<SEC-DOCUMENT>0000030697-25-000033.txt : 20250918
<SEC-HEADER>0000030697-25-000033.hdr.sgml : 20250918
<ACCEPTANCE-DATETIME>20250918171341
ACCESSION NUMBER:		0000030697-25-000033
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250916
FILED AS OF DATE:		20250918
DATE AS OF CHANGE:		20250918

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Esposito Liliana
		CENTRAL INDEX KEY:			0001609772
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-02207
		FILM NUMBER:		251324348

	MAIL ADDRESS:	
		STREET 1:		ONE DAVE THOMAS BLVD.
		CITY:			DUBLIN
		STATE:			OH
		ZIP:			43017

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Wendy's Co
		CENTRAL INDEX KEY:			0000030697
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING & DRINKING PLACES [5810]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				380471180
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1228

	BUSINESS ADDRESS:	
		STREET 1:		ONE DAVE THOMAS BLVD
		CITY:			DUBLIN
		STATE:			OH
		ZIP:			43017
		BUSINESS PHONE:		(614) 764-3100

	MAIL ADDRESS:	
		STREET 1:		ONE DAVE THOMAS BLVD
		CITY:			DUBLIN
		STATE:			OH
		ZIP:			43017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WENDY'S/ARBY'S GROUP, INC.
		DATE OF NAME CHANGE:	20080926

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TRIARC COMPANIES INC
		DATE OF NAME CHANGE:	19931109

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DWG CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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    <periodOfReport>2025-09-16</periodOfReport>

    <issuer>
        <issuerCik>0000030697</issuerCik>
        <issuerName>Wendy's Co</issuerName>
        <issuerTradingSymbol>WEN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001609772</rptOwnerCik>
            <rptOwnerName>Esposito Liliana</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O THE WENDY'S COMPANY</rptOwnerStreet1>
            <rptOwnerStreet2>ONE DAVE THOMAS BOULEVARD</rptOwnerStreet2>
            <rptOwnerCity>DUBLIN</rptOwnerCity>
            <rptOwnerState>OH</rptOwnerState>
            <rptOwnerZipCode>43017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>Chf Corp Affrs &amp; Sustnblty Ofc</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

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                    <footnoteId id="F3"/>
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    <footnotes>
        <footnote id="F1">With tandem dividend equivalent rights and tax withholding rights.</footnote>
        <footnote id="F2">Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.</footnote>
        <footnote id="F3">Represents dividend equivalent units issued on September 16, 2025.</footnote>
        <footnote id="F4">The restricted stock units will vest in one remaining installment on August 11, 2026, subject to Ms. Esposito's continued employment with the Company on the vesting date.</footnote>
        <footnote id="F5">The restricted stock units will vest in two remaining equal installments on August 5, 2026 and 2027, subject to Ms. Esposito's continued employment with the Company on the applicable vesting date.</footnote>
        <footnote id="F6">The restricted stock units will vest in three equal installments on August 12, 2026, 2027 and 2028, subject to Ms. Esposito's continued employment with the Company on the applicable vesting date.</footnote>
        <footnote id="F7">The restricted stock units will vest in two equal installments on August 12, 2026 and 2027, subject to Ms. Esposito's continued employment with the Company on the applicable vesting date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Mark L. Johnson, Attorney-in-Fact</signatureName>
        <signatureDate>2025-09-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
