Fercho Kristy 4
4 · WELLS FARGO & COMPANY/MN · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Wells Fargo (WFC) Sr. EVP Kristy Fercho Receives Equity Award
What Happened Kristy Fercho, Senior Executive Vice President of Wells Fargo & Company (WFC), was granted 27,619 restricted share rights (RSRs) on January 27, 2026. The award is reported as a derivative acquisition at $0.00 per share (i.e., a company equity grant rather than a market purchase). Each RSR is a contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction date: 2026-01-27; filing date: 2026-01-29 (appears timely under Form 4 rules).
- Instrument and amount: 27,619 Restricted Share Rights (derivative grant) at $0.00.
- Vesting schedule (footnote F4): vests in three equal installments — one-third on 2/5/2027, one-third on 2/5/2028, and one-third on 2/5/2029.
- Footnotes of note:
- F2: Each RSR = contingent right to one share.
- F3: 100% of this equity award was granted as RSRs.
- F4: Grant subject to Company Stock Ownership Policy — required hold while employed and for one year after retirement.
- F1: References ESOP Fund share equivalents in the 401(k) Plan used in ownership reporting (as of 12/31/2025).
- Shares owned after transaction: not specified in the filing.
Context This was an equity compensation grant (award), not a market buy or sell. RSRs convert to actual shares only as they vest, so the award does not represent immediately tradable stock. Such grants are routine for executives as part of long-term compensation and do not by themselves indicate a personal market purchase or sale.
Insider Transaction Report
- Award
Restricted Share Right
[F2][F3][F4]2026-01-27+27,619→ 27,619 total→ Common Stock, $1 2/3 Par Value (27,619 underlying)
- 65,914.308
Common Stock, $1 2/3 Par Value
- 736.51(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
[F1]
Footnotes (4)
- [F1]Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of December 31, 2025, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
- [F2]Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Company common stock.
- [F3]The reporting person received 100% of her equity award grant as RSRs.
- [F4]These RSRs vest in three installments: one-third on 2/5/2027, 2/5/2028, and 2/5/2029. 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.