Wells Fargo & Company: director Ronald Sargent received 529.595 shares

What happened

• Ronald Sargent, a director of Wells Fargo & Company, was granted 529.595 phantom stock units on Oct 1, 2026. The filing lists a per-share amount of $80.25 and a total value of $42,500. The transaction is reported as an award/grant (derivative).

Key details

• Transaction date and price: Oct 1, 2026; $80.25 per share; total $42,500.
• Shares owned after the transaction: Not stated in the filing.
• Footnotes from the filing: F1 — each phantom stock unit represents the right to receive one share of Wells Fargo & Company common stock; F2 — deferred compensation shares payable in a lump sum or installments based upon director's election; F3 — includes dividend equivalents reinvested in additional phantom stock units.
• Timeliness: Filing is not marked as late in the report.

Why it may matter

• This was an award of phantom stock units (a form of deferred compensation), not a market purchase or sale.
• A filing does not show why the insider traded or why the company acted.