Wells Fargo director granted 3,436 stock units
DAVIS RICHARD K reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Units | 3,436 | $81.50 | $280K |
| Holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
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
Key Terms
Common Stock Units financial
dividend equivalents financial
settlement deferred financial
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