Trian Partners Strategic Fund-K, L.P., 10% Owner at Wendy's Co (WEN), sold 3,321,584 shares at $16.36 ($54.5M) on 2018-05-16, disclosed to the SEC on 2018-05-16.
Open-market sale of $54.5M WEN by 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 | $16.41 | 725,000 | $11.9M | 21.8% |
| 2 | $16.53 | 764,000 | $12.6M | 23.2% |
| 3 | $16.36 | 916,292 | $15.0M | 27.5% |
| 4 | $16.36 | 916,292 | $15.0M | 27.5% |
| Total | $16.41 avg | 3,321,584 | $54.5M | 100% |