Filing Details
- Accession Number:
- 0000950170-24-095001
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-08-09 20:50:22
- Reporting Period:
- 2024-08-08
- Accepted Time:
- 2024-08-09 20:50:22
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 30697 | Wendy's Co | WEN | Retail-Eating & Drinking Places (5810) | 380471180 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1345471 | Trian Fund Management, L.p. | 280 Park Avenue 41St Floor New York NY 10017 | No | No | No | No | |
| 1661127 | H. Matthew Peltz | 223 Sunset Avenue Palm Beach FL 33480 | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2024-08-08 | 1,000,000 | $17.18 | 14,943,466 | No | 4 | S | Indirect | By Trian Partners |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By Trian Partners |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 110,765 | Direct | |
| Common Stock | 132,397 | Indirect | By Peltz 2009 Family Trust |
Footnotes
- Trian Fund Management, L.P. ("Trian Management") serves as the management company for Trian Partners, L.P., Trian Partners Master Fund, L.P., Trian Partners Parallel Fund I, L.P., Trian Partners Strategic Fund-G II L.P., and Trian Partners Strategic Fund-K, L.P. (collectively, the "Trian Funds"), and as such determines the investment and voting decisions of the Trian Funds with respect to the shares of the Issuer held by them. Mr. Peltz is the Co-Chief Investment Officer and a partner of Trian Management, and a limited partner or member of certain affiliates of the Trian Funds, and as such has an indirect interest in the shares of the Issuer held by the Trian Funds.
- (FN 1, contd.) Mr. Peltz is also a limited partner in Trian Partners GP, L.P. ("Trian GP") and a member of Trian Partners General Partner, LLC, the general partner of Trian GP, and as such has an indirect interest in the shares of the Issuer held by Trian GP. The reporting persons disclaim beneficial ownership of the shares held by Trian Management and Trian GP (collectively,"Trian Partners") except to the extent of their pecuniary interest therein and this report shall not be deemed an admission that the reporting persons are the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- Mr. Peltz disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting personis the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- All such shares are owned by the Peltz 2009 Family Trust. Mr. Peltz is a trustee of the trust.
Billionaire Hedge Funds
