Director at Wells Fargo (NYSE: WFC) awarded 3,436 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chancy Mark A
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 | -- | -- | -- |
Holdings After Transaction:
Common Stock Units — 17,851.965 shares (Direct, null);
Common Stock, $1 2/3 Par Value — 28,540.387 shares (Direct, null)
Footnotes (1)
- Includes shares acquired under a dividend reinvestment program since the reporting person's most recent filing on Form 4. 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 reference price: $81.50 per unit
Total Common Stock Units after grant: 17,851.9647 units
+1 more
4 metrics
Common Stock Units granted
3,436 units
Grant to director Mark A. Chancy on April 28, 2026
Grant reference price
$81.50 per unit
Price reported for Common Stock Unit award
Total Common Stock Units after grant
17,851.9647 units
Director’s deferred stock unit balance after transaction
Direct common shares held
28,540.387 shares
Common Stock holdings including dividend reinvestment program shares
Key Terms
Common Stock Units, dividend reinvestment program, dividend equivalents, deferred settlement
4 terms
Common Stock Units financial
"Common Stock Units vested upon grant with settlement deferred until the later of termination of service"
dividend reinvestment program financial
"Includes shares acquired under a dividend reinvestment program since the reporting person's most recent filing"
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
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.
deferred settlement financial
"with settlement deferred until the later of termination of service as a director"
