Wells Fargo (NYSE: WFC) director Richard K. Davis awarded 3,436 deferred stock units
Rhea-AI Filing Summary
DAVIS RICHARD K reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company director Richard K. Davis reported a compensation grant of Common Stock Units. He received 3,436 Common Stock Units at a reference price of $81.50 per unit, each representing the right to receive one share of Wells Fargo common stock.
The units vested upon grant, but settlement is deferred until after he leaves the board or a later elected date. Following this award and reinvested dividend equivalents, Davis holds 17,851.9647 Common Stock Units and 4,244 shares of Wells Fargo common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DAVIS RICHARD K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Units | 3,436 | $81.50 | $280K |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
Holdings After Transaction:
Common Stock Units — 17,851.9647 shares (Direct);
Common Stock, $1 2/3 Par Value — 4,244 shares (Direct)
Footnotes (3)
- F1. Common Stock Units vested upon grant with settlement deferred until the later of termination of service as a director of Wells Fargo & Company (the "Company") or such later settlement date elected by the director.
- F2. Each Common Stock Unit represents a right to receive one share of Company common stock.
- F3. Includes dividend equivalents reinvested in additional Common Stock Units.
Key Figures
Common Stock Units granted: 3,436 units
Grant reference price: $81.50 per unit
Total Common Stock Units after grant: 17,851.9647 units
+1 more
4 metrics
Common Stock Units granted
3,436 units
Director equity award on April 28, 2026
Grant reference price
$81.50 per unit
Common Stock Units award value
Total Common Stock Units after grant
17,851.9647 units
Holdings following reported transactions
Common shares held directly
4,244 shares
Common Stock, $1 2/3 Par Value, direct ownership
Key Terms
Common Stock Units, dividend equivalents, settlement deferred
3 terms
Common Stock Units financial
"Common Stock Units vested upon grant with settlement deferred until the later of termination of service"
A common stock unit is a tradable ownership interest that represents one or more ordinary shares in a company, giving the holder a stake in profits, a claim on assets after creditors, and usually voting rights on corporate matters. For investors it matters because these units determine how much of the company you own, how much influence you have, and how returns or losses are shared—think of owning slices of a pie that can be increased or diluted by the company’s actions.
dividend equivalents financial
"Includes dividend equivalents reinvested in additional Common Stock Units."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
settlement deferred financial
"vested upon grant with settlement deferred until the later of termination of service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
