Wells Fargo CEO granted 110,966 restricted share rights
Wells Fargo & Company Chairman and CEO Charles W. Scharf reported a grant of 110,966 Restricted Share Rights (RSRs) on January 27, 2026.
Rhea-AI Filing Summary
Wells Fargo & Company Chairman and CEO Charles W. Scharf reported a grant of 110,966 Restricted Share Rights (RSRs) on January 27, 2026. Each RSR represents a contingent right to receive one share of Wells Fargo common stock at no exercise price.
The RSRs vest in three equal installments on February 5, 2027, February 5, 2028, and February 5, 2029, and are subject to the company’s stock ownership policy, which requires him to hold shares while employed and for one year after retirement. Following this grant, he holds 1,056,234.1683 shares directly, plus 418.28 share equivalents through the 401(k) ESOP fund and 103 shares through a trust.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Right | 110,966 | $0.00 | $0.00 |
| 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 (3)
- F1. Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of December 31, 2025, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
- F2. Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Company common stock.
- F3. These RSRs vest in three installments: one-third on 2/5/2027, 2/5/2028, and 2/5/2029. 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.
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