stock. Mr. and Mrs. Peltz, Mr. M. Peltz and an unrelated person serve as the trustees of the Peltz Family Foundation. Each of Mr. Peltz and Mr. M. Peltz may be deemed to beneficially own the shares of Common Stock owned by the Peltz Family Foundation. Each of Mr. Peltz and Mr. M. Peltz disclaims beneficial ownership of such shares.

     

    The May Family Foundation is the beneficial owner of 32,910 shares of Common Stock. Mr. and Mrs. May and their two adult children serve as the directors of the May Family Foundation. Mr. May may be deemed to beneficially own the shares of Common Stock owned by the May Family Foundation. Mr. May disclaims beneficial ownership of such shares.

     

    Pursuant to the Voting Agreement, Mr. Peltz may also be deemed to share voting power (but has no dispositive power) with respect to 5,507,029 shares of the Common Stock beneficially owned by Mr. May (excluding shares beneficially owned by the May Family Foundation), and Mr. May may also be deemed to share voting power (but has no dispositive power) with respect to 10,192,160 shares of the Common Stock beneficially owned by Mr. Peltz (excluding shares beneficially owned by Ms. Peltz and the Peltz Family Foundation). Accordingly, Mr. Peltz may be deemed to beneficially own such shares of Common Stock beneficially owned by Mr. May, and Mr. May may be deemed to beneficially own such shares of Common Stock beneficially owned by Mr. Peltz.

     

    Trian Onshore directly owns 5,014,628 shares of Common Stock, Trian Master Fund directly owns 6,297,077 shares of Common Stock, Parallel Fund I directly owns 1,172,869 shares of Common Stock, Trian GP directly owns 12,798 shares of Common Stock, Fund-G II

     


    CUSIP No 95058W100

     

     

    Page 17

     

    directly owns 825,291 shares of Common Stock, and Fund-K directly owns 1,620,803 shares of Common Stock. Mr. Peltz and Mr. May, by virtue of their relationships to Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, Fund-K, Trian GP, Trian GP LLC, Trian Management and Trian Management GP (as discussed in Item 2 above), may be deemed to have shared voting power and shared dispositive power with regard to, and therefore may be deemed to beneficially own the shares of Common Stock directly owned by Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, Fund-K and Trian GP. Each of Mr. Peltz and Mr. May disclaim beneficial ownership of such shares for all other purposes.

     

    As a result, Mr. Peltz may be deemed to beneficially own an aggregate of 30,882,254 shares of Common Stock (including shares of Common Stock beneficially owned by Mr. May, Ms. Peltz, the Peltz 2009 Family Trust, the Peltz Children, the Peltz Family Foundation, the Peltz 2023 Trust, Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, Fund-K, and Trian GP, but excluding shares beneficially owned by the May Family Foundation), representing approximately 15.19% of the outstanding shares of Common Stock. In addition, Mr. May may be deemed to beneficially own an aggregate of 30,675,565 shares of Common Stock (including shares of Common Stock beneficially owned by the May Family Foundation, Mr. Peltz, Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, Fund-K, and Trian GP, but excluding shares beneficially owned by Ms. Peltz, and the Peltz Family Foundation), representing approximately 15.09% of the outstanding shares of Common Stock.

    (2) Item 5 of the Statement is hereby amended and supplemented by deleting Part (a) and the first and second paragraphs of Part (b) of Item 5 of Amendment No. 60 and replacing them with the following:

     

    (a) As of 4:00 p.m., New York City time, on August 8, 2024, the Filing Persons beneficially owned, in the aggregate, 31,025,929 shares of Common Stock, representing approximately 15.27% of the outstanding Common Stock (based upon 203,242,708 shares of Common Stock outstanding as of July 25, 2024, as reported in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended on June 30, 2024).

     

    (b) Each of Trian Onshore, Trian Master Fund, Parallel Fund I, Trian GP, Fund-G II, and Fund-K beneficially and directly owns and has sole voting power and sole dispositive power with regard to 5,014,628, 6,297,077, 1,172,869, 12,798, 825,291, and 1,620,803 shares of Common Stock, respectively, in each case except to the extent that other Filing Persons as described in the Statement may be deemed to have shared voting power and shared dispositive power with regard to such shares.

     

    Each of Trian Management, Trian Management GP, Nelson Peltz, and Peter W. May, by virtue of their relationships to Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, and Fund-K (as discussed in Item 2), may be deemed to have shared voting power and shared dispositive power with regard to, and therefore may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Act), all of the shares of Common Stock that Trian Onshore, Trian Master Fund, Parallel Fund I, Fund-G II, and Fund-K directly and beneficially own. Each of Trian Management, Trian Management GP, Nelson Peltz, and Peter W. May disclaims beneficial ownership of such shares for all other purposes. Each of Trian GP LLC, Trian Management, Trian Management GP, Nelson Peltz, and Peter W. May, by virtue of their relationships to Trian GP (as discussed in Item 2), may be deemed to have shared voting power and shared dispositive power with regard to, and therefore may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Act), all of the shares of Common Stock that Trian GP directly and beneficially owns. Each of Trian GP LLC, Trian Management, Trian Management GP, Nelson Peltz, and Peter W. May disclaims beneficial ownership of such shares for all other purposes.

     

    (3) Part (c) of Item 5 of the Statement is amended and supplemented by the following:

     

    The following table sets forth all transactions by any of the Filing Persons with respect to the shares of Common Stock effected during the past sixty (60) days, inclusive of the transactions effected through 4:00 p.m., New York City time, on August 8, 2024. All such transactions in the table were effected in block trades. The prices set forth in the table do not include commissions.

     

    Name

    Date

    No. of Shares

    Price

    Per Share ($)

    Transaction

    Type

    Trian Master Fund

    08/08/2024

    1,000,000

    $17.18

    Sale

     

     

     

     

     

     

     

     


     

    SIGNATURE

    After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete, and correct.

    Dated: August 9, 2024

    TRIAN PARTNERS GP, L.P.

     

    By: /s/ PETER W. MAY

    Name: Peter W. May

    Title: Member

     

    TRIAN PARTNERS GENERAL PARTNER, LLC

     

    By: /s/ PETER W. MAY

    Name: Peter W. May

    Title: Member

     

    TRIAN PARTNERS, L.P

     

    By: Trian Partners GP, L.P., its general partner

     

    By: Trian Partners General Partner, LLC, its general partner

     

    By: /s/ PETER W. MAY

    Name: Peter W. May

    Title: Member

     

    TRIAN PARTNERS MASTER FUND, L.P.

     

    By: Trian Partners GP, L.P., its general partner

     

    By: Trian Partners General Partner, LLC, its general partner

     

    By: /s/ PETER W. MAY

    Name: Peter W. May

    Title: Member

     

    TRIAN PARTNERS PARALLEL FUND I, L.P.

     

    By: Trian Partners Parallel Fund I General Partner, LLC, its general partner

     

    By: /s/ PETER W. MAY

    Name: Peter W. May

    Title: Member

     

     

     

     


     

    TRIAN FUND MANAGEMENT, L.P.

     

    By: Trian Fund Management GP, LLC, its general partner

     

    By: /s/ PETER W. MAY

    Name: Peter W. May

    Title: Member

     

    TRIAN FUND MANAGEMENT GP, LLC

     

    By: /s/ PETER W. MAY

    Name: Peter W. May

    Title: Member

     

    TRIAN PARTNERS STRATEGIC FUND-G II, L.P.

     

    By: Trian Partners Strategic Fund-G II GP, L.P., its general partner

     

    By: Trian Partners Strategic Fund-G II General Partner, LLC, its general partner

     

    By: /s/ PETER W. MAY

    Name: Peter W. May

    Title: Member

     

    TRIAN PARTNERS STRATEGIC FUND-G III, L.P.

     

    By: Trian Partners Strategic Fund-G III GP, L.P., its general partner

     

    By: Trian Partners Strategic Fund-G III General Partner, LLC, its general partner

     

    By: /s/ PETER W. MAY

    Name: Peter W. May

    Title: Member

     

    TRIAN PARTNERS STRATEGIC FUND-K, L.P.

     

    By: Trian Partners Strategic Fund-K GP, L.P., its general partner

     

    By: Trian Partners Strategic Fund-K General Partner, LLC, its general partner

     

    By: /s/ PETER W. MAY

    Name: Peter W. May

    Title: Member

     

    /s/ NELSON PELTZ

    Nelson Peltz

     

     


     

    /s/ PETER W. MAY

    Peter W. May

     

    /s/ MATTHEW H. PELTZ

    Matthew H. Peltz

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     


     

     

     

     

     

     

    EXHIBIT INDEX

    EXHIBIT

    DESCRIPTION

    PAGE NO.

    1

    Stock Purchase Agreement dated as of October 1, 1992 by and between the Purchaser, Posner, Posner Trust and Security Management.

    Filed with Original Statement

    2

    Exchange Agreement dated as of October 12, 1992 between the Company and Security Management.

    Filed with Original Statement

    3

    Agreement dated as of October 1, 1992 between the Company and the Purchaser.

    Filed with Original Statement

    4

    Agreement of Limited Partnership of the Purchaser dated as of September 25, 1992.

    Filed with Original Statement

    5

    Joint Filing Agreement of the Purchaser, Peltz and May.

    Filed with Amendment No. 14

    6

    Memorandum of Understanding, dated January 21, 1993, by and between the Purchaser and William A. Ehrman, individually and derivatively on behalf of SEPSCO.

    Filed with Amendment No. 2

    7

    Letter dated January 25, 1993 from Steven Posner to the Purchaser Filed with Amendment (including proposed terms and conditions of Consulting Agreement to be No. 2 entered into between the Company and Steven Posner).

    Filed with Amendment No. 2

    8

    Undertaking and Agreement, dated February 9, 1993, executed by the Purchaser.

    Filed with Amendment No. 3

    9

    Amendment No. 3 dated as of April 14, 1993 to Agreement of Limited Partnership of the Purchaser.

    Filed with Amendment No. 4

    10

    Citibank Loan Documents (Exhibits and Schedule omitted).

    Filed with Amendment No. 4

    11

    Republic Loan Documents (Exhibits and Schedules omitted).

    Filed with Amendment No. 4

    12

    Pledge and Security Agreement, dated as of April 5, 1993, between the Purchaser and Citibank.

    Filed with Amendment No. 5

    13

    Custodial Loan Documents.

    Filed with Amendment No. 5

    14

    Agreement, dated May 2, 1994 among Nelson Peltz, Peter W. May and Leon Kalvaria.

    Filed with Amendment No. 6

    15

    Amended and Restated Pledge and Security Agreement, dated as of July 25, 1994 between the Purchaser and Citibank.

    Filed with Amendment No. 6

    16

    Amendment No. 1 dated as of November 15, 1992 to Agreement of Limited Partnership of the Purchaser.

    Filed with Amendment No. 7

    17

    Amendment No. 2 dated as of March 1, 1993 to Agreement of Limited Partnership of the Purchaser.

    Filed with Amendment No. 7

    18

    Amendment No. 4 dated a January 1, 1995 to Agreement of Limited Partnership of the Purchaser.

    Filed with Amendment No. 7

    19

    Amendment No. 5 dated as of January 1, 1996 to Agreement of Limited Partnership of the Purchaser.

    Filed with Amendment No. 7

    20

    BOA Loan documents, as amended (Exhibits and Schedules omitted).

    Filed with Amendment No. 22

    21

    Letter, dated October 12, 1998, from Messrs. Nelson Peltz and Peter W. May to the Company.

    Filed with Amendment No. 8

    22

    Press release, issued by the Company, dated October 12, 1998.

    Filed with Amendment No. 8

    23

    Letter, dated October 12, 1998, from the Company to Messrs. Nelson Peltz and Peter W. May.

    Filed with Amendment No. 8

    24

    Press release issued by the Company, dated March 10, 1999.

    Filed with Amendment No. 9

    25

    Amended and Restated Agreement of Limited Partnership of the Purchaser, amended and restated as of November 11, 2002.

    Filed with Amendment No. 11

    26

    Pledge Agreement dated April 2, 2001, made by Peltz Family Limited Partnership, in favor of Bank of America, N.A.

    Filed with Amendment No. 13

    27

    Pledge and Security Agreement dated April 2, 2003, made by Peter W. May, in favor of Bank of America, N.A. (Schedule II omitted).

    Filed with Amendment No. 13

     


     

    28

    Voting Agreement, dated June 26, 2004, by and among Messrs. Nelson Peltz, Peter W. May and Gregory H. Sachs.

    Filed with Amendment No. 18

    29

    Voting Agreement dated July 23, 2004, between Messrs. Nelson Peltz and Peter W. May.

    Filed with Amendment No. 19

    30

    Pledge and Security Agreement dated July 23, 2004, made by Nelson Peltz, in favor of Bank of America, N.A., as amended (Schedule I omitted).

    Filed with Amendment No. 22

    31

    Amendment No. 1 to Pledge and Security Agreement dated July 23, 2004, made by Peter W. May, in favor of Bank of America, N.A.

    Filed with Amendment No. 19

    32

    Agreement and Plan of Merger, dated April 23, 2008, by and among Triarc, Wendy’s and Green Merger Sub.

    Incorporated by reference to Exhibit 2.1 to the Company’s current report on Form 8-K filed with the Securities and Exchange Commission on April 29, 2008.

    33

    Voting Agreement, dated as of April 23, 2008, by and among the Company, Nelson Peltz and Peter W. May.

    Incorporated by reference to Exhibit 99.1 to the Company’s current report on Form 8-K filed with the Securities and Exchange Commission on April 29, 2008.

    34

    Joint Filing Agreement of the Filing Persons.

    Filed with Amendment No. 25.

    35

    Amended and Restated Voting Agreement, dated as of August 14, 2008, by and among the Company, Nelson Peltz and Peter W. May.

    Incorporated by reference to Annex J to the Company's Prospectus filed pursuant to Rule 424(b)(3) with the Securities and Exchange Commission on August 20, 2008.

    36

    Joint Filing Agreement of the Filing Persons.

    Filed with Amendment 28.

    37

    Amendment No. 1 to Agreement, dated as of April 1, 2009, by and among the Company, Trian Onshore, Trian Master Fund, Parallel Fund I, Parallel Fund II, Trian Management, Trian Management GP, Nelson Peltz, Peter W. May and Edward P. Garden.

    Filed with Amendment 35.

    38

    Agreement dated November 5, 2008 by and between Wendy’s/Arby’s Group, Inc. and Trian Partners, L.P., Trian Partners Master Fund, L.P., Trian Partners Parallel Fund I, L.P., Trian Partners Parallel Fund II, L.P., Trian Fund Management, L.P., Nelson Peltz, Peter W. May and Edward P. Garden.

    Filed as Exhibit (d)(6) to the Combined Schedule TO and Amendment 30 to Schedule 13D.

    39

    Agreement dated December 1, 2011 by and between The Wendy’s Company and Trian Partners, L.P., Trian Partners Master Fund, L.P., Trian Partners Parallel Fund I, L.P., Trian Partners GP, L.P., Trian Partners Strategic Investment Fund, L.P., Trian Partners Strategic Investment Fund-A, L.P., Trian Fund Management, L.P., Nelson Peltz, Peter W. May and Edward P. Garden.

    Filed with Amendment 39.

    40

    Joint Filing Agreement of the Filing Persons.

    Filed with Amendment 40.

    41

    Partial Release and Fourteenth Omnibus Amendment, dated as of August 18, 2014, to the Amended Documents referred to therein by and among Peter W. May, Leni May and Bank of America, N.A.

    Filed with Amendment 43.

    42

    Partial Release and Eighth Omnibus Amendment, dated as of September 17, 2014, to the Amended Documents referred to therein by and among Nelson Peltz, Claudia Peltz and Bank of America, N.A.

    Filed with Amendment 43.

    43

    Stock Purchase Agreement dated June 2, 2015 between the Company and the persons listed on Schedule I thereto.

    Filed with Amendment 44.

    44

    Joint Filing Agreement of the Filing Persons.

    Filed with Amendment 50.

     


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      DUBLIN, Ohio, April 7, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) will release its first quarter 2025 results before the market opens on Friday, May 2. The Company will host a conference call that same day at 8:30 a.m. ET, with a simultaneous webcast accessible from the Company's Investor Relations website at www.irwendys.com. The related presentation materials will also be available on the Company's Investor Relations website. The live conference call will be available by telephone at (844) 200-6205 for domestic callers and (929) 526-1599 for international callers,

      4/7/25 4:30:00 PM ET
      $WEN
      Restaurants
      Consumer Discretionary
    • Wendy's Unveils Next Chapter of Growth and Announces Long-Term Financial Algorithm at 2025 Investor Day

      Shares plans to update core menu items and launch impactful innovation to meet consumer preferences and win in fast growing segments Details increased investments in technology and operations to enhance the customer experience Outlines expectations to add 1,000 net new restaurants globally by 2028Announces long-term financial algorithm of 3-4% annual net unit growth, 5-6% annual systemwide sales growth, and 7-8% annual adjusted EBITDA growthDUBLIN, Ohio, March 6, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) will host its 2025 Investor Day today at its Restaurant Support Center in Dublin, Ohio. The event will feature presentations from members of Wendy's senior leadership team, who w

      3/6/25 7:00:00 AM ET
      $WEN
      Restaurants
      Consumer Discretionary

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    • President, U.S. Pringle Abigail E. exercised 136,819 shares at a strike of $9.98 and sold $1,752,173 worth of shares (136,819 units at $12.81) (SEC Form 4)

      4 - Wendy's Co (0000030697) (Issuer)

      5/6/25 4:58:02 PM ET
      $WEN
      Restaurants
      Consumer Discretionary
    • Director Dolan Kristin A was granted 812 shares, increasing direct ownership by 2% to 42,641 units (SEC Form 4)

      4 - Wendy's Co (0000030697) (Issuer)

      4/4/25 4:38:25 PM ET
      $WEN
      Restaurants
      Consumer Discretionary
    • Director Peltz Matthew H. was granted 1,789 shares, increasing direct ownership by 2% to 115,814 units (SEC Form 4)

      4 - Wendy's Co (0000030697) (Issuer)

      4/4/25 4:31:55 PM ET
      $WEN
      Restaurants
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    • Wendy's upgraded by Analyst with a new price target

      Analyst upgraded Wendy's from Neutral to Overweight and set a new price target of $15.00

      5/5/25 8:28:13 AM ET
      $WEN
      Restaurants
      Consumer Discretionary
    • Analyst resumed coverage on Wendy's with a new price target

      Analyst resumed coverage of Wendy's with a rating of Neutral and set a new price target of $17.00 from $20.00 previously

      2/26/25 7:19:22 AM ET
      $WEN
      Restaurants
      Consumer Discretionary
    • Wendy's downgraded by Morgan Stanley with a new price target

      Morgan Stanley downgraded Wendy's from Equal-Weight to Underweight and set a new price target of $14.00 from $22.00 previously

      1/21/25 8:38:26 AM ET
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      Restaurants
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by Wendy's Company

      SC 13G/A - Wendy's Co (0000030697) (Subject)

      11/12/24 11:54:03 AM ET
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      Restaurants
      Consumer Discretionary
    • Amendment: SEC Form SC 13D/A filed by Wendy's Company

      SC 13D/A - Wendy's Co (0000030697) (Subject)

      9/6/24 5:13:04 PM ET
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      Restaurants
      Consumer Discretionary
    • Amendment: SEC Form SC 13D/A filed by Wendy's Company

      SC 13D/A - Wendy's Co (0000030697) (Subject)

      8/9/24 8:54:32 PM ET
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      Restaurants
      Consumer Discretionary
    • SEC Form DEFA14A filed by Wendy's Company

      DEFA14A - Wendy's Co (0000030697) (Filer)

      5/5/25 8:04:04 AM ET
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      Restaurants
      Consumer Discretionary
    • SEC Form 10-Q filed by Wendy's Company

      10-Q - Wendy's Co (0000030697) (Filer)

      5/2/25 7:12:50 AM ET
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      Restaurants
      Consumer Discretionary
    • Wendy's Company filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Wendy's Co (0000030697) (Filer)

      5/2/25 7:07:49 AM ET
      $WEN
      Restaurants
      Consumer Discretionary
    • THE WENDY'S COMPANY REPORTS FIRST QUARTER 2025 RESULTS

      Global systemwide sales were $3.4 billion, a decrease of 1.1%Added 68 net new restaurants and remain on track to deliver full-year net unit growth of 2-3%Increased global digital sales mix to a record 20.3%Returned $173.5 million to shareholders through dividends and share repurchasesUpdates full-year 2025 outlook to reflect the current consumer environmentDUBLIN, Ohio, May 2, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today reported unaudited results for the first quarter ended March 30, 2025. "We continued to deliver for our customers during the first quarter. In

      5/2/25 7:00:00 AM ET
      $WEN
      Restaurants
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    • Fresh Ways to Frosty: Wendy's Reimagines Famous Dessert with April Launch of Frosty Swirls and May Launch of Frosty Fusions

      Wendy's is offering even more ways to love Frosty with new sauces and mix-ins, including OREO cookie pieces and Pop-Tarts Crunchy Poppers pieces DUBLIN, Ohio, April 10, 2025 /PRNewswire/ -- Wendy's® is reimagining the famous Frosty® with new ways to experience the beloved frozen treat! Fans can enjoy a fresh take on Frosty with the introduction of Frosty Swirls™, which feature new sauces, and Frosty Fusions™, which include sauces and various sweet treat mix-ins such as Pop-Tarts® and OREO® cookies. Fans can try out the fresh taste of Frosty Swirls by ordering exclusively in the Wendy's app beginning April 11*. Frosty Swirls will be available nationwide April 15 and Frosty Fusions will follow

      4/10/25 8:07:00 AM ET
      $K
      $WEN
      Packaged Foods
      Consumer Staples
      Restaurants
      Consumer Discretionary
    • The Wendy's Company to Report First Quarter 2025 Results on May 2

      DUBLIN, Ohio, April 7, 2025 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) will release its first quarter 2025 results before the market opens on Friday, May 2. The Company will host a conference call that same day at 8:30 a.m. ET, with a simultaneous webcast accessible from the Company's Investor Relations website at www.irwendys.com. The related presentation materials will also be available on the Company's Investor Relations website. The live conference call will be available by telephone at (844) 200-6205 for domestic callers and (929) 526-1599 for international callers,

      4/7/25 4:30:00 PM ET
      $WEN
      Restaurants
      Consumer Discretionary

    $WEN
    Leadership Updates

    Live Leadership Updates

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    • Wendy's New Thin Mints Frosty is the Perfect Pairing for Girl Scout Cookie Season Beginning Feb. 21

      Thousands of Wendy's restaurants will host local Girl Scout troops selling cookies as a national boothing partner DUBLIN, Ohio, Feb. 20, 2025 /PRNewswire/ -- Wendy's® is taking its iconic Frosty® to the next level with a new Thin Mints™-inspired treat that's equal parts cool and creamy, mint and chocolate. Wendy's, as a licensed partner of Girl Scouts of the USA (GSUSA), is serving up the limited-time Thin Mints Frosty in Wendy's restaurants nationwide beginning Feb. 21*. The newest sweet treat will be available just in time to celebrate National Girl Scout Cookie Weekend, when Girl Scout Cookies® are widely available across the country.

      2/20/25 8:00:00 AM ET
      $WEN
      Restaurants
      Consumer Discretionary
    • THE WENDY'S COMPANY NAMES KEN COOK CHIEF FINANCIAL OFFICER

      Cook to Succeed Gunther Plosch Effective December 2 DUBLIN, Ohio, Nov. 18, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) today announced the appointment of Ken Cook as Chief Financial Officer, effective December 2, 2024. He will report to President and Chief Executive Officer Kirk Tanner and serve on the Wendy's Senior Leadership Team. Cook will succeed Gunther Plosch who has served as Chief Financial Officer since 2016 and will depart the Company at the end of the year after a transition with Cook. Cook most recently served as Head of Financial Planning and Analysis a

      11/18/24 4:30:00 PM ET
      $WEN
      Restaurants
      Consumer Discretionary
    • The Wendy's Company Announces Executive Leadership Appointments

      John Min Appointed Chief Legal Officer and Secretary Mary Greenlee Named Senior Vice President, U.S. Operations DUBLIN, Ohio, Sept. 16, 2024 /PRNewswire/ -- The Wendy's Company (NASDAQ:WEN) ("Wendy's" or the "Company") announced today the appointment of John Min as the Company's Chief Legal Officer and Secretary and Mary Greenlee as Senior Vice President, U.S. Operations, effective today. These appointments represent the continued evolution of the Company's leadership structure to drive accountability and accelerate growth. Min will report to President and Chief Executive Officer, Kirk Tanner, and Greenlee will report to President, U.S., Abigail Pringle. Min succeeds E.J. Wunsch, who was app

      9/16/24 7:30:00 AM ET
      $WEN
      Restaurants
      Consumer Discretionary