Wells Fargo (NYSE: WFC) EVP Santos logs RSR vesting, tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wells Fargo & Company senior executive Kleber Santos reported multiple stock vesting and tax withholding transactions. On February 5, 2026, several blocks of Restricted Share Rights vested, converting into common stock at an exercise price of $0, consistent with equity compensation awards.
To cover tax obligations on these vestings, the company withheld shares in multiple transactions coded "F" at a price of $93.14 per share. After these events, Santos directly owned 104,875.5288 shares of common stock and indirectly held 892.58 share equivalents through the company 401(k) plan as of the stated dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
49,047.552 shares exercised/converted
Mixed
10 txns
Insider
Santos Kleber
Role
Sr. Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Right | 14,423.776 | $0.00 | -- |
| Exercise | Restricted Share Right | 19,224.573 | $0.00 | -- |
| Exercise | Restricted Share Right | 15,399.203 | $0.00 | -- |
| Exercise | Common Stock, $1 2/3 Par Value | 14,423.776 | $0.00 | -- |
| Tax Withholding | Common Stock, $1 2/3 Par Value | 7,087.147 | $93.14 | $660K |
| Exercise | Common Stock, $1 2/3 Par Value | 19,224.573 | $0.00 | -- |
| Tax Withholding | Common Stock, $1 2/3 Par Value | 9,449.355 | $93.14 | $880K |
| Exercise | Common Stock, $1 2/3 Par Value | 15,399.203 | $0.00 | -- |
| Tax Withholding | Common Stock, $1 2/3 Par Value | 5,969.015 | $93.14 | $556K |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
Holdings After Transaction:
Restricted Share Right — 0 shares (Direct);
Common Stock, $1 2/3 Par Value — 92,757.27 shares (Direct);
Common Stock, $1 2/3 Par Value — 892.58 shares (Indirect, Through 401(k) Plan)
Footnotes (1)
- Number of shares represents a Restricted Share Right ("RSR") vesting on February 5, 2026. Original grant date was January 24, 2023. This vesting represents one-third of the original amount of RSRs granted (plus reinvested dividend equivalents). Number of shares represents a RSR vesting on February 5, 2026. Original grant date was January 23, 2024. This vesting represents one-third of the original amount of RSRs granted (plus reinvested dividend equivalents). Number of shares represents a RSR vesting on February 5, 2026. Original grant date was January 28, 2025. This vesting represents one-third of the original amount of RSRs granted (plus reinvested dividend equivalents). 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. Each RSR represents a contingent right to receive one share of Company common stock. These RSRs vest in three installments: one-third on 2/5/2024, 2/5/2025, and 2/5/2026. 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. These RSRs vest in three installments: one-third on 2/5/2025, 2/5/2026, and 2/5/2027. 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. These RSRs vest in three installments: one-third on 2/5/2026, 2/5/2027, and 2/5/2028. 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.
