Wells Fargo exec equity vesting, tax withholding
Wells Fargo & Company executive Jason M. Rosenberg, SEVP & Head of Public Affairs, reported equity compensation activity involving restricted share rights.
Rhea-AI Filing Summary
Wells Fargo & Company executive Jason M. Rosenberg, SEVP & Head of Public Affairs, reported equity compensation activity involving restricted share rights. On June 15, 2026, 17,217.8038 Restricted Share Rights vested into an equal number of common shares. To cover tax obligations, 8,079.4933 common shares were disposed of through share withholding rather than an open-market sale. After these transactions, Rosenberg directly holds 21,569.8560 shares of Wells Fargo common stock. The vested award represents the remaining half of a grant originally made on June 25, 2024, including dividend equivalents, and is subject to the company’s stock ownership policy.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Right | 17,217.8038 | $0.00 | $0.00 |
| Exercise | Common Stock, $1 2/3 Par Value | 17,217.8038 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $1 2/3 Par Value | 8,079.4933 | $83.73 | $676K |
Footnotes (3)
- F1. Number of shares represents a Restricted Share Right ("RSR") vesting on June 15, 2026. Original grant date was June 25, 2024. This vesting represents the remaining half of the original amount of RSRs granted (plus dividend equivalents reinvested in additional RSRs).
- F2. Each RSR represents a contingent right to receive one share of Wells Fargo & Company (the "Company") common stock.
- F3. These RSRs vest in two installments: half on 6/15/2025 and half on 6/15/2026. 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.
Key Figures
Key Terms
dividend equivalents financial
contingent right financial
Stock Ownership Policy financial
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