Wells Fargo GC granted 53,264 restricted share rights
Wells Fargo & Company Senior EVP and General Counsel Ellen R. Patterson reported an equity compensation grant and updated share holdings.
Rhea-AI Filing Summary
Wells Fargo & Company Senior EVP and General Counsel Ellen R. Patterson reported an equity compensation grant and updated share holdings. On 01/27/2026 she was awarded 53,264 Restricted Share Rights (RSRs), each representing a contingent right to receive one share of Wells Fargo common stock at no exercise price.
The RSRs vest in three equal installments on 02/05/2027, 02/05/2028, and 02/05/2029, subject to continued employment and a stock ownership holding requirement during employment and for one year after retirement. Following this report, she beneficially owned 198,698.9798 common shares directly and 1,290.16 share equivalents indirectly through the 401(k) ESOP fund as of December 31, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Right | 53,264 | $0.00 | $0.00 |
| 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.
FAQ
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What insider transaction did WFC executive Ellen Patterson report on this Form 4?
What stock ownership commitment did WFC require for Ellen Patterson’s RSR grant?
What does Ellen Patterson’s 401(k) ESOP position at Wells Fargo represent?
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