Wells Fargo director granted stock units
GARCIA FABIAN T reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Units | 3,436 | $81.50 | $280K |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
Footnotes (4)
- F1. Includes shares acquired under a dividend reinvestment program since the reporting person's most recent filing on Form 4.
- F2. 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.
- F3. Each Common Stock Unit represents a right to receive one share of Company common stock.
- F4. Includes dividend equivalents reinvested in additional Common Stock Units.
Key Figures
Key Terms
Common Stock Units financial
dividend reinvestment program financial
dividend equivalents financial
settlement deferred financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Wells Fargo (WFC) director Fabian T. Garcia report?
At what value were Fabian T. Garcia’s Wells Fargo (WFC) Common Stock Units granted?
When will Fabian T. Garcia’s Wells Fargo (WFC) Common Stock Units be settled?
How many Wells Fargo (WFC) Common Stock Units does Fabian T. Garcia hold after this Form 4?
Do Fabian T. Garcia’s Wells Fargo (WFC) Common Stock Units include dividend equivalents?
AI-generated analysis. How Rhea-AI works. Not financial advice.