Wells Fargo & Company/MN: director Steven D Black received 1,152.648 shares

What happened

• Steven D Black, a director, received 1,152.648 derivative shares (reported as a grant/award) on Oct 1, 2026. The filing lists a price of $80.25 per unit and a total value of $92,500.

Key details

• Transaction date and price: Oct 1, 2026 at $80.25 per unit.
• Filing date: Oct 5, 2026; the filing excerpt does not indicate it was late.
• Shares owned after the transaction: amount owned following the reported transaction is not stated in the provided filing excerpt.
• Relevant footnotes from the filing:
  • F2: each Phantom Stock Unit represents the right to receive one share of Wells Fargo & Company common stock.
  • F3: deferred compensation shares payable in a lump sum or installments based upon director's election.
  • F4: includes dividend equivalents reinvested in additional Phantom Stock Units.
  • F1: includes shares acquired under a dividend reinvestment program since the reporting person's most recent Form 4.

Why it may matter

• The filing reports a derivative grant of Phantom Stock Units to a director; it does not report a market sale or purchase of common stock. A filing does not show why the insider traded or why the company acted.