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WENDY'S CO. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and WENDY'S CO.’s Form 8-K, filed May 22, 2025 (Item 5.07 on EDGAR). Page generated October 14, 2026.

  • 15Ballot items
  • 424Asset managers
  • 5,659Fund votes
  • May 21, 2025Meeting date

Results at a glance

Meeting of May 21, 2025: 15 items on WENDY'S CO.’s Form 8-K, filed May 22, 2025: 2 approved · 3 not approved · 10 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore WENDY'S CO. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by WENDY'S CO.

These tallies are WENDY'S CO.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 22, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

WENDY'S CO. — official shareholder meeting results, meeting held May 21, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Arthur B. Winkleblack 146,659,3481,256,164370,187 --22,480,600 99.1%Not verified—
Elect Director: Peter W. May 144,479,6773,429,541376,480 --22,480,600 98%Not verified—
Elect Director: Matthew H. Peltz 145,869,1711,978,000438,527 --22,480,600 99%Not verified—
Elect Director: Wendy C. Arlin 146,759,6761,115,150410,872 --22,480,600 99.2%Not verified—
Elect Director: Michelle Caruso-Cabrera 147,063,361799,851422,486 --22,480,600 99.4%Not verified—
Elect Director: Kristin A. Dolan 137,496,56510,336,904452,230 --22,480,600 93%Not verified—
Elect Director: Richard H. Gomez 146,838,2281,068,213379,257 --22,480,600 99.2%Not verified—
Elect Director: Michelle J. Mathews-Spradlin 146,720,6411,109,916455,142 --22,480,600 99.2%Not verified—
Elect Director: Peter H. Rothschild 144,559,9303,298,593427,175 --22,480,600 98%Not verified—
Elect Director: Kirk Tanner 147,012,234930,777342,687 --22,480,600 99.3%Not verified—
2. Proposal to ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2025 168,545,2871,726,382494,630 ---- 99%Approveda majority of the shares present or represented
3. Proposal to approve an advisory resolution to approve executive compensation 144,037,4503,421,617826,632 --22,480,600 98%Approveda majority of the shares present or represented
4. Stockholder proposal regarding an emissions reduction assessment 7,479,062139,284,7341,521,902 --22,480,600 5%Not approveda majority of the shares present or represented
5. Stockholder proposal regarding worker-driven social responsibility 11,078,878135,626,2811,580,540 --22,480,600 8%Not approveda majority of the shares present or represented
6. Stockholder proposal regarding single-use plastics 12,868,018133,998,7621,418,918 --22,480,600 9%Not approveda majority of the shares present or represented

Source: WENDY'S CO., Form 8-K, filed with the SEC on May 22, 2025 — read the filing on EDGAR.

How asset managers voted at the WENDY'S CO. 2024-2025 meeting

Each item below shows how the 424 asset managers that disclosed a WENDY'S CO. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Arthur B. Winkleblack

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%
FOR: 146,659,348AGAINST: 1,256,164
Details: description as filed, official tally, votes by 89 asset managers

Description as filed by funds: Election of Directors: Arthur B. Winkleblack

WENDY'S CO.’s own tally for this item (“Elect Director: Arthur B. Winkleblack”): 146,659,348 for, 1,256,164 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 89 asset managers below reported 66,346,249 for, 39,604 against, 31,719 abstained.

FOR
FOR: 66,346,249AGAINST: 39,604ABSTAIN: 31,719
Largest asset managers voting on “Election of Directors: Arthur B. Winkleblack” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard21,370,0321 00For
BlackRock12,924,5730 00For
Charles Schwab6,742,9950 00For
Dimensional2,865,9480 00For
Fidelity2,765,7550 00For
JANUS INVESTMENT FUND2,540,9630 00For
CITY NATIONAL ROCHDALE FUNDS1,885,0930 00For
Invesco1,220,5900 00For
WisdomTree1,152,9110 00For
AQR1,053,0730 00For
TIAA1,010,1840 00For
MFS941,4530 00For
Global X879,4950 00For
Advisers Investment Trust824,6000 00For
State Street737,6850 00For
First Trust642,4160 00For
Voya640,9990 00For
Federated Hermes606,5870 00For
JPMorgan458,8720 00For
Equitable417,9640 00For
Jackson National385,9260 00For
ALPS ETF Trust370,2750 00For
Lincoln Financial302,2780 00For
AIG/SunAmerica266,5400 00For
Prudential/PGIM231,4590 00For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

2. Elect Director: Kirk Tanner

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99.3% Majority: yes · of votes cast

FOR 99.3%
FOR: 147,012,234AGAINST: 930,777
Details: description as filed, official tally, votes by 89 asset managers

Description as filed by funds: Election of Directors: Kirk Tanner

WENDY'S CO.’s own tally for this item (“Elect Director: Kirk Tanner”): 147,012,234 for, 930,777 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.3% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 89 asset managers below reported 66,380,514 for, 5,338 against, 31,719 abstained.

FOR
FOR: 66,380,514AGAINST: 5,338ABSTAIN: 31,719
Largest asset managers voting on “Election of Directors: Kirk Tanner” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard21,370,0321 00For
BlackRock12,924,5730 00For
Charles Schwab6,742,9950 00For
Dimensional2,865,9480 00For
Fidelity2,765,7550 00For
JANUS INVESTMENT FUND2,540,9630 00For
CITY NATIONAL ROCHDALE FUNDS1,885,0930 00For
Invesco1,220,5900 00For
WisdomTree1,152,9110 00For
AQR1,053,0730 00For
TIAA1,010,1840 00For
MFS941,4530 00For
Global X879,4950 00For
Advisers Investment Trust824,6000 00For
State Street737,65332 00For
First Trust642,4160 00For
Voya640,9990 00For
Federated Hermes606,5870 00For
JPMorgan458,8720 00For
Equitable417,9640 00For
Jackson National385,9260 00For
ALPS ETF Trust370,2750 00For
Lincoln Financial302,2780 00For
AIG/SunAmerica266,5400 00For
Prudential/PGIM231,4590 00For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

3. Elect Director: Kristin A. Dolan

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 137,496,565AGAINST: 10,336,904
Details: description as filed, official tally, votes by 89 asset managers

Description as filed by funds: Election of Directors: Kristin A. Dolan

WENDY'S CO.’s own tally for this item (“Elect Director: Kristin A. Dolan”): 137,496,565 for, 10,336,904 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 89 asset managers below reported 58,544,959 for, 7,840,894 against, 31,719 abstained.

FOR
FOR: 58,544,959AGAINST: 7,840,894ABSTAIN: 31,719
Largest asset managers voting on “Election of Directors: Kristin A. Dolan” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard21,367,4932,540 00For
BlackRock12,867,18457,389 00For
Charles Schwab06,742,995 00Against
Dimensional2,865,9480 00For
Fidelity2,765,7550 00For
JANUS INVESTMENT FUND2,540,9630 00For
CITY NATIONAL ROCHDALE FUNDS1,885,0930 00For
Invesco1,220,5900 00For
WisdomTree1,152,9110 00For
AQR1,053,0730 00For
TIAA1,010,1840 00For
MFS941,4530 00For
Global X0879,495 00Against
Advisers Investment Trust824,6000 00For
State Street737,6850 00For
First Trust642,4160 00For
Voya640,9990 00For
Federated Hermes606,5870 00For
JPMorgan458,8720 00For
Equitable417,9640 00For
Jackson National385,9260 00For
ALPS ETF Trust370,2750 00For
Lincoln Financial302,2780 00For
AIG/SunAmerica266,5400 00For
Prudential/PGIM231,4590 00For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

4. Elect Director: Matthew H. Peltz

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 145,869,171AGAINST: 1,978,000
Details: description as filed, official tally, votes by 89 asset managers

Description as filed by funds: Election of Directors: Matthew H. Peltz

WENDY'S CO.’s own tally for this item (“Elect Director: Matthew H. Peltz”): 145,869,171 for, 1,978,000 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 89 asset managers below reported 66,380,514 for, 5,339 against, 31,719 abstained.

FOR
FOR: 66,380,514AGAINST: 5,339ABSTAIN: 31,719
Largest asset managers voting on “Election of Directors: Matthew H. Peltz” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard21,370,0311 00For
BlackRock12,924,5730 00For
Charles Schwab6,742,9950 00For
Dimensional2,865,9480 00For
Fidelity2,765,7550 00For
JANUS INVESTMENT FUND2,540,9630 00For
CITY NATIONAL ROCHDALE FUNDS1,885,0930 00For
Invesco1,220,5900 00For
WisdomTree1,152,9110 00For
AQR1,053,0730 00For
TIAA1,010,1840 00For
MFS941,4530 00For
Global X879,4950 00For
Advisers Investment Trust824,6000 00For
State Street737,65332 00For
First Trust642,4160 00For
Voya640,9990 00For
Federated Hermes606,5870 00For
JPMorgan458,8720 00For
Equitable417,9640 00For
Jackson National385,9260 00For
ALPS ETF Trust370,2750 00For
Lincoln Financial302,2780 00For
AIG/SunAmerica266,5400 00For
Prudential/PGIM231,4590 00For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

5. Elect Director: Michelle Caruso-Cabrera

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99.4% Majority: yes · of votes cast

FOR 99.4%
FOR: 147,063,361AGAINST: 799,851
Details: description as filed, official tally, votes by 89 asset managers

Description as filed by funds: Election of Directors: Michelle Caruso-Cabrera

WENDY'S CO.’s own tally for this item (“Elect Director: Michelle Caruso-Cabrera”): 147,063,361 for, 799,851 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 89 asset managers below reported 66,380,546 for, 5,307 against, 31,719 abstained.

FOR
FOR: 66,380,546AGAINST: 5,307ABSTAIN: 31,719
Largest asset managers voting on “Election of Directors: Michelle Caruso-Cabrera” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard21,370,0321 00For
BlackRock12,924,5730 00For
Charles Schwab6,742,9950 00For
Dimensional2,865,9480 00For
Fidelity2,765,7550 00For
JANUS INVESTMENT FUND2,540,9630 00For
CITY NATIONAL ROCHDALE FUNDS1,885,0930 00For
Invesco1,220,5900 00For
WisdomTree1,152,9110 00For
AQR1,053,0730 00For
TIAA1,010,1840 00For
MFS941,4530 00For
Global X879,4950 00For
Advisers Investment Trust824,6000 00For
State Street737,6850 00For
First Trust642,4160 00For
Voya640,9990 00For
Federated Hermes606,5870 00For
JPMorgan458,8720 00For
Equitable417,9640 00For
Jackson National385,9260 00For
ALPS ETF Trust370,2750 00For
Lincoln Financial302,2780 00For
AIG/SunAmerica266,5400 00For
Prudential/PGIM231,4590 00For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

6. Elect Director: Michelle J. Mathews-Spradlin

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 146,720,641AGAINST: 1,109,916
Details: description as filed, official tally, votes by 89 asset managers

Description as filed by funds: Election of Directors: Michelle J. Mathews-Spradlin

WENDY'S CO.’s own tally for this item (“Elect Director: Michelle J. Mathews-Spradlin”): 146,720,641 for, 1,109,916 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 89 asset managers below reported 66,373,441 for, 12,412 against, 31,719 abstained.

FOR
FOR: 66,373,441AGAINST: 12,412ABSTAIN: 31,719
Largest asset managers voting on “Election of Directors: Michelle J. Mathews-Spradlin” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard21,370,0321 00For
BlackRock12,924,5730 00For
Charles Schwab6,742,9950 00For
Dimensional2,865,9480 00For
Fidelity2,765,7550 00For
JANUS INVESTMENT FUND2,540,9630 00For
CITY NATIONAL ROCHDALE FUNDS1,885,0930 00For
Invesco1,220,5900 00For
WisdomTree1,152,9110 00For
AQR1,053,0730 00For
TIAA1,010,1840 00For
MFS941,4530 00For
Global X879,4950 00For
Advisers Investment Trust824,6000 00For
State Street737,6850 00For
First Trust642,4160 00For
Voya640,9990 00For
Federated Hermes606,5870 00For
JPMorgan458,8720 00For
Equitable417,9640 00For
Jackson National385,9260 00For
ALPS ETF Trust370,2750 00For
Lincoln Financial302,2780 00For
AIG/SunAmerica266,5400 00For
Prudential/PGIM231,4590 00For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

7. Elect Director: Peter H. Rothschild

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 144,559,930AGAINST: 3,298,593
Details: description as filed, official tally, votes by 89 asset managers

Description as filed by funds: Election of Directors: Peter H. Rothschild

WENDY'S CO.’s own tally for this item (“Elect Director: Peter H. Rothschild”): 144,559,930 for, 3,298,593 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 89 asset managers below reported 66,366,870 for, 18,983 against, 31,719 abstained.

FOR
FOR: 66,366,870AGAINST: 18,983ABSTAIN: 31,719
Largest asset managers voting on “Election of Directors: Peter H. Rothschild” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard21,370,0302 00For
BlackRock12,924,5730 00For
Charles Schwab6,742,9950 00For
Dimensional2,865,9480 00For
Fidelity2,765,7550 00For
JANUS INVESTMENT FUND2,540,9630 00For
CITY NATIONAL ROCHDALE FUNDS1,885,0930 00For
Invesco1,220,5900 00For
WisdomTree1,152,9110 00For
AQR1,053,0730 00For
TIAA1,010,1840 00For
MFS941,4530 00For
Global X879,4950 00For
Advisers Investment Trust824,6000 00For
State Street737,65035 00For
First Trust642,4160 00For
Voya640,9990 00For
Federated Hermes606,5870 00For
JPMorgan458,8720 00For
Equitable417,9640 00For
Jackson National385,9260 00For
ALPS ETF Trust370,2750 00For
Lincoln Financial302,2780 00For
AIG/SunAmerica266,5400 00For
Prudential/PGIM231,4590 00For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

8. Elect Director: Peter W. May

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 144,479,677AGAINST: 3,429,541
Details: description as filed, official tally, votes by 89 asset managers

Description as filed by funds: Election of Directors: Peter W. May

WENDY'S CO.’s own tally for this item (“Elect Director: Peter W. May”): 144,479,677 for, 3,429,541 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 89 asset managers below reported 66,366,870 for, 18,983 against, 31,719 abstained.

FOR
FOR: 66,366,870AGAINST: 18,983ABSTAIN: 31,719
Largest asset managers voting on “Election of Directors: Peter W. May” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard21,370,0302 00For
BlackRock12,924,5730 00For
Charles Schwab6,742,9950 00For
Dimensional2,865,9480 00For
Fidelity2,765,7550 00For
JANUS INVESTMENT FUND2,540,9630 00For
CITY NATIONAL ROCHDALE FUNDS1,885,0930 00For
Invesco1,220,5900 00For
WisdomTree1,152,9110 00For
AQR1,053,0730 00For
TIAA1,010,1840 00For
MFS941,4530 00For
Global X879,4950 00For
Advisers Investment Trust824,6000 00For
State Street737,65035 00For
First Trust642,4160 00For
Voya640,9990 00For
Federated Hermes606,5870 00For
JPMorgan458,8720 00For
Equitable417,9640 00For
Jackson National385,9260 00For
ALPS ETF Trust370,2750 00For
Lincoln Financial302,2780 00For
AIG/SunAmerica266,5400 00For
Prudential/PGIM231,4590 00For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

9. Elect Director: Richard H. Gomez

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 146,838,228AGAINST: 1,068,213
Details: description as filed, official tally, votes by 89 asset managers

Description as filed by funds: Election of Directors: Richard H. Gomez

WENDY'S CO.’s own tally for this item (“Elect Director: Richard H. Gomez”): 146,838,228 for, 1,068,213 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 89 asset managers below reported 66,379,171 for, 6,682 against, 31,719 abstained.

FOR
FOR: 66,379,171AGAINST: 6,682ABSTAIN: 31,719
Largest asset managers voting on “Election of Directors: Richard H. Gomez” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard21,370,0321 00For
BlackRock12,924,5730 00For
Charles Schwab6,742,9950 00For
Dimensional2,865,9480 00For
Fidelity2,765,7550 00For
JANUS INVESTMENT FUND2,540,9630 00For
CITY NATIONAL ROCHDALE FUNDS1,885,0930 00For
Invesco1,220,5900 00For
WisdomTree1,152,9110 00For
AQR1,053,0730 00For
TIAA1,010,1840 00For
MFS941,4530 00For
Global X879,4950 00For
Advisers Investment Trust824,6000 00For
State Street737,6850 00For
First Trust642,4160 00For
Voya640,9990 00For
Federated Hermes606,5870 00For
JPMorgan458,8720 00For
Equitable417,9640 00For
Jackson National385,9260 00For
ALPS ETF Trust370,2750 00For
Lincoln Financial302,2780 00For
AIG/SunAmerica266,5400 00For
Prudential/PGIM231,4590 00For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

10. Elect Director: Wendy C. Arlin

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 146,759,676AGAINST: 1,115,150
Details: description as filed, official tally, votes by 89 asset managers

Description as filed by funds: Election of Directors: Wendy C. Arlin

WENDY'S CO.’s own tally for this item (“Elect Director: Wendy C. Arlin”): 146,759,676 for, 1,115,150 against, per its Form 8-K filed May 22, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 89 asset managers below reported 66,384,477 for, 1,376 against, 31,719 abstained.

FOR
FOR: 66,384,477AGAINST: 1,376ABSTAIN: 31,719
Largest asset managers voting on “Election of Directors: Wendy C. Arlin” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard21,370,0321 00For
BlackRock12,924,5730 00For
Charles Schwab6,742,9950 00For
Dimensional2,865,9480 00For
Fidelity2,765,7550 00For
JANUS INVESTMENT FUND2,540,9630 00For
CITY NATIONAL ROCHDALE FUNDS1,885,0930 00For
Invesco1,220,5900 00For
WisdomTree1,152,9110 00For
AQR1,053,0730 00For
TIAA1,010,1840 00For
MFS941,4530 00For
Global X879,4950 00For
Advisers Investment Trust824,6000 00For
State Street737,6850 00For
First Trust642,4160 00For
Voya640,9990 00For
Federated Hermes606,5870 00For
JPMorgan458,8720 00For
Equitable417,9640 00For
Jackson National385,9260 00For
ALPS ETF Trust370,2750 00For
Lincoln Financial302,2780 00For
AIG/SunAmerica266,5400 00For
Prudential/PGIM231,4590 00For

Showing the 25 largest of 89 asset managers. See all 89 in the interactive database.

11. 3. Proposal to approve an advisory resolution to approve executive compensation

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 11 wordings of this item as funds reported it.

98% Approved · of votes cast

FOR 98%
FOR: 144,037,450AGAINST: 3,421,617
Details: description as filed, official tally, votes by 411 asset managers

Description as filed by funds: Advisory resolution to approve executive compensation.

WENDY'S CO.’s own tally for this item (“3. Proposal to approve an advisory resolution to approve executive compensation”): 144,037,450 for, 3,421,617 against — passed, per its Form 8-K filed May 22, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 3 The proposal to approve an advisory resolution to approve executive compensation was approved by the affirmative vote of a majority of the shares of common stock present (in person or by proxy) and entitled to vote at the Annual Meeting.”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Voting standard, as the filing states it: a majority of the shares present or represented (“majority of the shares of common stock present”).

Also reported under other wordings, matched to the same row of WENDY'S CO.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (16 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 85 asset managers voting on “Advisory resolution to approve executive compensation.” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard21,364,9115,121 10For
BlackRock12,924,5730 00For
Charles Schwab6,742,9950 00For
Dimensional2,865,9480 00For
Fidelity2,765,7550 00For
JANUS INVESTMENT FUND2,540,9630 00For
CITY NATIONAL ROCHDALE FUNDS1,885,0930 00For
Invesco1,220,5900 00For
WisdomTree1,152,9110 00For
AQR1,053,0730 00For
TIAA1,010,1840 00For
MFS941,4530 00For
Global X879,4950 00For
Advisers Investment Trust824,6000 00For
State Street737,340345 00For
First Trust642,4160 00For
Voya640,9990 00For
Federated Hermes606,5870 00For
JPMorgan458,8720 00For
Equitable417,9640 00For
Jackson National385,9260 00For
ALPS ETF Trust370,2750 00For
Lincoln Financial302,2780 00For
AIG/SunAmerica266,5400 00For
Prudential/PGIM230,2741,185 00For

Fund voting reports, all 85 managers: 66,173,032 for, 86,976 against, 31,720 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 351 asset managers voting on “Advisory resolution to approve executive compensation.” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Charles Schwab6,743,4310 00For
BlackRock5,159,3331,064 00For
State Street4,504,911345 00For
AQR4,071,9330 00For
HARRIS ASSOCIATES L P3,947,2300 00For
GEODE CAPITAL MANAGEMENT, LLC3,169,3150 00For
Janus Henderson2,981,0480 00For
Northern Trust2,047,0280 00For
Junto Capital Management LP1,625,8490 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC1,484,0590 00For
Invesco1,404,0920 00For
Point721,128,2410 00For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP1,098,8180 00For
Nuveen1,024,5980 00For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/998,1490 00For
MELLON INVESTMENTS Corp828,9310 00For
Voya730,9310 00For
Federated Hermes607,1430 00For
Vanguard509,7310 00For
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM504,7130 00For
HORIZON KINETICS ASSET MANAGEMENT LLC501,6000 00For
PRINCIPAL GLOBAL INVESTORS396,0410 00For
Rhumbline391,9250 00For
SEI363,0012,626 00For
MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUST364,5820 00For

Institutional-manager reports, all 351 managers: 52,416,865 for, 1,303,029 against, 3 abstained, 535 not voted, 895 unknown. Showing the 25 largest; see all in the interactive database.

12. 2. Proposal to ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 4 wordings of this item as funds reported it.

99% Approved · of votes cast

FOR 99%
FOR: 168,545,287AGAINST: 1,726,382
Details: description as filed, official tally, votes by 90 asset managers

Description as filed by funds: RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2025.

WENDY'S CO.’s own tally for this item (“2. Proposal to ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2025”): 168,545,287 for, 1,726,382 against — passed, per its Form 8-K filed May 22, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 2 The proposal to ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2025 was approved by the affirmative vote of a majority of the shares of common stock present (in person or by proxy) and entitled to vote at the Annual Meet…”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Voting standard, as the filing states it: a majority of the shares present or represented (“majority of the shares of common stock present”).

The 90 asset managers below reported 66,330,527 for, 70,192 against, 31,719 abstained.

FOR
FOR: 66,330,527AGAINST: 70,192ABSTAIN: 31,719
Largest asset managers voting on “RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUN” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard21,367,5002,533 00For
BlackRock12,924,5730 00For
Charles Schwab6,742,9950 00For
Dimensional2,865,9480 00For
Fidelity2,765,7550 00For
JANUS INVESTMENT FUND2,540,9630 00For
CITY NATIONAL ROCHDALE FUNDS1,885,0930 00For
Invesco1,220,5900 00For
WisdomTree1,152,9110 00For
AQR1,053,0730 00For
TIAA1,010,1840 00For
MFS941,4530 00For
Global X879,4950 00For
Advisers Investment Trust824,6000 00For
State Street737,65035 00For
First Trust642,4160 00For
Voya640,9990 00For
Federated Hermes606,5870 00For
JPMorgan458,8720 00For
Equitable417,9640 00For
Jackson National385,9260 00For
ALPS ETF Trust370,2750 00For
Lincoln Financial302,2780 00For
AIG/SunAmerica266,5400 00For
Prudential/PGIM231,4590 00For

Showing the 25 largest of 90 asset managers. See all 90 in the interactive database.

13. 6. Stockholder proposal regarding single-use plastics

Official resultENVIRONMENT OR CLIMATEReported outcome: Not approved

Combines 3 wordings of this item as funds reported it.

9% Not approved · of votes cast

9%AGAINST
FOR: 12,868,018AGAINST: 133,998,762
Details: description as filed, official tally, votes by 88 asset managers

Description as filed by funds: STOCKHOLDER PROPOSAL REGARDING SINGLE-USE PLASTICS, IF PROPERLY PRESENTED AT THE ANNUAL MEETING.

WENDY'S CO.’s own tally for this item (“6. Stockholder proposal regarding single-use plastics”): 12,868,018 for, 133,998,762 against — failed, per its Form 8-K filed May 22, 2025 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “Proposal 6 The stockholder proposal regarding single-use plastics was not approved”
Support: 9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Voting standard, as the filing states it: a majority of the shares present or represented (“majority of the shares of common stock present”).

The 88 asset managers below reported 2,046,118 for, 63,972,434 against, 394,357 abstained.

AGAINST
FOR: 2,046,118AGAINST: 63,972,434ABSTAIN: 394,357
Largest asset managers voting on “STOCKHOLDER PROPOSAL REGARDING SINGLE-USE PLASTICS, IF PROPERLY PRESENTED AT THE ANNUAL MEETING.” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard2,54221,367,490 10Against
BlackRock012,924,573 00Against
Charles Schwab06,742,995 00Against
Dimensional77,7512,788,197 00Against
Fidelity02,765,755 00Against
JANUS INVESTMENT FUND02,540,963 00Against
CITY NATIONAL ROCHDALE FUNDS01,885,093 00Against
Invesco01,220,590 00Against
WisdomTree01,152,911 00Against
AQR1,053,0730 00For
TIAA01,010,184 00Against
MFS0941,453 00Against
Global X0879,495 00Against
Advisers Investment Trust0824,600 00Against
State Street485737,200 00Against
First Trust0642,416 00Against
Voya0640,999 00Against
Federated Hermes0606,587 00Against
JPMorgan458,8720 00For
Equitable0417,964 00Against
Jackson National0385,926 00Against
ALPS ETF Trust0370,275 00Against
Lincoln Financial0302,278 00Against
AIG/SunAmerica00 266,5400Abstain
Prudential/PGIM201,84129,618 00Mixed

Showing the 25 largest of 88 asset managers. See all 88 in the interactive database.

14. 5. Stockholder proposal regarding worker-driven social responsibility

Official resultCORPORATE GOVERNANCEReported outcome: Not approved

Combines 3 wordings of this item as funds reported it.

8% Not approved · of votes cast

8%AGAINST
FOR: 11,078,878AGAINST: 135,626,281
Details: description as filed, official tally, votes by 86 asset managers

Description as filed by funds: STOCKHOLDER PROPOSAL REGARDING WORKER-DRIVEN SOCIAL RESPONSIBILITY, IF PROPERLY PRESENTED AT THE ANNUAL MEETING.

WENDY'S CO.’s own tally for this item (“5. Stockholder proposal regarding worker-driven social responsibility”): 11,078,878 for, 135,626,281 against — failed, per its Form 8-K filed May 22, 2025 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “Proposal 5 The stockholder proposal regarding worker-driven social responsibility was not approved”
Support: 8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Voting standard, as the filing states it: a majority of the shares present or represented (“majority of the shares of common stock present”).

Also reported under other wordings, matched to the same row of WENDY'S CO.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Report on Implementing Worker-Driven Social Responsibility Principles” (3 managers, 100,076 for, 121,183 against).

The 86 asset managers below reported 2,131,730 for, 63,670,226 against, 394,357 abstained.

AGAINST
FOR: 2,131,730AGAINST: 63,670,226ABSTAIN: 394,357
Largest asset managers voting on “STOCKHOLDER PROPOSAL REGARDING WORKER-DRIVEN SOCIAL RESPONSIBILITY, IF PROPERLY PRESENTED AT THE ANNUAL MEETIN” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard2,54021,367,491 10Against
BlackRock012,924,573 00Against
Charles Schwab06,742,995 00Against
Dimensional02,865,948 00Against
Fidelity02,765,755 00Against
JANUS INVESTMENT FUND02,540,963 00Against
CITY NATIONAL ROCHDALE FUNDS01,885,093 00Against
Invesco01,220,590 00Against
WisdomTree01,152,911 00Against
AQR1,053,0730 00For
TIAA01,010,184 00Against
MFS0941,453 00Against
Global X0879,495 00Against
Advisers Investment Trust0824,600 00Against
State Street485737,200 00Against
First Trust0642,416 00Against
Voya0640,999 00Against
Federated Hermes0606,587 00Against
JPMorgan458,8720 00For
Equitable0417,964 00Against
Jackson National0385,926 00Against
ALPS ETF Trust0370,275 00Against
Lincoln Financial191,440110,838 00Mixed
AIG/SunAmerica00 266,5400Abstain
Prudential/PGIM201,84129,618 00Mixed

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

15. 4. Stockholder proposal regarding an emissions reduction assessment

Official resultENVIRONMENT OR CLIMATEReported outcome: Not approved

Combines 2 wordings of this item as funds reported it.

5% Not approved · of votes cast

AGAINST
FOR: 7,479,062AGAINST: 139,284,734
Details: description as filed, official tally, votes by 85 asset managers

Description as filed by funds: STOCKHOLDER PROPOSAL REGARDING AN EMISSIONS REDUCTION ASSESSMENT, IF PROPERLY PRESENTED AT THE ANNUAL MEETING.

WENDY'S CO.’s own tally for this item (“4. Stockholder proposal regarding an emissions reduction assessment”): 7,479,062 for, 139,284,734 against — failed, per its Form 8-K filed May 22, 2025 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “Proposal 4 The stockholder proposal regarding an emissions reduction assessment was not approved”
Support: 5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Voting standard, as the filing states it: a majority of the shares present or represented (“majority of the shares of common stock present”).

The 85 asset managers below reported 1,578,646 for, 64,218,648 against, 394,357 abstained.

AGAINST
FOR: 1,578,646AGAINST: 64,218,648ABSTAIN: 394,357
Largest asset managers voting on “STOCKHOLDER PROPOSAL REGARDING AN EMISSIONS REDUCTION ASSESSMENT, IF PROPERLY PRESENTED AT THE ANNUAL MEETING.” at WENDY'S CO., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard521,370,026 10Against
BlackRock012,924,573 00Against
Charles Schwab06,742,995 00Against
Dimensional77,7512,788,197 00Against
Fidelity02,765,755 00Against
JANUS INVESTMENT FUND02,540,963 00Against
CITY NATIONAL ROCHDALE FUNDS01,885,093 00Against
Invesco01,220,590 00Against
WisdomTree01,152,911 00Against
AQR1,053,0730 00For
TIAA01,010,184 00Against
MFS0941,453 00Against
Global X0879,495 00Against
Advisers Investment Trust0824,600 00Against
State Street485737,200 00Against
First Trust0642,416 00Against
Voya0640,999 00Against
Federated Hermes0606,587 00Against
JPMorgan0458,872 00Against
Equitable0417,964 00Against
Jackson National0385,926 00Against
ALPS ETF Trust0370,275 00Against
Lincoln Financial191,440110,838 00Mixed
AIG/SunAmerica00 266,5400Abstain
Prudential/PGIM0231,459 00Against

Showing the 25 largest of 85 asset managers. See all 85 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of May 21, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest WENDY'S CO. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 195,846,000 shares outstanding at the time of that meeting.

Fund voting reports: top WENDY'S CO. shareholders by shares voted on “RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT…”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 10.91%
2BlackRock 6.60%
3Charles Schwab 3.44%
4Dimensional 1.46%
5Fidelity 1.41%
6JANUS INVESTMENT FUND 1.30%
7CITY NATIONAL ROCHDALE FUNDS 0.96%
8Invesco 0.62%
9WisdomTree 0.59%
10AQR 0.54%
Institutional-manager reports: top WENDY'S CO. shareholders by shares voted on “Advisory resolution to approve executive compensation.”, 2024-2025
#Asset manager % of shares outstanding
1Charles Schwab 3.44%
2BlackRock 2.63%
3State Street 2.30%
4AQR 2.08%
5HARRIS ASSOCIATES L P 2.02%
6GEODE CAPITAL MANAGEMENT, LLC 1.62%
7Janus Henderson 1.52%
8Northern Trust 1.05%
9Junto Capital Management LP 0.83%
10PARAMETRIC PORTFOLIO ASSOCIATES LLC 0.76%

Reported WENDY'S CO. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

WENDY'S CO. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Nelson Peltz 15.78% 13D
Vanguard Group 11.05% 13F
BlackRock 10.10% 13F
Charles Schwab 3.46% 13F
Point72 3.07% 13F
HARRIS ASSOCIATES L P 3.03% 13G
State Street 2.89% 13F
JPMorgan Chase 2.28% 13F
Dimensional Fund Advisors 2.10% 13F
Millennium Management 2.00% 13F

Percentages above are of 195,846,000 shares outstanding, as reported by WENDY'S CO. on its Form 10-Q dated March 30, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from WENDY'S CO.’s 10-Q dated March 30, 2025. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At WENDY'S CO.'s shareholder meeting held May 21, 2025, in the 2024-2025 proxy season, 424 asset managers reported how they voted on 15 ballot items in their SEC Form N-PX filings, covering 5,659 separate fund positions. On the most widely held item on that ballot — Advisory resolution to approve executive compensation. — WENDY'S CO.'s filing reports the proposal as approved, with 98% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: WENDY'S CO.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 22, 2025.

WENDY'S CO. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.