Felicia Norwood receives 3,436 deferred stock units at Wells Fargo (NYSE: WFC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Norwood Felicia F reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company director Felicia F. Norwood received a grant of 3,436 Common Stock Units, each representing one share of Wells Fargo common stock. The units vested upon grant, but settlement is deferred until at least her termination of service as a director or a later elected date, and include dividend equivalents reinvested in additional units.
After this grant, she directly holds 17,851.9647 Common Stock Units, along with direct holdings of common stock and several series of Wells Fargo preferred shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Norwood Felicia F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Units | 3,436 | $81.50 | $280K |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| holding | Preferred Shares, Series AA | -- | -- | -- |
| holding | Preferred Shares, Series DD | -- | -- | -- |
| holding | Preferred Shares, Series L | -- | -- | -- |
| holding | Preferred Shares, Series Z | -- | -- | -- |
Holdings After Transaction:
Common Stock Units — 17,851.965 shares (Direct, null);
Common Stock, $1 2/3 Par Value — 5,384 shares (Direct, null);
Preferred Shares, Series AA — 152 shares (Direct, null);
Preferred Shares, Series DD — 247 shares (Direct, null);
Preferred Shares, Series L — 11 shares (Direct, null);
Preferred Shares, Series Z — 228 shares (Direct, null)
Footnotes (1)
- 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. Each Common Stock Unit represents a right to receive one share of Company common stock. Includes dividend equivalents reinvested in additional Common Stock Units.
Key Figures
Common Stock Units granted: 3,436 units
Grant value per unit: $81.50 per unit
Common Stock Units after grant: 17,851.9647 units
+3 more
6 metrics
Common Stock Units granted
3,436 units
Grant to director Felicia F. Norwood on 2026-04-28
Grant value per unit
$81.50 per unit
Transaction price per Common Stock Unit
Common Stock Units after grant
17,851.9647 units
Total deferred units directly held after transaction
Common stock held
5,384 shares
Direct holdings of Wells Fargo common stock after transaction
Preferred Shares, Series Z
228 shares
Direct holdings of Wells Fargo Preferred Shares, Series Z
Preferred Shares, Series AA
152 shares
Direct holdings of Wells Fargo Preferred Shares, Series AA
Key Terms
Common Stock Units, dividend equivalents, Preferred Shares, Series Z, Preferred Shares, Series DD
4 terms
Common Stock Units financial
"Common Stock Units vested upon grant with settlement deferred until the later of termination of service"
dividend equivalents financial
"Includes dividend equivalents reinvested in additional Common Stock Units."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
FAQ
What insider transaction did Wells Fargo (WFC) disclose for Felicia F. Norwood?
Wells Fargo disclosed that director Felicia F. Norwood received a grant of 3,436 Common Stock Units. These units vest immediately but will be settled in Wells Fargo common shares at a future date, tied to the end of her board service or a later elected time.
What are Common Stock Units in the Wells Fargo (WFC) Form 4 filing?
Common Stock Units are deferred equity awards, each representing a right to receive one share of Wells Fargo common stock. In this filing, they vested upon grant, with settlement deferred, and they accumulate dividend equivalents that are reinvested into additional units over time.
How many Wells Fargo (WFC) Common Stock Units does Felicia Norwood hold after this award?
Following the grant, Felicia Norwood directly holds 17,851.9647 Common Stock Units. This total includes the 3,436 units reported in the transaction and additional units accumulated through prior awards and reinvested dividend equivalents disclosed in the Form 4 footnotes.
What other Wells Fargo (WFC) securities does Felicia Norwood hold according to the Form 4?
Besides Common Stock Units, Felicia Norwood directly holds 5,384 shares of Wells Fargo common stock and small positions in multiple preferred share series, including Series Z, Series L, Series DD, and Series AA, with each series reported separately in the Form 4 holdings table.