Wells Fargo SVP granted 49,319 restricted share rights
Wells Fargo & Company reported an equity award for Sr.
Rhea-AI Filing Summary
Wells Fargo & Company reported an equity award for Sr. Executive Vice President Kleber Santos. On 01/27/2026, he received 49,319 Restricted Share Rights (RSRs), each representing a contingent right to one share of common stock at an exercise price of $0.
These RSRs vest in three equal installments on 2/5/2027, 2/5/2028, and 2/5/2029, and are subject to the company’s stock ownership policy, including a post-retirement holding requirement. After this transaction, Santos beneficially owned 78,333.4942 shares of common stock directly and 892.19 share equivalents indirectly through the Wells Fargo 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Right | 49,319 | $0.00 | $0.00 |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
Footnotes (3)
- F1. Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of December 31, 2025, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
- F2. Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Company common stock.
- F3. These RSRs vest in three installments: one-third on 2/5/2027, 2/5/2028, and 2/5/2029. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.
FAQ
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What insider transaction did WFC executive Kleber Santos report?
What stock ownership and holding requirements apply to this WFC grant?
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