Wells Fargo director granted 3,436 stock units
CRAVER THEODORE F JR reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
CRAVER THEODORE F JR reported acquisition or exercise transactions in this Form 4 filing.
WELLS FARGO & COMPANY/MN director Theodore F. Craver Jr. received a grant of 3,436 Common Stock Units on April 28, 2026 at $81.50 per unit. The units vested upon grant, but settlement is deferred until after his service as a director ends or a later elected settlement date.
Each Common Stock Unit represents a right to receive one share of Wells Fargo common stock and includes dividend equivalents reinvested into additional units. Following this award, Craver directly holds 17,851.9647 Common Stock Units. Separate entries show indirect holdings of common stock through revocable and irrevocable trusts and a small directly held common stock position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,436 shares
Grant/Award
4 txns
Insider
CRAVER THEODORE F JR
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 | -- | -- | -- |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| 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 — 89 shares (Direct);
Common Stock, $1 2/3 Par Value — 6,000 shares (Indirect, Through Irrevocable Trust);
Common Stock, $1 2/3 Par Value — 27,112 shares (Indirect, Through Revocable Trust)
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 value per unit: $81.50 per unit
Total Common Stock Units after grant: 17,851.9647 units
+3 more
6 metrics
Common Stock Units granted
3,436 units
Grant to director on April 28, 2026
Grant value per unit
$81.50 per unit
Common Stock Units award price
Total Common Stock Units after grant
17,851.9647 units
Director’s direct Common Stock Units balance
Revocable trust holdings
27,112 shares
Common Stock held indirectly through revocable trust
Irrevocable trust holdings
6,000 shares
Common Stock held indirectly through irrevocable trust
Direct common stock held
89 shares
Common Stock directly owned outside of units
Key Terms
Common Stock Units, dividend equivalents, revocable trust, irrevocable trust, +1 more
5 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.
revocable trust financial
"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.
irrevocable trust financial
"nature_of_ownership": "Through Irrevocable Trust""
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
deferred settlement financial
"settlement deferred until the later of termination of service as a director"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WFC director Theodore F. Craver Jr. acquire in this Form 4 filing?
He received a grant of 3,436 Common Stock Units of Wells Fargo. These units vested immediately upon grant, with payment in common stock deferred until after his board service ends or a later date he selects.
How are the Wells Fargo (WFC) Common Stock Units structured for the director?
Each Common Stock Unit represents a right to receive one share of Wells Fargo common stock. The units include dividend equivalents, which are automatically reinvested into additional Common Stock Units over time, increasing the director’s deferred share-based balance.
How many Wells Fargo Common Stock Units does the director hold after this grant?
After the grant, Theodore F. Craver Jr. holds 17,851.9647 Common Stock Units directly. This total includes the newly granted 3,436 units plus previously held units, along with dividend equivalents reinvested into additional units.
What indirect Wells Fargo (WFC) holdings are reported for the director in this filing?
The filing shows indirect ownership of Wells Fargo common stock through a revocable trust holding 27,112 shares and an irrevocable trust holding 6,000 shares. It also reports a small directly held position of 89 common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
