Wells Fargo (NYSE: WFC) EVP gets 57,822 performance shares
Rhea-AI Filing Summary
Hranicky Kyle G reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company senior executive Kyle G. Hranicky received an equity award tied to company performance. He was granted 57,821.9043 "2023 Performance Shares" on February 26, 2026, recorded at a price of $0.0000 per unit as a grant, not a market purchase.
Each Performance Share represents a contingent right to receive one share of Wells Fargo common stock. The number of units reflects financial performance over a three-year period ending December 31, 2025, under an award originally granted on January 24, 2023. As a condition of the grant, he agreed to hold company stock while employed and for one year after retirement, consistent with Wells Fargo’s stock ownership policy.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2023 Performance Shares | 57,821.904 | $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 | -- | -- | -- |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| 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 January 30, 2026, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any. The reporting person and his spouse jointly control the general partner of the limited partnership. Held in trust for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any. Each Performance Share represents a contingent right to receive one share of Company common stock. Represents the number of 2023 Performance Shares (including reinvested dividend equivalents) determined based on financial performance for the three-year performance period ended December 31, 2025 pursuant to the terms and conditions of a Performance Share award granted on January 24, 2023, which is exempt under Rule 16b-3(d). 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.
