No insider purchase over the last 90 days. The latest was filed 21 Nov 2025.
This page follows insider dealings at Wendy's Co as filed with SEC (Form 4), a company from the Retail & Commerce sector based in Dublin, United States. The group dates from 1969. 13 insiders have disclosed 66 filings since 18 October 2025.
Every open-market trade in the period is a purchase: 2 purchases worth €15k, from 2 insiders, and not a single sale. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Among those who bought: 1 senior executive and 1 chief executive. Min John filed the largest purchase, €12k, on 21 November 2025.
With 66 filings in twelve months, the company is more active than the median of 22 filings across the 5,458 companies we follow on the same exchange. Looking back to 2016, when coverage begins, insiders filed 6 purchases and 16 sales. The 10-K for the year ended 28 December 2025 shows 2.18 bn USD of revenue and 165.1 m USD of net income and a dividend of 0.67 USD per share.
The data flag 2 purchases as part of a group of insiders buying within 30 days of each other. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. The last purchase on record was published on 21 November 2025, which is 331 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. The legal deadline for a Form 4 is two business days after the transaction.
Elsewhere in the same sector, our signals recently picked up insider purchases at GameStop Corp. and Dick's Sporting Goods, Inc. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
+1 other insider
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analysts rate Wendy's Co Hold (neutral), based on 18 analysts. Average price target: US$7.46.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
25 of 324 declarations
The Wendy’s Company is a major U.S. quick-service restaurant operator focused on the hamburger segment and listed on the Nasdaq under the ticker WEN. Founded in 1969 by Dave Thomas, the brand built its identity around quality, freshness, and made-to-order food, captured in its long-standing “Fresh Famous Food, Made Right, For You” positioning. The company is headquartered in Dublin, Ohio, United States. Wendy’s operates primarily through a franchise-led model, which generates recurring revenue from royalties, franchise fees, and real estate-related activities, while the company also runs a smaller portfolio of company-operated restaurants. ([irwendys.com](https://www.irwendys.com/home/default.aspx))
Wendy’s menu is centered on made-to-order square hamburgers prepared with fresh beef, but the platform extends well beyond burgers. Core product lines include chicken sandwiches, nuggets, chili, french fries, baked potatoes, salads, soft drinks, Frosty desserts, kids’ meals, and limited-time promotional offerings. The chain also serves breakfast in the U.S. and Canada, broadening the daypart opportunity and supporting traffic generation. Operationally, the company reports three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development, the latter reflecting the importance of site ownership, leasing, and development economics within the overall business model. ([s1.q4cdn.com](https://s1.q4cdn.com/202642389/files/doc_financials/2025/ar/2025-Annual-Report.pdf))
From a competitive standpoint, Wendy’s is positioned as the second largest hamburger quick-service restaurant company in the United States by traffic and dollar share, and the third largest globally. As of December 28, 2025, the system comprised 7,397 restaurants worldwide, including 5,969 restaurants in the United States and 1,428 restaurants across 38 foreign countries and U.S. territories. That footprint makes Wendy’s a meaningful player in global QSR, but it also places the company in a highly competitive market against other large chains such as McDonald’s, Burger King, and Chick-fil-A. Wendy’s strategy therefore emphasizes brand differentiation, customer experience, and net unit growth, with a strong reliance on franchise expansion. ([s1.q4cdn.com](https://s1.q4cdn.com/202642389/files/doc_financials/2025/ar/2025-Annual-Report.pdf))
Recent corporate developments are notable. In 2025, Wendy’s launched Project Fresh, a strategic plan aimed at revitalizing the brand, accelerating profitable growth, and enhancing shareholder value. At its 2025 Investor Day, the company outlined a long-term framework that included annual net unit growth of 3% to 4%, systemwide sales growth of 5% to 6%, and adjusted EBITDA growth of 7% to 8%. In July 2025, Wendy’s announced that CEO Kirk Tanner would depart, and Ken Cook was appointed interim CEO while the board searched for a permanent successor. The company’s 2025 results and 2026 outlook underline an ongoing turnaround and portfolio optimization effort, with a focus on value, operational execution, and disciplined capital allocation. ([irwendys.com](https://www.irwendys.com/news/news-details/2025/THE-WENDYS-COMPANY-LAUNCHES-PROJECT-FRESH-A-STRATEGIC-PLAN-TO-DRIVE-GROWTH-AND-ENHANCE-VALUE-CREATION/default.aspx?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendationsHeadquarters: Dublin, United States · Founded: 1969 · Wikipedia article
Source: Wikidata (CC0).
| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2025 | 2.18 bn USD | 165.1 m USD | 0.85 USD | 0.67 USD | 10-K |
| Dec 2024 | 2.25 bn USD | 194.4 m USD | 0.95 USD | 1.00 USD | 10-K |
| Dec 2023 | 2.18 bn USD | 204.4 m USD | 0.97 USD | 1.00 USD | 10-K |
| Jan 2023 | 2.10 bn USD | 177.4 m USD | 0.82 USD | 0.50 USD | 10-K |
| Jan 2022 | 1.90 bn USD | 200.4 m USD | 0.89 USD | 0.43 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.