Wells Fargo EVP granted 81,868 restricted share rights
Wells Fargo & Company executive Fernando Rivas reported a new equity award.
Rhea-AI Filing Summary
Wells Fargo & Company executive Fernando Rivas reported a new equity award. On 01/27/2026, he received 81,868 Restricted Share Rights, each representing a contingent right to one share of Wells Fargo common stock at an exercise price of $0.
These Restricted Share Rights vest in three equal installments on 02/05/2027, 02/05/2028, and 02/05/2029. As a condition of the grant, Rivas agreed to hold Wells Fargo common stock in line with the company’s Stock Ownership Policy while employed and for one year after retirement.
Following this award, he directly beneficially owned 44,932.1083 shares of common stock, which include shares acquired through a dividend reinvestment program, and indirectly held 39 Series BB and 100 Series EE preferred shares through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Right | 81,868 | $0.00 | $0.00 |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| holding | Preferred Shares, Series BB | -- | -- | -- |
| holding | Preferred Shares, Series EE | -- | -- | -- |
Footnotes (3)
- F1. Includes shares acquired under a dividend reinvestment program since the reporting person's most recent filing on Form 4.
- F2. Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Wells Fargo & Company (the "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.
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What did Wells Fargo (WFC) executive Fernando Rivas report on this Form 4?
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