Form 4: Wells Fargo Executive Kyle G. Hranicky Reports Gift of Shares to Children

Wells Fargo's Sr. Executive Vice President, Kyle G. Hranicky, reported gifting shares of common stock to his children on February 28, 2024.

Summary

• On February 28, 2024, Kyle G. Hranicky, a Sr. Executive Vice President at Wells Fargo & Company, reported a transaction involving the company's common stock.
• The transaction involved a gift of 670 shares to each of his three children.
• Hranicky also has beneficial ownership through COH Trust, KGH Trust, PAH Trust, 401(k) Plan, PCK Family Holdings LP, and another trust.
• Following the reported transactions, Hranicky directly owns 35,966.8166 shares.
• He also indirectly owns shares through various trusts and plans, including 4,470 shares through each of COH Trust, KGH Trust and PAH Trust, 34,662.57 shares through the 401(k) Plan, 114,029 shares through PCK Family Holdings LP, and 2,225 shares through another trust.
• Hranicky disclaims beneficial ownership of shares held in certain trusts, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a gift of shares. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like Kyle G. Hranicky, transact in their company's stock. These filings provide transparency into the trading activities of those with privileged information.

Key Dates