Engle Bridget E. 4
Research Summary
AI-generated summary
Wells Fargo (WFC) Sr. Executive VP Bridget Engle Sells 30,000 Shares
What Happened
Bridget E. Engle, Senior Executive Vice President of Wells Fargo & Company (WFC), sold 30,000 shares of WFC stock in an open‑market transaction on February 26, 2026. The reported weighted average sale price was $87.10 per share, for a total proceeds value of approximately $2,613,000. This was a sale (not a purchase or option exercise); insider sales are common and do not by themselves indicate the insider’s view of the company.
Key Details
- Transaction date: February 26, 2026; Form 4 filed February 27, 2026 (appears timely).
- Transaction type/code: S — open market or private sale.
- Shares sold: 30,000; weighted average price reported: $87.10; total proceeds ≈ $2,613,000.
- Price range: shares were sold in multiple trades at prices between $87.00 and $87.24 (footnote). The filer offers to provide a breakdown of shares sold at each price on request.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- No indication in this filing of a 10b5‑1 trading plan, option exercise, gift, or tax‑withholding sale.
Context
This is a straightforward open‑market sale by a senior executive. Such sales can be routine (for diversification, liquidity, tax planning, etc.) and are not definitive signals of company performance. There were no derivative transactions or cashless exercises reported in this filing.