[Form 4] WELLS FARGO & COMPANY/MN Insider Trading Activity
Rhea-AI Filing Summary
Wells Fargo & Company reported that its Sr. EVP & CFO, Michael P. Santomassimo, received a grant of 64,114 Restricted Share Rights (RSRs) on January 27, 2026 at a price of $0 per right. Each RSR represents a contingent right to receive one share of Wells Fargo common stock.
The RSRs vest in three equal installments on February 5, 2027, February 5, 2028, and February 5, 2029. As a condition of the award, he agreed to hold company shares in line with Wells Fargo’s Stock Ownership Policy during employment and for one year after retirement.
After the reported transactions, Santomassimo beneficially owns 404,606.5304 shares of common stock directly, plus 892.19 share equivalents through the Wells Fargo 401(k) ESOP fund and 1,000 shares through his spouse’s IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Right | 64,114 | $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 (1)
- 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. Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Company common stock. 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.