Wells Fargo (NYSE: WFC) EVP logs RSR vesting and tax share withholding
Rhea-AI Filing Summary
Wells Fargo & Company senior executive Kyle G. Hranicky reported multiple equity compensation events on February 5, 2026. Several Restricted Share Rights (RSRs) vested and were converted into common stock, including 13,767.12, 11,519.8851, and 9,542.8581 RSRs, each representing one share of common stock.
To cover tax withholding on these vestings, shares of common stock were automatically withheld at a price of $93.14 per share, using 5,618.9579, 3,089.2847, and 3,934.9374 shares in separate transactions. After these transactions, Hranicky directly held 96,767.1925 shares of Wells Fargo common stock and also reported indirect holdings, including 36,935.5 share equivalents through the 401(k) Plan and 114,029 shares through PCK Family Holdings LP, with certain indirect positions subject to beneficial ownership disclaimers.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Right | 13,767.12 | $0.00 | -- |
| Exercise | Restricted Share Right | 11,519.885 | $0.00 | -- |
| Exercise | Restricted Share Right | 9,542.858 | $0.00 | -- |
| Exercise | Common Stock, $1 2/3 Par Value | 13,767.12 | $0.00 | -- |
| Tax Withholding | Common Stock, $1 2/3 Par Value | 5,618.958 | $93.14 | $523K |
| Exercise | Common Stock, $1 2/3 Par Value | 11,519.885 | $0.00 | -- |
| Tax Withholding | Common Stock, $1 2/3 Par Value | 3,089.285 | $93.14 | $288K |
| Exercise | Common Stock, $1 2/3 Par Value | 9,542.858 | $0.00 | -- |
| Tax Withholding | Common Stock, $1 2/3 Par Value | 3,934.937 | $93.14 | $367K |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
Footnotes (1)
- Number of shares represents a Restricted Share Right ("RSR") vesting on February 5, 2026. Original grant date was January 24, 2023. This vesting represents one-third 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 23, 2024. This vesting represents one-third 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). Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of January 30, 2026, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any. The reporting person and his spouse jointly control the general partner of the limited partnership. Held in trust for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any. Each RSR represents a contingent right to receive one share of Company common stock. These RSRs vest in three installments: one-third on 2/5/2024, 2/5/2025, and 2/5/2026. 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 2/5/2025, 2/5/2026, and 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 transaction did WFC executive Kyle Hranicky report on this Form 4?
What indirect Wells Fargo holdings are reported for Kyle Hranicky on this Form 4?