Wells Fargo director granted 3,436 stock units
Wells Fargo & Company director Mark A. Chancy received a grant of 3,436 Common Stock Units on Company stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Wells Fargo & Company director Mark A. Chancy received a grant of 3,436 Common Stock Units on Company stock. These units were awarded at a reference price of $81.50 per unit and vested upon grant, with settlement deferred until the later of his termination of service as a director or a later date he elects.
Each Common Stock Unit represents the right to receive one share of Wells Fargo common stock, and the reported balance of 17,851.9647 units includes dividend equivalents reinvested in additional units. His direct holdings of common stock total 28,540.387 shares, which include shares acquired through a dividend reinvestment program since his prior Form 4 filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Units | 3,436 | $81.50 | $280K |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
Footnotes (4)
- F1. Includes shares acquired under a dividend reinvestment program since the reporting person's most recent filing on Form 4.
- F2. 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.
- F3. Each Common Stock Unit represents a right to receive one share of Company common stock.
- F4. Includes dividend equivalents reinvested in additional Common Stock Units.
Key Figures
Key Terms
Common Stock Units financial
dividend reinvestment program financial
dividend equivalents financial
deferred settlement financial
AI-generated analysis. How Rhea-AI works. Not financial advice.