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Get filing alertsWendy's grants $500K RSU award to International President following CEO transition
Filed July 28, 2026 · Period ending July 22, 2026 · ~1 min read
Key Changes
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Compensation Committee approved one-time $500,000 restricted stock unit award to E.J. Wunsch, President International, to maintain continuity after Robert Wright's appointment as CEO and recognize International business performance.
Item 5.02 verify on EDGAR → -
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Award vests in two equal installments on first and second anniversaries of August 11, 2026 grant date, subject to continued employment.
Item 5.02 verify on EDGAR →
Summary
Wendy's disclosed a one-time $500,000 restricted stock unit award to E.J. Wunsch, President of International operations, following the recent appointment of Robert Wright as CEO. The Compensation Committee explicitly tied the award to maintaining leadership continuity during the transition and recognizing the performance and growth of the International business segment.
The award vests in two equal installments over two years, contingent on Wunsch remaining with the company. For retail holders, this is a routine retention mechanism during executive transition. The modest size relative to typical executive compensation and the explicit performance rationale suggest standard succession planning rather than a material shift in compensation philosophy or International strategy.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
Following the appointment of Robert D. Wright as the President and Chief Executive Officer of The Wendy’s Company (the “Company”), in order to maintain continuity and recognize the performance and growth of the Company’s International business, on July 22, 2026, the Compensation and Human Capital Committee of the Board of Directors of the Company approved a one-time restricted stock unit award with a grant date fair value of $500,000 to E.J. Wunsch, President, International, under the Company’s 2020 Omnibus Award Plan. The award will be granted effective August 11, 2026. The award will vest in substantially equal installments on each of the first two anniversaries of the date of grant, subject to Mr. Wunsch’s continued employment on the applicable vesting dates.
The Compensation Committee approved a one-time restricted stock unit award valued at $500,000 for E.J. Wunsch, President of International operations. The award is explicitly tied to maintaining continuity following the recent CEO transition to Robert D. Wright and recognizing International business performance. The RSUs vest in two equal installments over two years, contingent on continued employment.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 29, 2026 · How we verify