Wells Fargo director granted 3,436 stock units
Morris Maria R reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Morris Maria R reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company director Maria R. Morris received a compensation-related equity award. She was granted 3,436 Common Stock Units on Company stock at a reference price of $81.50 per unit. Each unit represents the right to receive one share of common stock.
The Common Stock Units vested upon grant, but settlement is deferred until the later of her termination of service as a director or a later settlement date she elects. Following this award, her deferred Common Stock Unit balance is 17,851.9647 units, and she directly holds 4,253 shares of common stock.
Insider Trade Summary
Grant/Award: 3,436 shares
Grant/Award
2 txns
Insider
Morris Maria R
Role
Director
| 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 — 17,851.9647 contracts (Direct);
Common Stock, $1 2/3 Par Value — 4,253 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. Each Common Stock Unit represents a right to receive one share of Company common stock.
- F3. 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
Deferred units after grant: 17,851.9647 units
+2 more
5 metrics
Common Stock Units granted
3,436 units
Award of Common Stock Units on Company stock
Grant reference price
$81.50 per unit
Price associated with Common Stock Units grant
Deferred units after grant
17,851.9647 units
Total Common Stock Units held after award
Direct common shares held
4,253 shares
Common Stock, $1 2/3 Par Value, after transactions
Unit-to-share ratio
1 unit : 1 share
Each Common Stock Unit represents one share of common stock
Key Terms
Common Stock Units, vested upon grant, settlement deferred, dividend equivalents, +1 more
5 terms
Common Stock Units financial
"Common Stock Units vested upon grant with settlement deferred"
A common stock unit is a tradable ownership interest that represents one or more ordinary shares in a company, giving the holder a stake in profits, a claim on assets after creditors, and usually voting rights on corporate matters. For investors it matters because these units determine how much of the company you own, how much influence you have, and how returns or losses are shared—think of owning slices of a pie that can be increased or diluted by the company’s actions.
vested upon grant financial
"Common Stock Units vested upon grant with settlement deferred"
settlement deferred financial
"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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WFC director Maria R. Morris report in this Form 4 filing?
Maria R. Morris reported an award of 3,436 Common Stock Units tied to Wells Fargo & Company stock. These units vested immediately on grant and are structured as deferred compensation, settling in shares of common stock at a future date rather than as an immediate cash or stock transaction.
How many Wells Fargo (WFC) Common Stock Units were granted to Maria R. Morris?
She was granted 3,436 Common Stock Units linked to Wells Fargo & Company common stock. Each unit tracks the value of one common share, and the grant increased her deferred unit balance to 17,851.9647 units as of the reported transaction date in the filing.
When will the granted Wells Fargo Common Stock Units be settled for Maria R. Morris?
The Common Stock Units vested upon grant but will not settle immediately. Settlement is deferred until the later of her termination of service as a Wells Fargo & Company director or a later settlement date she has elected, at which time shares of common stock will be delivered.
What does each Wells Fargo Common Stock Unit represent for Maria R. Morris?
Each Common Stock Unit represents the right to receive one share of Wells Fargo & Company common stock. The award functions as deferred equity compensation, with units tracking share value and ultimately settling in actual shares once the specified deferral conditions in the filing are met.
How many Wells Fargo deferred Common Stock Units does Maria R. Morris hold after this award?
After this grant, she holds a total of 17,851.9647 Common Stock Units as deferred compensation. This figure includes the newly granted 3,436 units and previous holdings, as well as dividend equivalents that have been reinvested into additional units according to the filing footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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