Hranicky Kyle G 4

What Happened

• Kyle G. Hranicky, Senior Executive Vice President of Wells Fargo & Company (WFC), was granted 29,591 restricted share rights (RSRs) on 2026-01-27. The Form 4 reports the award at $0.00 per unit (derivative grant); the filing lists a reported dollar value of $0 for the acquisition event itself. RSRs are contingent rights that convert to common shares if vesting conditions are met.

Key Details

• Transaction date: 2026-01-27; Form 4 filed: 2026-01-29 (filed within the typical 2-business-day window).
• Transaction type/code: Award/Grant (A), derivative security (Restricted Share Rights).
• Amount: 29,591 RSRs reported at $0.00 (no cash paid shown on the Form 4).
• Vesting: RSRs vest in three installments — one-third on 2/5/2027, one-third on 2/5/2028, and one-third on 2/5/2029 (footnote F6).
• RSR definition: Each RSR represents a contingent right to receive one share of company common stock (footnote F5).
• Holding requirement: As a condition of the grant, the reporting person agreed to hold required shares while employed and for one year after retirement under the Company’s Stock Ownership Policy (F6).
• Disclaimers/other notes: The filing includes standard disclaimers about beneficial ownership limited to pecuniary interest (F2, F4) and notes regarding ESOP share-equivalents and family control in other holdings (F1, F3).
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.

Context

• This was a compensation grant (derivative award), not an open-market purchase or sale. RSRs are not immediately tradable stock; they become shares only if and when they vest according to the stated schedule. Compensation grants like this are routine for senior executives and reflect awarded equity subject to vesting and holding rules rather than an immediate trading decision.