Form 4: Wells Fargo Director Theodore F. Craver Jr. Reports Stock Transactions

Director Theodore F. Craver Jr. reports acquisition and disposal of Wells Fargo common stock and common stock units.

Summary

• Theodore F. Craver Jr., a director of Wells Fargo & Company, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• On April 30, 2024, Craver disposed of 89 shares of Common Stock, $1 2/3 Par Value.
• Also on April 30, 2024, Craver acquired 4,046 Common Stock Units, each representing a right to receive one share of Company common stock.
• Craver directly owns 0 shares of Common Stock, $1 2/3 Par Value.
• Craver indirectly owns 27,112 shares of Common Stock, $1 2/3 Par Value through a revocable trust.
• Craver indirectly owns 6,000 shares of Common Stock, $1 2/3 Par Value through an irrevocable trust.
• Following the reported transactions, Craver beneficially owns 10,106.1884 derivative securities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the trading activities of a company director.

Key Dates