Welcome to our dedicated page for Wendys Co SEC filings (Ticker: WEN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Wendy's Company (Nasdaq: WEN) files a range of documents with the U.S. Securities and Exchange Commission that provide detailed insight into its restaurant system, financing structure, governance and strategic priorities. These SEC filings include periodic reports and numerous Form 8‑K current reports that disclose material events affecting the company and its capital structure.
Recent 8‑K filings describe Wendy's use of a securitized financing facility through an indirect wholly owned subsidiary, Wendy's Funding, LLC. In these filings, the company outlines the issuance of Series 2025‑1 5.422% Fixed Rate Senior Secured Notes, Class A‑2, backed by most of its domestic and certain foreign revenue-generating assets, including franchise-related agreements, real estate and intellectual property. The filings explain how proceeds are used to refinance existing notes and debentures, pay transaction costs and support general corporate purposes such as growth initiatives, returns of capital and additional debt repayment.
Other 8‑K reports cover quarterly financial results, including systemwide sales, same-restaurant sales, restaurant openings, adjusted revenues, adjusted EBITDA, earnings per share, free cash flow, dividends and share repurchases. Governance-related filings disclose amendments to the company’s by-laws, leadership transitions, board changes and executive compensation arrangements, providing context on how Wendy's manages oversight and succession.
On this page, Stock Titan surfaces Wendy's SEC filings in real time as they are posted to EDGAR and applies AI-powered summaries to help readers interpret complex documents. For example, AI-generated highlights can clarify key terms in securitization indentures, summarize the impact of by-law amendments, or extract headline metrics from earnings-related 8‑K exhibits. Users can also review filings that relate to capital allocation policies, franchise system economics, and risk factors referenced in forward-looking statement sections.
Together, these filings form the primary regulatory record for The Wendy's Company, offering investors and analysts a structured view of the company’s financial condition, capital structure, governance framework and strategic initiatives.
The Wendy’s Company reported softer results for the first quarter of 2026. Revenue rose to $540.6 million from $523.5 million, helped by acquired franchise restaurants, higher franchise fees and more advertising revenue. However, global same-restaurant sales fell 6.8%, with U.S. same-restaurant sales down 7.8%, as traffic declined despite higher average check.
Operating profit dropped to $64.9 million from $83.1 million, and income before income taxes fell 37.8% to $34.2 million. Net income declined to $22.7 million, or $0.12 per diluted share, compared with $39.2 million, or $0.19 per share, a year earlier. Company-operated restaurant margin contracted to 10.8%, mainly from higher labor and commodity costs and lower traffic.
Global systemwide sales were $3.22 billion, down 5.5% on a constant currency basis, while international systemwide sales grew 6.0% on the same basis. Digital sales increased to about 23.6% of global systemwide sales, and the system ended the quarter with 7,251 restaurants, a net decrease of 146 units.
The Wendy’s Company reported mixed first quarter 2026 results. Total revenues rose to $540.6 million, up 3.3%, but profitability weakened. Operating profit fell to $64.9 million, net income dropped to $22.7 million and diluted earnings per share declined to $0.12, with adjusted EBITDA down to $111.3 million.
Global systemwide sales slipped as U.S. same-restaurant sales fell 7.8% and U.S. systemwide sales declined 7.3%, partly offset by international systemwide sales growth of 6.0%. Free cash flow decreased to $36.5 million from $68.0 million.
Management highlighted early-stage turnaround efforts, including a new Biggie platform, upgraded premium hamburgers and new chicken sandwiches, along with operational initiatives aimed at improving order accuracy and customer satisfaction. International expansion remains a key growth driver; the company announced a new franchise agreement to develop up to 1,000 restaurants across China over the next 10 years.
For 2026, Wendy’s continues to expect global systemwide sales to be approximately flat, adjusted EBITDA of $460–$480 million, adjusted earnings per share of $0.56–$0.60 and free cash flow of $190–$205 million. The company declared a quarterly dividend of $0.14 per share, payable on June 15, 2026, and ended with approximately $35.0 million remaining under its share repurchase authorization.
BlackRock, Inc. filed Amendment No. 5 to Schedule 13G/A reporting beneficial ownership of 19,753,790 shares of Wendy's Co. common stock, equal to 10.4% of the class. The filing lists sole voting power of 19,332,195 shares and sole dispositive power of 19,753,790. The schedule includes a standard Item 6 disclosure about multiple beneficial owners and is signed by Spencer Fleming on 04/24/2026.
MAY PETER W reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co director and large shareholder Peter W. May received 4,166 shares of common stock as an equity award. The shares were issued under the company’s 2020 Omnibus Award Plan instead of paying his quarterly Board and committee retainers in cash, using a price based on a 20‑day average.
After this grant, Mr. May directly holds 5,542,047 Wendy’s shares. The filing also shows 14,943,466 additional shares held indirectly through Trian Partners entities, where he may be deemed to share investment and voting power, subject to stated beneficial ownership disclaimers.
Peltz Bradley G. reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co director Bradley G. Peltz received 3,448 shares of common stock as a fee-related award. The shares were granted on April 3, 2026 under the 2020 Omnibus Award Plan in lieu of his cash board and committee retainers at an award price of $7.14 per share. Following the grant, he directly holds 24,460 shares, in addition to 132,397 shares held indirectly by the Peltz 2009 Family Trust.
Dolan Kristin A reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co director Kristin A. Dolan received a grant of 1,047 shares of common stock on April 3, 2026. The shares were issued under the 2020 Omnibus Award Plan in lieu of a portion of her quarterly board and committee retainer fees, at a price of $7.14 per share based on a 20-day average. Following this award, she directly holds 47,755 common shares.
The Wendy’s Company is asking stockholders to vote on key governance and compensation items at its fully virtual 2026 Annual Meeting. The meeting will be held by live webcast on May 20, 2026 at 11:00 a.m. Eastern Time, with a March 23, 2026 record date.
Stockholders will vote on electing 8 directors, amending the 2020 Omnibus Award Plan to increase available shares, ratifying Deloitte & Touche LLP as 2026 auditor, approving an advisory say-on-pay resolution and a stockholder proposal to restrict blank-check preferred stock, which the Board recommends voting against.
The proxy describes strong board governance practices, a pay-for-performance executive compensation program emphasizing variable incentives, a U.S. turnaround plan called Project Fresh, and notes CEO succession efforts after the 2025 leadership change, with Interim CEO and CFO Ken Cook currently leading the Company.
The Wendy's Co filing amends a prior Schedule 13G/A to report that The Vanguard Group beneficially owns 0 shares of Common Stock, representing 0% of the class after an internal realignment. The amendment states certain Vanguard subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538. The filing is signed by Ashley Grim, Head of Global Fund Administration.
Esposito Liliana reported acquisition or exercise transactions in this Form 4 filing.
Wendy's Co reported that officer Liliana Esposito received several awards of restricted stock units on March 16, 2026, totaling 1,582 restricted stock units, each representing one share of Wendy's common stock. After these grants, she directly holds 81,168 restricted stock units.
The awards are compensation-related grants, not open-market purchases or sales. According to the disclosure, the units vest in scheduled installments between August 2026 and August 2028, and each vesting is contingent on Ms. Esposito’s continued employment with the company on the applicable vesting dates.