SARGENT RONALD 4

What Happened
Ronald Sargent, a director of Wells Fargo & Company (WFC), was granted 3,436 Common Stock Units on 2026-04-28 at a reported grant value of $81.50 per unit, totaling $280,034. The transaction is recorded as an award/acquisition (transaction code A) and is a derivative grant (Common Stock Units), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-28; Filing date: 2026-04-30 (filed within the typical 2-business-day Form 4 window).
• Quantity and price: 3,436 Common Stock Units at $81.50 per unit; aggregate value $280,034.
• Type: Award/Grant of Common Stock Units (derivative).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: Units vested upon grant but settlement is deferred until the later of the director’s termination of service or a later settlement date elected by the director.
  • F2: Each Common Stock Unit represents a right to receive one share of Company common stock.
  • F3: Includes dividend equivalents that are reinvested in additional Common Stock Units.
• No indication in the excerpt of a 10b5-1 plan, cashless sale, or tax-withholding sale.

Context
This grant appears to be director compensation delivered as deferred Common Stock Units. Such deferred-unit awards are common for non-employee directors and represent a right to receive shares (or their cash equivalent) at a future settlement date rather than an immediate purchase or sale of stock. For investors, awards to directors are routine compensation events and do not by themselves indicate insider buying or selling sentiment.