Rosenberg Jason M. 4

What Happened

• Jason M. Rosenberg, SEVP & Head of Public Affairs at Wells Fargo (WFC), was granted 17,755 Restricted Share Rights (RSRs) on 2026-01-27. The award shows an acquisition price of $0.00 (a compensation grant), so there was no cash purchase or sale.

Key Details

• Transaction date: 2026-01-27; Form 4 filed 2026-01-29 (within the standard 2-business-day reporting window).
• Grant: 17,755 RSRs at $0.00 (reporting code A = award/grant).
• 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).
• What an RSR is: each Restricted Share Right represents a contingent right to receive one share of Wells Fargo common stock upon vesting.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Holding requirement: the reporting person agreed to hold Company shares while employed and for one year after retirement per Wells Fargo’s Stock Ownership Policy (footnote).
• No tax-withholding sale or 10b5-1 plan noted in the filing excerpt.

Context

• This was a compensation grant, not an open-market purchase or sale, so it reflects company compensation practices rather than an immediate insider market signal. RSRs convert to actual shares only as they vest; any eventual value depends on Wells Fargo’s stock price at vesting.