Wendy's Files DEF 14A: Executive Pay & Governance Details
Ticker: WEN · Form: DEF 14A · Filed: Apr 3, 2025 · CIK: 30697
Sentiment: neutral
Topics: executive-compensation, corporate-governance, proxy-statement
TL;DR
Wendy's DEF 14A out: exec pay details for 2024, incl. Penegor & Tanner. Standard governance update.
AI Summary
Wendy's Co. filed a DEF 14A on April 3, 2025, detailing executive compensation and corporate governance for the fiscal year ending December 28, 2024. The filing includes information on compensation for key executives such as Todd Penegor and Kirk Tanner, and details equity awards granted in prior years. This is a routine filing to provide shareholders with information regarding company operations and executive pay.
Why It Matters
This filing provides shareholders with crucial information about how Wendy's compensates its top executives and outlines the company's governance practices, impacting investor confidence and alignment between management and shareholders.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) that provides standard disclosures on executive compensation and corporate governance, with no immediate material events indicated.
Key Numbers
- 2024-12-28 — Fiscal Year End (The period covered by the compensation disclosures.)
- 20250403 — Filing Date (Date the DEF 14A was submitted to the SEC.)
Key Players & Entities
- Wendy's Co. (company) — Filer of the DEF 14A
- Todd Penegor (person) — Executive mentioned in compensation details
- Kirk Tanner (person) — Executive mentioned in compensation details
- 380471180 (dollar_amount) — EIN for Wendy's Co.
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, like the one submitted by Wendy's Co., is used to solicit shareholder proxies for annual or special meetings and provides detailed information on executive compensation, board of directors, and corporate governance matters.
Who are the key executives whose compensation is detailed in this filing?
The filing mentions executives such as Todd Penegor and Kirk Tanner, with details on their compensation and equity awards for the fiscal year ending December 28, 2024.
What fiscal year does this DEF 14A filing primarily cover?
This DEF 14A filing primarily covers the fiscal year ending December 28, 2024.
What is Wendy's Co.'s Standard Industrial Classification (SIC) code?
Wendy's Co.'s Standard Industrial Classification (SIC) code is 5810, which corresponds to RETAIL-EATING & DRINKING PLACES.
When was Wendy's Co. previously known as Triarc Companies Inc.?
Wendy's Co. was formerly known as Triarc Companies Inc. until a date of name change in 19931109.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 3, 2025 by Todd Penegor regarding Wendy's Co (WEN).