Director at Wells Fargo (NYSE: WFC) granted 3,436 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GARCIA FABIAN T reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company director Fabian T. Garcia reported a compensation-related equity grant rather than an open-market trade. He received 3,436 Common Stock Units at $81.50 per unit, each 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 his termination of service as a director or a later settlement date he elects. Following this grant, he holds 11,475.5109 Common Stock Units and 101.6353 shares of common stock, including amounts accumulated through a dividend reinvestment program and dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GARCIA FABIAN T
Role
null
| 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 — 11,475.511 shares (Direct, null);
Common Stock, $1 2/3 Par Value — 101.635 shares (Direct, null)
Footnotes (1)
- Includes shares acquired under a dividend reinvestment program since the reporting person's most recent filing on Form 4. 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. Each Common Stock Unit represents a right to receive one share of Company common stock. Includes dividend equivalents reinvested in additional Common Stock Units.
Key Figures
Common Stock Units granted: 3,436 units
Grant price per unit: $81.50 per unit
Common Stock Units after grant: 11,475.5109 units
+1 more
4 metrics
Common Stock Units granted
3,436 units
Grant of Common Stock Units to director on April 28, 2026
Grant price per unit
$81.50 per unit
Value assigned to each Common Stock Unit granted
Common Stock Units after grant
11,475.5109 units
Total Common Stock Units held following the reported grant
Common shares held directly
101.6353 shares
Direct holdings of Wells Fargo common stock after the filing
Key Terms
Common Stock Units, dividend reinvestment program, dividend equivalents, settlement deferred
4 terms
Common Stock Units financial
"Common Stock Units vested upon grant with settlement deferred until the later of termination of service as a director"
dividend reinvestment program financial
"Includes shares acquired under a dividend reinvestment program since the reporting person's most recent filing"
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
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
"vested upon grant with settlement deferred until the later of termination of service as a director"
FAQ
What insider transaction did Wells Fargo (WFC) director Fabian T. Garcia report?
Fabian T. Garcia reported receiving 3,436 Common Stock Units as a grant, not buying on the open market. These units are a form of equity compensation that convert into Wells Fargo common shares at settlement, aligning his interests with long-term shareholder value.
At what value were Fabian T. Garcia’s Wells Fargo (WFC) Common Stock Units granted?
The 3,436 Common Stock Units were granted at $81.50 per unit. Each unit represents the right to receive one share of Wells Fargo common stock, providing equity-based compensation linked directly to the company’s share price over time.
When will Fabian T. Garcia’s Wells Fargo (WFC) Common Stock Units be settled?
The Common Stock Units vested upon grant, but settlement is deferred until the later of his termination of service as a Wells Fargo director or a later settlement date he elects, delaying actual share delivery to that future point.
How many Wells Fargo (WFC) Common Stock Units does Fabian T. Garcia hold after this Form 4?
After this grant, Fabian T. Garcia holds 11,475.5109 Common Stock Units. These units include the 3,436 units granted on the transaction date as well as additional units accumulated through dividend equivalents reinvested in more units over time.
Do Fabian T. Garcia’s Wells Fargo (WFC) Common Stock Units include dividend equivalents?
Yes. The reported Common Stock Units include dividend equivalents reinvested in additional units. When Wells Fargo pays dividends, corresponding equivalents are credited as more units, modestly increasing his deferred equity position over time until settlement into shares.