Tariq Hassan, Chief Marketing Officer and Customer Growth Officer of The Wendy's Company, filed a Form 4 on August 26, 2026, disclosing the acquisition of employee stock options and restricted stock units dated August 24, 2026, on NASDAQ:WEN.

Key Highlights

  • Options granted: Hassan acquired two tranches of Employee Stock Options (Right to Buy), each for 324,833 shares at an exercise price of $8.84, with an expiration date of August 24, 2036.
  • RSUs granted: Hassan acquired two tranches of Restricted Stock Units, each for 84,841 units, at a price of $0, each representing a contingent right to receive one share of common stock.
  • Total options owned: Following the reported transactions, Hassan beneficially owns 649,666 Employee Stock Options directly.
  • Total RSUs owned: Following the reported transactions, Hassan beneficially owns 169,682 Restricted Stock Units directly.
  • Vesting schedule: Both the options and RSUs vest in three equal installments on August 24, 2027, 2028, and 2029, subject to continued employment.
  • Transaction price: Both the options and the RSUs were acquired at a reported price of $0.

Hassan's Equity Awards at The Wendy's Company: Options and RSUs Disclosed

According to the filing, Tariq Hassan, serving as CMO and Customer Growth Officer of The Wendy's Company, received equity awards on August 24, 2026. The transactions are reported in Table II covering derivative securities. Hassan acquired Employee Stock Options with a conversion or exercise price of $8.84 per share, expiring August 24, 2036, with tandem net exercise and tax withholding rights, as noted in the filing's explanation of responses.

The filing discloses that the options vest in three equal installments on August 24, 2027, 2028, and 2029, "subject to Mr. Hassan's continued employment with the Company on the applicable vesting date." The same vesting schedule and employment condition apply to the Restricted Stock Units. The filing notes that each restricted stock unit "represents a contingent right to receive one share of the Company's common stock," and the RSUs carry tandem dividend equivalent rights and tax withholding rights.

Following all reported transactions, the filing shows Hassan directly owns 649,666 Employee Stock Options and 169,682 Restricted Stock Units. All holdings are listed as direct ownership. The form was signed by Mark L. Johnson as Attorney-in-Fact on August 26, 2026, and was filed as a single reporting person disclosure.

What Was Disclosed

The filing reports that Wendy's CMO Tariq Hassan acquired employee stock options covering 649,666 shares at $8.84 each and 169,682 restricted stock units at $0, all granted on August 24, 2026, with three-year vesting schedules contingent on continued employment.