{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-007602","form_type":"8-K","ticker":"WEN","cik":"0000030697","company_name":"Wendy's Co","filed_at":"2023-01-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.578949+00:00","generated_at":"2026-06-20T15:39:09.694494+00:00","sec_items":["2.02","9.01","5.02"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"medium","headline":"Wendy's raises dividend 100% to $0.25, approves $500M buyback; CFO US resigns, CAO named","bullets":["Q4/FY2022 prelim results: global same-restaurant sales double-digit two-year stack; margins expanded ~300bps in Q4 vs Q1; 275+ new restaurants opened.","Quarterly dividend increased 100% to $0.25/share; new $500M share repurchase authorization approved by Board.","Leigh Burnside, SVP/CAO/CFO US, resigns to become CFO elsewhere; Suzanne Thuerk named Chief Accounting Officer effective Jan 20, 2023.","Kurt Kane, President US and Chief Commercial Officer, leaves as role eliminated; eligible for severance per prior proxy statement.","Chairman Nelson Peltz expresses confidence in Company's growth plans and capital allocation strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-007602","json":"https://secwatch.observer/filing/0001193125-23-007602.json","markdown":"https://secwatch.observer/filing/0001193125-23-007602.md","text":"https://secwatch.observer/filing/0001193125-23-007602.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/30697/000119312523007602/0001193125-23-007602-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/30697/000119312523007602/d416500d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T15:39:09.694494+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"17f5fa466d501121a67e0acc1b072a6d4fa5827b","claim":"Wendy's Co reported preliminary financial results for fourth quarter and fiscal year ended January 1, 2023.","evidence_excerpt":"On January 13, 2023, The Wendy’s Company (the “Company”) issued a press release reporting its preliminary, unaudited results for the fourth quarter and full year of 2022 and providing an update on its capital allocation plans and other information.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/30697/000119312523007602/0001193125-23-007602-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and fiscal year ended January 1, 2023"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"e4ba1eda1e","claim":"Leigh A. Burnside resigned as Senior Vice President, Chief Accounting Officer and Chief Financial Officer U.S. at Wendy's Co.","evidence_excerpt":"On January 9, 2023, Leigh A. Burnside, the Company’s Senior Vice President, Chief Accounting Officer and Chief Financial Officer U.S., provided notice to the Company of her intention to resign from the Company to become the chief financial officer at another restaurant company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/30697/000119312523007602/0001193125-23-007602-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Senior Vice President, Chief Accounting Officer and Chief Financial Officer U.S."}],"fact_type":"executive_change"},{"claim_id":"efd6607bc9","claim":"Suzanne M. Thuerk was appointed as Chief Accounting Officer at Wendy's Co.","evidence_excerpt":"Suzanne M. Thuerk, currently Vice President – Accounting, has been appointed as the Company’s Chief Accounting Officer effective January 20, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/30697/000119312523007602/0001193125-23-007602-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Accounting Officer"}],"fact_type":"executive_change"},{"claim_id":"f3de5f41e4","claim":"Kurt A. Kane departed as President, U.S. and Chief Commercial Officer at Wendy's Co.","evidence_excerpt":"the Company determined that the role of President, U.S. and Chief Commercial Officer was being eliminated and, as a result, Kurt A. Kane will depart the organization.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/30697/000119312523007602/0001193125-23-007602-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"depart"},{"label":"Role","value":"President, U.S. and Chief Commercial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}