Wells Fargo director granted 3,436 stock units
Morken CeCelia reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Morken CeCelia reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company director CeCelia Morken reported a compensation-related equity grant. She received 3,436 Common Stock Units at a reference price of $81.50 per unit, with each unit representing the right to receive one share of Wells Fargo common stock.
The units vested upon grant, but settlement is deferred until the later of her termination of service as a director or a later date she elected. The total Common Stock Units credited to her account after this grant is 17,851.9647, including dividend equivalents reinvested in additional units. She also holds 100 shares of Wells Fargo common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,436 shares
Grant/Award
2 txns
Insider
Morken CeCelia
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Units | 3,436 | $81.50 | $280K |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
Holdings After Transaction:
Common Stock Units — 17,851.9647 contracts (Direct);
Common Stock, $1 2/3 Par Value — 100 shares (Direct)
Footnotes (3)
- F1. Common Stock Units vested upon grant with settlement deferred until the later of termination of service as a director of Wells Fargo & Company (the "Company") or such later settlement date elected by the director.
- F2. Each Common Stock Unit represents a right to receive one share of Company common stock.
- F3. Includes dividend equivalents reinvested in additional Common Stock Units.
Key Figures
Common Stock Units granted: 3,436 units
Grant reference price: $81.50 per unit
Total Common Stock Units after grant: 17,851.9647 units
+2 more
5 metrics
Common Stock Units granted
3,436 units
Director equity award on April 28, 2026
Grant reference price
$81.50 per unit
Reported value for Common Stock Units
Total Common Stock Units after grant
17,851.9647 units
Balance following reported award, including dividend equivalents
Direct common shares held
100 shares
Wells Fargo common stock held directly after transaction
Underlying common shares per unit
1 share per unit
Each Common Stock Unit equals one share of common stock
Key Terms
Common Stock Units, dividend equivalents, settlement deferred, grant, award, or other acquisition
4 terms
Common Stock Units financial
"Common Stock Units vested upon grant with settlement deferred"
A common stock unit is a tradable ownership interest that represents one or more ordinary shares in a company, giving the holder a stake in profits, a claim on assets after creditors, and usually voting rights on corporate matters. For investors it matters because these units determine how much of the company you own, how much influence you have, and how returns or losses are shared—think of owning slices of a pie that can be increased or diluted by the company’s actions.
dividend equivalents financial
"Includes dividend equivalents reinvested in additional Common Stock Units."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
settlement deferred financial
"settlement deferred until the later of termination of service as a director"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CeCelia Morken report for Wells Fargo (WFC)?
CeCelia Morken reported receiving a grant of Common Stock Units tied to Wells Fargo (WFC) common stock. The award is part of director compensation, not an open-market stock purchase or sale, and will settle in shares at a future date.
How many Wells Fargo Common Stock Units were granted to CeCelia Morken?
She was granted 3,436 Common Stock Units. Each unit represents the right to receive one share of Wells Fargo common stock, contributing to a total of 17,851.9647 units held in her account after the reported grant.
At what price were CeCelia Morken’s Wells Fargo Common Stock Units valued?
The 3,436 Common Stock Units were recorded at a reference price of $81.50 per unit. This price is used for reporting the grant’s value and does not indicate an open-market purchase price or a trade on that day.
When will CeCelia Morken’s Wells Fargo Common Stock Units be settled?
The units vested upon grant, but settlement is deferred until the later of her termination of service as a Wells Fargo director or a later settlement date she elected. Settlement will occur in shares of Wells Fargo common stock.
Do CeCelia Morken’s Common Stock Units for WFC include dividend equivalents?
Yes. The reported total of 17,851.9647 Common Stock Units includes dividend equivalents that are reinvested into additional units. This means cash dividends on underlying shares are credited as more units instead of cash payments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
