Last updated: 27 April 2023 at 5:36pm EST

Richard Payne Net Worth




The estimated Net Worth of Richard B Jr Payne is at least $16.1 Million dollars as of 16 February 2016. Mr. Payne owns over 56,059 units of Wells Fargo & Co stock worth over $7,344,569 and over the last 18 years he sold WFC stock worth over $8,619,594. In addition, he makes $128,871 as Independent Director at Wells Fargo & Co.

Mr. Payne WFC stock SEC Form 4 insiders trading

Richard has made over 33 trades of the Wells Fargo & Co stock since 2007, according to the Form 4 filled with the SEC. Most recently he sold 56,059 units of WFC stock worth $2,250,208 on 16 February 2016.

The largest trade he's ever made was exercising 118,194 units of Wells Fargo & Co stock on 28 January 2014 worth over $3,759,751. On average, Richard trades about 24,248 units every 58 days since 2007. As of 16 February 2016 he still owns at least 136,694 units of Wells Fargo & Co stock.

You can see the complete history of Mr. Payne stock trades at the bottom of the page.





Richard Payne biography

Richard B. Payne Jr. serves as Independent Director of the Company. Mr. Payne served as vice chairman, Wholesale Banking, of U.S. Bancorp from November 2010 until he retired in April 2016, and as vice chairman, Corporate Banking, at U.S. Bancorp, Minneapolis, Minnesota from July 2006 to November 2010. Prior to joining U.S. Bancorp, he served as executive vice president for National City Corporation, Cleveland, Ohio, from 2001 to 2006. Prior to joining National City, Mr. Payne was a managing director at First Union Corporation and served in various roles of increasing responsibility in corporate banking at Bank of America Corporation predecessor banks. He also served in the corporate finance group of Morgan Stanley and in roles of increasing responsibility at a predecessor bank of JPMorgan Chase & Co. Mr. Payne has a Bachelor of Arts from the University of Virginia and a M.B.A. from Harvard Business School.

What is the salary of Richard Payne?

As the Independent Director of Wells Fargo & Co, the total compensation of Richard Payne at Wells Fargo & Co is $128,871. There are 20 executives at Wells Fargo & Co getting paid more, with Charles Scharf having the highest compensation of $34,286,600.



How old is Richard Payne?

Richard Payne is 72, he's been the Independent Director of Wells Fargo & Co since 2019. There are no older and 30 younger executives at Wells Fargo & Co.

What's Richard Payne's mailing address?

Richard's mailing address filed with the SEC is 420 MONTGOMERY STREET, , SAN FRANCISCO, CA, 94104.

Insiders trading at Wells Fargo & Co

Over the last 8 years, insiders at Wells Fargo & Co have traded over $39,815,988 worth of Wells Fargo & Co stock and bought 216,855 units worth $6,665,907 . The most active insiders traders include Richard K Davis, John S Chen, and Charles W Scharf. On average, Wells Fargo & Co executives and independent directors trade stock every 12 days with the average trade being worth of $2,625,893. The most recent stock trade was executed by Tracy M Kerrins on 15 March 2024, trading 5,955 units of WFC stock currently worth $319,962.



What does Wells Fargo & Co do?

Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide.



What does Wells Fargo & Co's logo look like?

Wells Fargo & Co. logo

Complete history of Mr. Payne stock trades at U.S. Bancorp and Wells Fargo & Co

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
16 Feb 2016 Richard B Jr Payne
Vice Chairman
Sale 56,059 $40.14 $2,250,208
16 Feb 2016
136,694
6 Nov 2015 Richard B Jr Payne
Vice Chairman
Option 50,000 $31.04 $1,552,000
6 Nov 2015
96,451
28 Oct 2015 Richard B Jr Payne
Vice Chairman
Option 50,000 $31.04 $1,552,000
28 Oct 2015
96,451
8 May 2015 Richard B Jr Payne
Vice Chairman
Sale 25,000 $43.83 $1,095,750
8 May 2015
46,426
19 Feb 2015 Richard B Jr Payne
Vice Chairman
Option 11,793 $44.32 $522,666
19 Feb 2015
77,099
14 Feb 2015 Richard B Jr Payne
Vice Chairman
Option 47,795 $45.07 $2,154,121
14 Feb 2015
87,420
5 Feb 2015 Richard B Jr Payne
Vice Chairman
Option 100,000 $31.04 $3,104,000
5 Feb 2015
125,587
22 Jan 2015 Richard B Jr Payne
Vice Chairman
Option 50,000 $31.04 $1,552,000
22 Jan 2015
89,625
18 Nov 2014 Richard B Jr Payne
Vice Chairman
Option 50,000 $31.04 $1,552,000
18 Nov 2014
89,613
13 Aug 2014 Richard B Jr Payne
Vice Chairman
Sale 12,000 $41.34 $496,080
13 Aug 2014
39,601
30 Jul 2014 Richard B Jr Payne
Vice Chairman
Option 49,118 $35.76 $1,756,460
30 Jul 2014
100,719
24 Jul 2014 Richard B Jr Payne
Vice Chairman
Option 70,000 $35.76 $2,503,200
24 Jul 2014
121,601
18 Jul 2014 Richard B Jr Payne
Vice Chairman
Option 105,000 $35.76 $3,754,800
18 Jul 2014
156,601
30 Apr 2014 Richard B Jr Payne
Vice Chairman
Option 70,000 $35.76 $2,503,200
30 Apr 2014
121,589
22 Apr 2014 Richard B Jr Payne
Vice Chairman
Sale 30,000 $40.71 $1,221,300
22 Apr 2014
51,589
14 Feb 2014 Richard B Jr Payne
Vice Chairman
Option 59,688 $40.79 $2,434,674
14 Feb 2014
102,191
31 Jan 2014 Richard B Jr Payne
Vice Chairman
Option 50,000 $13.10 $655,000
31 Jan 2014
99,606
28 Jan 2014 Richard B Jr Payne
Vice Chairman
Option 118,194 $31.81 $3,759,751
28 Jan 2014
167,800
8 May 2013 Richard B Jr Payne
Vice Chairman
Sale 30,000 $33.23 $996,900
8 May 2013
49,570
2 Mar 2013 Richard B Jr Payne
Vice Chairman
Option 13,361 $34.01 $454,408
2 Mar 2013
85,999
16 Feb 2013 Richard B Jr Payne
Vice Chairman
Option 40,905 $33.91 $1,387,089
16 Feb 2013
90,303
14 Feb 2013 Richard B Jr Payne
Vice Chairman
Option 12,428 $33.99 $422,428
14 Feb 2013
53,565
18 Oct 2012 Richard B Jr Payne
Vice Chairman
Sale 57,000 $34.45 $1,963,650
18 Oct 2012
41,125
14 May 2012 Richard B Jr Payne
Vice Chairman
Sale 6,000 $31.80 $190,800
14 May 2012
47,966
24 Apr 2012 Richard B Jr Payne
Vice Chairman
Option 50,000 $13.10 $655,000
24 Apr 2012
103,966
2 Mar 2012 Richard B Jr Payne
Vice Chairman
Option 13,358 $29.27 $390,989
2 Mar 2012
59,670
15 Feb 2012 Richard B Jr Payne
Vice Chairman
Option 24,140 $28.63 $691,128
15 Feb 2012
54,231
2 Mar 2011 Richard B Jr Payne
Vice Chairman
Option 13,358 $26.85 $358,662
2 Mar 2011
35,626
16 Feb 2011 Richard B Jr Payne
Vice Chairman
Option 11,894 $28.70 $341,358
16 Feb 2011
26,158
15 Nov 2010 Richard B Jr Payne
Vice Chairman
Sale 9,924 $24.93 $247,405
15 Nov 2010
16,961
2 Mar 2010 Richard B Jr Payne
Vice Chairman
Option 13,358 $24.74 $330,477
2 Mar 2010
35,288
13 Aug 2009 Richard B Jr Payne
Vice Chairman
Sale 7,000 $22.50 $157,500
13 Aug 2009
21,930
9 Aug 2007 Richard B Jr Payne
Vice Chairman
Buy 2,000 $30.22 $60,440
9 Aug 2007
2,000


Wells Fargo & Co executives and stock owners

Wells Fargo & Co executives and other stock owners filed with the SEC include: