Vanguard Group Inc's Updated Ownership in Wendy's Co/The

The Vanguard Group Inc has filed an amendment to its Schedule 13G/A, reporting its updated ownership in Wendy's Co/The. As of September 30, 2025, Vanguard holds 18,589,808 shares, representing 9.75% ownership. This marks a decrease of 2,667,897 shares (12.55%) and a reduction in ownership percentage by 1.41% compared to the previous filing. The total value of the holdings is $158,756,960.32, a decrease of $84,006,030.68 (34.60%). Vanguard's clients, including investment companies and managed accounts, have the right to receive dividends or proceeds from the sale of these securities. The filing certifies that the securities were acquired and are held in the ordinary course of business, not for influencing the control of the issuer.