secwatch.observer — SEC 8-K summary
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Issuer:     Wendy's Co (WEN)
CIK:        0000030697
Form:       8-K/A
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001193125-25-169321
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Wendy's sets interim CEO Ken Cook's salary at $825k, $2M equity award
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- Annual base salary of $825,000 for interim CEO role.
- Target bonus at 100% of salary; range 0-200% based on performance metrics.
- One-time equity award of $2M grant-date value; 75% RSUs, 25% stock options.
- Equity vests in two equal installments over two years, subject to continued employment.
- Compensation approved by Compensation Committee on July 24, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30697/000119312525169321/0001193125-25-169321-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30697/000119312525169321/d829763d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-169321

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer