Wells Fargo executive vests shares, withholds for taxes
Wells Fargo & Company Sr.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Right | 100,851.9877 | $0.00 | $0.00 |
| Exercise | Restricted Share Right | 2,787.3201 | $0.00 | $0.00 |
| Exercise | Restricted Share Right | 11,406.6658 | $0.00 | $0.00 |
| Exercise | Common Stock, $1 2/3 Par Value | 100,851.9877 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $1 2/3 Par Value | 50,273.4862 | $93.14 | $4.68M |
| Exercise | Common Stock, $1 2/3 Par Value | 2,787.3201 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $1 2/3 Par Value | 1,010.0966 | $93.14 | $94K |
| Exercise | Common Stock, $1 2/3 Par Value | 11,406.6658 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $1 2/3 Par Value | 5,820.3783 | $93.14 | $542K |
Footnotes (7)
- F1. 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).
- F2. 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).
- F3. 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).
- F4. Each RSR represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock.
- F5. 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.
- F6. 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.
- F7. 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
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What insider transactions did WFC executive Bridget Engle report on February 5, 2026?
Over what schedule do Bridget Engle’s Wells Fargo (WFC) RSR awards vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.