Wells Fargo Director Ronald Sargent Receives Quarterly Phantom Stock Grant
WELLS FARGO & COMPANY/MN
Subscribe to track WFC
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
{
"title": "Wells Fargo & Co (WFC) - Form 4 Filing",
"color": 3447003,
"fields": [
{
"name": "Insider",
"value": "Ronald Sargent (Director)",
"inline": true
},
{
"name": "Transaction Type",
"value": "Award / Grant (Code A)",
"inline": true
},
{
"name": "Security",
"value": "Phantom Stock Units",
"inline": true
},
{
"name": "Shares",
"value": "529.595 @ $80.25",
"inline": true
},
{
"name": "Total Value",
"value": "$42,500.00",
"inline": true
},
{
"name": "Post-Transaction Holdings",
"value": "72,073.44 Phantom Units\n18,131 Common Shares",
"inline": true
}
],
"footer": {
"text": "Filing Date: 2026-10-05"
}
}
Comprehensive Analysis
Transaction Overview
On October 1, 2026, Wells Fargo & Company director Ronald Sargent acquired 529.595 Phantom Stock Units at a price of $80.25 per share, representing an aggregate value of approximately $42,500. The units were granted under the company's director deferred compensation plan.
Nature of Holdings
- Derivative Holdings: Following this award, Sargent holds 72,073.4427 Phantom Stock Units directly. Each unit represents the right to receive one share of Wells Fargo common stock, payable upon retirement or director election in accordance with plan terms.
- Direct/Indirect Common Stock: Sargent continues to beneficially own 81 shares of common stock directly and 18,050 shares indirectly through a revocable trust.
Market and Governance Assessment
This acquisition represents standard non-employee director compensation via deferred equity units rather than an open-market purchase or sale. Because the transaction reflects programmatic board compensation, its informational value regarding corporate outlook is considered Low.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.