TRIAN FUND Management, L.P., Director, 10% Owner at Wendy's Co (WEN), sold 5,811,138 shares at $20.30 ($118.0M) on 2023-08-22, disclosed to the SEC on 2023-08-23.
Open-market sale of $118.0M WEN by Director, 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $20.30 | 2,905,569 | $59.0M | 50.0% |
| 2 | $20.30 | 2,905,569 | $59.0M | 50.0% |
| Total | $20.30 avg | 5,811,138 | $118.0M | 100% |
| Filing → |
| WEN | SELL | 2023-06-02 | $10.1M | — | Filing → |
| WEN | SELL | 2023-05-24 | $24.1M | — | Filing → |
| IVZ | SELL | 2023-01-31 | $115.7M | — | Filing → |