The Wendy’s Co
Ownership
Ownership Structure
Who owns The Wendy’s Co (WEN)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 82.4% of the shares are freely tradable; institutional investors hold 94.4%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Trian Fund Management LP | 15.98 | 30,468,434 | +0.1 | 06/30/2026 |
| BlackRock Inc | 11.40 | 21,738,649 | -12.7 | 03/31/2026 |
| Vanguard Portfolio Management, LLC | 4.86 | 9,261,801 | +0.0 | 03/31/2026 |
| Fairfax Financial Holdings Ltd | 4.20 | 8,005,627 | +144.9 | 06/30/2026 |
| Morgan Stanley - Brokerage Accounts | 3.98 | 7,591,054 | +15.9 | 03/31/2026 |
| Wells Fargo & Co | 3.63 | 6,912,786 | +63.6 | 03/31/2026 |
| Vanguard Capital Management, LLC | 3.58 | 6,823,437 | +0.0 | 03/31/2026 |
| Charles Schwab Investment Management Inc | 3.41 | 6,497,923 | -8.4 | 03/31/2026 |
| Harris Associates L.P. | 2.93 | 5,587,137 | -5.8 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 5.05 | 9,625,503 | +0.0 | 08/31/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Wunsch E.J. | President, International | 131,764 | 922,348 $ | Aug 12, 2026 | direct |
| Esposito Liliana | Chf Corp Affrs & Sustnblty Ofc | 122,257 | 855,799 $ | Aug 12, 2026 | direct |
| Radkoski Lindsay J. | CMO, U.S. | 63,168 | 442,176 $ | Aug 15, 2026 | direct |
| Min John | Chief Legal Ofcr & Secretary | 39,060 | 273,419 $ | Aug 12, 2026 | direct |
| Spessard Matthew P | Chief Information Officer | 31,505 | 220,535 $ | Aug 12, 2026 | direct |
| Kale Aaron M. | Chief Accounting Officer | 14,438 | 101,066 $ | Aug 12, 2026 | direct |
| Suerken Peter J. JR | President, U.S. | 6,869 | 48,081 $ | Aug 12, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 15, 2026 | Radkoski Lindsay J. | CMO, U.S. | Other | 806 | 8.64 | 6,964 |
| Aug 15, 2026 | Radkoski Lindsay J. | CMO, U.S. | Other | 2,767 | 0.00 | – |
| Aug 12, 2026 | Esposito Liliana | Chf Corp Affrs & Sustnblty Ofc | Other | 1,151 | 8.66 | 9,968 |
| Aug 12, 2026 | Esposito Liliana | Chf Corp Affrs & Sustnblty Ofc | Other | 4,246 | 0.00 | – |
| Aug 12, 2026 | Esposito Liliana | Chf Corp Affrs & Sustnblty Ofc | Other | 8,634 | 8.66 | 74,770 |
| Aug 12, 2026 | Esposito Liliana | Chf Corp Affrs & Sustnblty Ofc | Other | 31,858 | 0.00 | – |
| Aug 12, 2026 | Kale Aaron M. | Chief Accounting Officer | Other | 599 | 8.66 | 5,187 |
| Aug 12, 2026 | Kale Aaron M. | Chief Accounting Officer | Other | 2,209 | 0.00 | – |
| Aug 12, 2026 | Radkoski Lindsay J. | CMO, U.S. | Other | 1,007 | 8.66 | 8,721 |
| Aug 12, 2026 | Radkoski Lindsay J. | CMO, U.S. | Other | 3,713 | 0.00 | – |
| Aug 12, 2026 | Radkoski Lindsay J. | CMO, U.S. | Other | 7,555 | 8.66 | 65,426 |
| Aug 12, 2026 | Radkoski Lindsay J. | CMO, U.S. | Other | 27,878 | 0.00 | – |
| Aug 12, 2026 | Spessard Matthew P | Chief Information Officer | Other | 881 | 8.66 | 7,629 |
| Aug 12, 2026 | Spessard Matthew P | Chief Information Officer | Other | 3,051 | 0.00 | – |
| Aug 12, 2026 | Spessard Matthew P | Chief Information Officer | Other | 6,606 | 8.66 | 57,208 |
| Aug 12, 2026 | Spessard Matthew P | Chief Information Officer | Other | 22,896 | 0.00 | – |
| Aug 12, 2026 | Wunsch E.J. | President, International | Other | 2,421 | 8.66 | 20,966 |
| Aug 12, 2026 | Wunsch E.J. | President, International | Other | 8,070 | 0.00 | – |
| Aug 12, 2026 | Wunsch E.J. | President, International | Other | 16,405 | 8.66 | 142,067 |
| Aug 12, 2026 | Wunsch E.J. | President, International | Other | 60,533 | 0.00 | – |
| Aug 12, 2026 | Min John | Chief Legal Ofcr & Secretary | Other | 1,678 | 8.66 | 14,531 |
| Aug 12, 2026 | Min John | Chief Legal Ofcr & Secretary | Other | 5,918 | 0.00 | – |
| Aug 12, 2026 | Min John | Chief Legal Ofcr & Secretary | Other | 12,589 | 8.66 | 109,021 |
| Aug 12, 2026 | Min John | Chief Legal Ofcr & Secretary | Other | 44,404 | 0.00 | – |
| Aug 12, 2026 | Suerken Peter J. JR | President, U.S. | Other | 2,318 | 8.66 | 20,074 |
| Aug 12, 2026 | Suerken Peter J. JR | President, U.S. | Other | 7,963 | 0.00 | – |
| Aug 11, 2026 | Wunsch E.J. | President, International | Other | 871 | 7.55 | 6,576 |
| Aug 11, 2026 | Wunsch E.J. | President, International | Other | 3,070 | 0.00 | – |
| Aug 11, 2026 | Radkoski Lindsay J. | CMO, U.S. | Other | 185 | 7.55 | 1,397 |
| Aug 11, 2026 | Radkoski Lindsay J. | CMO, U.S. | Other | 633 | 0.00 | – |
| Aug 11, 2026 | Esposito Liliana | Chf Corp Affrs & Sustnblty Ofc | Other | 499 | 7.55 | 3,767 |
| Aug 11, 2026 | Esposito Liliana | Chf Corp Affrs & Sustnblty Ofc | Other | 1,748 | 0.00 | – |
| Aug 11, 2026 | Spessard Matthew P | Chief Information Officer | Other | 183 | 7.55 | 1,382 |
| Aug 11, 2026 | Spessard Matthew P | Chief Information Officer | Other | 633 | 0.00 | – |
| Aug 11, 2026 | Kale Aaron M. | Chief Accounting Officer | Other | 499 | 7.55 | 3,767 |
| Aug 11, 2026 | Kale Aaron M. | Chief Accounting Officer | Other | 1,748 | 0.00 | – |
| Aug 5, 2026 | Esposito Liliana | Chf Corp Affrs & Sustnblty Ofc | Other | 654 | 7.99 | 5,225 |
| Aug 5, 2026 | Esposito Liliana | Chf Corp Affrs & Sustnblty Ofc | Other | 2,294 | 0.00 | – |
| Aug 5, 2026 | Kale Aaron M. | Chief Accounting Officer | Other | 404 | 7.99 | 3,228 |
| Aug 5, 2026 | Kale Aaron M. | Chief Accounting Officer | Other | 1,415 | 0.00 | – |
| Aug 5, 2026 | Radkoski Lindsay J. | CMO, U.S. | Other | 322 | 7.99 | 2,573 |
| Aug 5, 2026 | Radkoski Lindsay J. | CMO, U.S. | Other | 1,104 | 0.00 | – |
| Aug 5, 2026 | Spessard Matthew P | Chief Information Officer | Other | 344 | 7.99 | 2,749 |
| Aug 5, 2026 | Spessard Matthew P | Chief Information Officer | Other | 1,191 | 0.00 | – |
| Aug 5, 2026 | Wunsch E.J. | President, International | Other | 1,568 | 7.99 | 12,528 |
| Aug 5, 2026 | Wunsch E.J. | President, International | Other | 5,529 | 0.00 | – |
| Mar 27, 2026 | Wunsch E.J. | President, International | Other | 2,801 | 0.00 | – |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.