Wells Fargo (WFC) Sr. EVP Engle vests RSRs, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wells Fargo & Company Sr. Executive Vice President Bridget E. Engle reported multiple restricted share rights vesting on February 5, 2026, converting into common stock at no exercise price. The largest tranche was 100,851.9877 RSRs, with additional vestings of 2,787.3201 and 11,406.6658 RSRs.
To cover withholding taxes on these vestings, shares of common stock were withheld at a price of $93.14 per share through transaction code F entries. After all transactions, Engle directly beneficially owned 113,478.3301 shares of Wells Fargo common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
115,045.974 shares exercised/converted
Mixed
9 txns
Insider
Engle Bridget E.
Role
Sr. Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Right | 100,851.988 | $0.00 | -- |
| Exercise | Restricted Share Right | 2,787.32 | $0.00 | -- |
| Exercise | Restricted Share Right | 11,406.666 | $0.00 | -- |
| Exercise | Common Stock, $1 2/3 Par Value | 100,851.988 | $0.00 | -- |
| Tax Withholding | Common Stock, $1 2/3 Par Value | 50,273.486 | $93.14 | $4.68M |
| Exercise | Common Stock, $1 2/3 Par Value | 2,787.32 | $0.00 | -- |
| Tax Withholding | Common Stock, $1 2/3 Par Value | 1,010.097 | $93.14 | $94K |
| Exercise | Common Stock, $1 2/3 Par Value | 11,406.666 | $0.00 | -- |
| Tax Withholding | Common Stock, $1 2/3 Par Value | 5,820.378 | $93.14 | $542K |
Holdings After Transaction:
Restricted Share Right — 88,986.021 shares (Direct);
Common Stock, $1 2/3 Par Value — 156,388.305 shares (Direct)
Footnotes (1)
- Number of shares represents a Restricted Share Right ("RSR") vesting on February 5, 2026. Original grant date was October 22, 2024. This vesting represents 34% of the original amount of RSRs granted (plus reinvested dividend equivalents). Number of shares represents a RSR vesting on February 5, 2026. Original grant date was December 10, 2024. This vesting represents 35% of the original amount of RSRs granted (plus reinvested dividend equivalents). Number of shares represents a RSR vesting on February 5, 2026. Original grant date was January 28, 2025. This vesting represents one-third of the original amount of RSRs granted (plus reinvested dividend equivalents). Each RSR represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock. These RSRs vest in three installments: 36% on 2/5/2025, 34% on 2/5/2026, and 30% on 2/5/2027. 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. These RSRs vest in three installments: 59% on 2/5/2025, 35% on 2/5/2026, and 6% on 2/5/2027. 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. These RSRs vest in three installments: one-third on 2/5/2026, 2/5/2027, and 2/5/2028. 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
What insider transactions did WFC executive Bridget Engle report on February 5, 2026?
Bridget Engle reported vesting of multiple restricted share rights into Wells Fargo common stock on February 5, 2026. These included tranches of 100,851.9877, 2,787.3201, and 11,406.6658 RSRs, all converting at a zero exercise price into common shares.
Over what schedule do Bridget Engle’s Wells Fargo (WFC) RSR awards vest?
The footnotes describe three RSR awards vesting in installments, such as 36%, 34%, and 30% across 2025–2027, and another vesting one-third in 2026, 2027, and 2028. Each award requires holding company stock under Wells Fargo’s stock ownership policy.