Wells Fargo director awarded phantom stock units
SARGENT RONALD reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
SARGENT RONALD reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company director Ronald Sargent received a grant of 496.4627 Phantom Stock Units as deferred compensation. Each unit represents the right to receive one share of Wells Fargo common stock and is valued at $80.57 per unit. The award, which includes dividend equivalents reinvested into additional Phantom Stock Units, brings his total phantom unit balance to 70,231.144. Following this filing, he also holds 81 common shares directly and 18,050 common shares indirectly through a revocable trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 496.4627 shares
Grant/Award
3 txns
Insider
SARGENT RONALD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 496.4627 | $80.57 | $40K |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Units — 70,231.144 contracts (Direct);
Common Stock, $1 2/3 Par Value — 81 shares (Direct);
Common Stock, $1 2/3 Par Value — 18,050 shares (Indirect, Through Revocable Trust)
Footnotes (3)
- F1. Each Phantom Stock Unit represents the right to receive one share of Wells Fargo & Company common stock.
- F2. Deferred compensation shares payable in a lump sum or installments based upon director's election.
- F3. Includes dividend equivalents reinvested in additional Phantom Stock Units.
Key Figures
Phantom Stock Units granted: 496.4627 units
Reference value per Phantom Stock Unit: $80.57 per unit
Total Phantom Stock Units after grant: 70,231.144 units
+2 more
5 metrics
Phantom Stock Units granted
496.4627 units
Grant to director Ronald Sargent on April 1, 2026
Reference value per Phantom Stock Unit
$80.57 per unit
Value used for the April 1, 2026 award
Total Phantom Stock Units after grant
70,231.144 units
Director’s phantom balance following the reported transaction
Direct common stock holdings
81 shares
Wells Fargo common stock held directly after the update
Indirect common stock via revocable trust
18,050 shares
Wells Fargo common stock held through a revocable trust
Key Terms
Phantom Stock Units, Deferred compensation, Dividend equivalents, Revocable Trust
4 terms
Phantom Stock Units financial
"Each Phantom Stock Unit represents the right to receive one share of Wells Fargo & Company common stock."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Deferred compensation financial
"Deferred compensation shares payable in a lump sum or installments based upon director's election."
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
Dividend equivalents financial
"Includes dividend equivalents reinvested in additional Phantom 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.
Revocable Trust financial
"Common Stock, $1 2/3 Par Value ... nature_of_ownership: Through Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WFC director Ronald Sargent report?
Ronald Sargent reported receiving 496.4627 Phantom Stock Units as a deferred compensation award. Each unit represents one share of Wells Fargo common stock, with dividend equivalents reinvested. This is a compensation grant, not an open-market stock purchase or sale.
How many Phantom Stock Units does Ronald Sargent hold after this WFC filing?
After the reported award, Ronald Sargent holds a total of 70,231.144 Phantom Stock Units. These units track Wells Fargo common stock value and are payable in a lump sum or installments, based on the director’s prior deferral election.
What direct and indirect common stock holdings does Ronald Sargent report in WFC?
Ronald Sargent reports 81 Wells Fargo common shares held directly and 18,050 shares held indirectly through a revocable trust. These entries update his ownership position and accompany the separate Phantom Stock Unit compensation grant.
How are WFC Phantom Stock Units for Ronald Sargent structured for payment?
The Phantom Stock Units are deferred compensation payable in a lump sum or installments, depending on the director’s election. They also include dividend equivalents, which are automatically reinvested into additional Phantom Stock Units over time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
