Wells Fargo Director Wayne M. Hewett Acquires Phantom Stock Units
WELLS FARGO & COMPANY/MN
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Filing Summary
📋 SEC Form 4 Filing: Wells Fargo & Company ($WFC) Insider: Wayne M. Hewett (Director) Transaction Date: 2026-10-01 Type: Acquisition (Award/Deferred Compensation) Security: Phantom Stock Units Amount: 451.71 shares @ $80.25 (~$36,250.00) Post-Transaction Holdings: 42,707.45 Phantom Stock Units | 101 Common Shares
Comprehensive Analysis
Transaction Overview
On October 1, 2026, Wells Fargo & Company ($WFC) Director Wayne M. Hewett acquired 451.7134 Phantom Stock Units at a price of $80.25 per unit, representing a total transaction value of approximately $36,250.00.
Key Details
- Security: Phantom Stock Units, each representing the right to receive one share of common stock under the company's deferred compensation plan.
- Transaction Code: 'A' (Grant, award, or other acquisition pursuant to an employee benefit plan).
- Holdings Post-Transaction: Following this award, Mr. Hewett directly holds 42,707.4493 Phantom Stock Units (which includes dividend equivalents reinvested) alongside 101 shares of Wells Fargo Common Stock held directly.
Significance & Market Impact
This transaction carries Low trading significance. It reflects standard quarterly director compensation deferred into phantom stock units rather than an open-market purchase or sale.
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Important Disclaimer
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