WENDYS CO

Ticker: WEN CUSIP: 95058W100 Class: Common Stock

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM's Holding History (CIK: 0000938076)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 196,604 Value ($000) $1,638 Avg Close $8.63 Range $7.83 - $10.12

Q3 2025

Shares 220,414 Value ($000) $2,019 Avg Close $10.27 Range $9.01 - $12.04

Q2 2025

Shares 228,518 Value ($000) $2,610 Avg Close $12.20 Range $10.91 - $14.87

Q1 2025

Shares 226,768 Value ($000) $3,318 Avg Close $15.04 Range $13.72 - $16.48

Q4 2024

Shares 226,768 Value ($000) $3,696 Avg Close $18.25 Range $16.17 - $20.60

Q3 2024

Shares 226,768 Value ($000) $3,973 Avg Close $17.02 Range $15.62 - $18.44

Q2 2024

Shares 226,768 Value ($000) $3,846 Avg Close $18.18 Range $16.22 - $20.65

Q1 2024

Shares 257,230 Value ($000) $5,602 Avg Close $18.79 Range $17.64 - $19.77

Q4 2023

Shares 277,091 Value ($000) $5,398 Avg Close $19.25 Range $18.19 - $20.49

Q3 2023

Shares 277,091 Value ($000) $5,655 Avg Close $20.88 Range $19.67 - $22.42

Q2 2023

Shares 276,831 Value ($000) $6,021 Avg Close $22.28 Range $21.23 - $23.90

Q1 2023

Shares 257,230 Value ($000) $5,602 Avg Close $21.96 Range $20.30 - $23.49

Q4 2022

Shares 239,548 Value ($000) $5,421 Avg Close $21.35 Range $18.55 - $23.78

Q3 2022

Shares 252,928 Value ($000) $4,727 Avg Close $20.13 Range $18.50 - $21.63

Q2 2022

Shares 252,928 Value ($000) $4,775 Avg Close $18.95 Range $15.77 - $22.19

Q1 2022

Shares 271,738 Value ($000) $5,970 Avg Close $22.53 Range $20.62 - $24.48

Q4 2021

Shares 284,738 Value ($000) $6,791 Avg Close $22.24 Range $20.37 - $24.20

Q3 2021

Shares 288,028 Value ($000) $6,244 Avg Close $22.80 Range $21.50 - $24.40

Q2 2021

Shares 309,256 Value ($000) $7,243 Avg Close $22.96 Range $20.27 - $29.46

Q1 2021

Shares 319,476 Value ($000) $6,473 Avg Close $20.77 Range $18.86 - $21.98

Q4 2020

Shares 365,318 Value ($000) $8,008 Avg Close $22.78 Range $21.43 - $24.91

Q3 2020

Shares 365,478 Value ($000) $8,148 Avg Close $22.03 Range $20.23 - $23.89

Q2 2020

Shares 365,478 Value ($000) $7,960 Avg Close $19.88 Range $12.34 - $23.44

Q1 2020

Shares 385,480 Value ($000) $5,736 Avg Close $19.67 Range $6.82 - $24.04

Q4 2019

Shares 413,561 Value ($000) $9,185 Avg Close $21.21 Range $19.76 - $22.38

Q3 2019

Shares 413,731 Value ($000) $8,266 Avg Close $19.94 Range $17.54 - $22.84

Q2 2019

Shares 465,654 Value ($000) $9,118 Avg Close $18.83 Range $17.66 - $20.14

Q1 2019

Shares 464,302 Value ($000) $8,306 Avg Close $17.01 Range $15.33 - $18.14

Q4 2018

Shares 460,098 Value ($000) $7,182 Avg Close $17.05 Range $14.96 - $18.26

Q3 2018

Shares 406,319 Value ($000) $6,964 Avg Close $17.47 Range $16.31 - $18.68

Q2 2018

Shares 406,319 Value ($000) $6,981 Avg Close $17.02 Range $16.01 - $18.22

Q1 2018

Shares 406,319 Value ($000) $7,131 Avg Close $16.59 Range $14.80 - $17.70

Q4 2017

Shares 425,168 Value ($000) $6,981 Avg Close $15.19 Range $13.57 - $16.98

Q3 2017

Shares 425,168 Value ($000) $6,603 Avg Close $15.31 Range $14.16 - $16.17

Q2 2017

Shares 432,128 Value ($000) $6,702 Avg Close $15.15 Range $13.29 - $16.66

Q1 2017

Shares 432,128 Value ($000) $5,881 Avg Close $13.64 Range $13.03 - $14.47

Q4 2016

Shares 432,128 Value ($000) $5,842 Avg Close $12.07 Range $10.47 - $14.07

Q3 2016

Shares 443,698 Value ($000) $4,792 Avg Close $10.08 Range $9.33 - $11.00

Q2 2016

Shares 443,698 Value ($000) $4,269 Avg Close $10.49 Range $9.15 - $11.38

Q1 2016

Shares 398,145 Value ($000) $4,336 Avg Close $9.91 Range $8.89 - $10.97

Q4 2015

Shares 452,395 Value ($000) $4,872 Avg Close $9.85 Range $8.43 - $10.96

Q3 2015

Shares 452,395 Value ($000) $3,913 Avg Close $9.69 Range $8.52 - $11.30

Q2 2015

Shares 454,751 Value ($000) $5,130 Avg Close $11.02 Range $10.05 - $11.71

Q1 2015

Shares 454,751 Value ($000) $4,957 Avg Close $10.69 Range $8.84 - $11.50

Q4 2014

Shares 505,851 Value ($000) $4,568 Avg Close $8.44 Range $7.61 - $9.29

Q3 2014

Shares 505,851 Value ($000) $4,178 Avg Close $8.19 Range $7.82 - $8.74

Q2 2014

Shares 505,851 Value ($000) $4,315 Avg Close $8.42 Range $7.84 - $9.24

Q1 2014

Shares 507,486 Value ($000) $4,628 Avg Close $9.16 Range $8.08 - $10.27

Q4 2013

Shares 553,209 Value ($000) $4,824 Avg Close $8.59 Range $7.85 - $9.51

Q3 2013

Shares 553,209 Value ($000) $4,691 Avg Close $7.50 Range $5.84 - $8.75

Q2 2013

Shares 572,128 Value ($000) $3,336 Avg Close $5.79 Range $5.28 - $6.23

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	196,604	$1,638	$8.63	$7.83 - $10.12
Q3 2025	220,414	$2,019	$10.27	$9.01 - $12.04
Q2 2025	228,518	$2,610	$12.20	$10.91 - $14.87
Q1 2025	226,768	$3,318	$15.04	$13.72 - $16.48
Q4 2024	226,768	$3,696	$18.25	$16.17 - $20.60
Q3 2024	226,768	$3,973	$17.02	$15.62 - $18.44
Q2 2024	226,768	$3,846	$18.18	$16.22 - $20.65
Q1 2024	257,230	$5,602	$18.79	$17.64 - $19.77
Q4 2023	277,091	$5,398	$19.25	$18.19 - $20.49
Q3 2023	277,091	$5,655	$20.88	$19.67 - $22.42
Q2 2023	276,831	$6,021	$22.28	$21.23 - $23.90
Q1 2023	257,230	$5,602	$21.96	$20.30 - $23.49
Q4 2022	239,548	$5,421	$21.35	$18.55 - $23.78
Q3 2022	252,928	$4,727	$20.13	$18.50 - $21.63
Q2 2022	252,928	$4,775	$18.95	$15.77 - $22.19
Q1 2022	271,738	$5,970	$22.53	$20.62 - $24.48
Q4 2021	284,738	$6,791	$22.24	$20.37 - $24.20
Q3 2021	288,028	$6,244	$22.80	$21.50 - $24.40
Q2 2021	309,256	$7,243	$22.96	$20.27 - $29.46
Q1 2021	319,476	$6,473	$20.77	$18.86 - $21.98
Q4 2020	365,318	$8,008	$22.78	$21.43 - $24.91
Q3 2020	365,478	$8,148	$22.03	$20.23 - $23.89
Q2 2020	365,478	$7,960	$19.88	$12.34 - $23.44
Q1 2020	385,480	$5,736	$19.67	$6.82 - $24.04
Q4 2019	413,561	$9,185	$21.21	$19.76 - $22.38
Q3 2019	413,731	$8,266	$19.94	$17.54 - $22.84
Q2 2019	465,654	$9,118	$18.83	$17.66 - $20.14
Q1 2019	464,302	$8,306	$17.01	$15.33 - $18.14
Q4 2018	460,098	$7,182	$17.05	$14.96 - $18.26
Q3 2018	406,319	$6,964	$17.47	$16.31 - $18.68
Q2 2018	406,319	$6,981	$17.02	$16.01 - $18.22
Q1 2018	406,319	$7,131	$16.59	$14.80 - $17.70
Q4 2017	425,168	$6,981	$15.19	$13.57 - $16.98
Q3 2017	425,168	$6,603	$15.31	$14.16 - $16.17
Q2 2017	432,128	$6,702	$15.15	$13.29 - $16.66
Q1 2017	432,128	$5,881	$13.64	$13.03 - $14.47
Q4 2016	432,128	$5,842	$12.07	$10.47 - $14.07
Q3 2016	443,698	$4,792	$10.08	$9.33 - $11.00
Q2 2016	443,698	$4,269	$10.49	$9.15 - $11.38
Q1 2016	398,145	$4,336	$9.91	$8.89 - $10.97
Q4 2015	452,395	$4,872	$9.85	$8.43 - $10.96
Q3 2015	452,395	$3,913	$9.69	$8.52 - $11.30
Q2 2015	454,751	$5,130	$11.02	$10.05 - $11.71
Q1 2015	454,751	$4,957	$10.69	$8.84 - $11.50
Q4 2014	505,851	$4,568	$8.44	$7.61 - $9.29
Q3 2014	505,851	$4,178	$8.19	$7.82 - $8.74
Q2 2014	505,851	$4,315	$8.42	$7.84 - $9.24
Q1 2014	507,486	$4,628	$9.16	$8.08 - $10.27
Q4 2013	553,209	$4,824	$8.59	$7.85 - $9.51
Q3 2013	553,209	$4,691	$7.50	$5.84 - $8.75
Q2 2013	572,128	$3,336	$5.79	$5.28 - $6.23