Wells Fargo CEO Awarded Share Rights

NEW ( TheStreet)-- Wells Fargo's ( WFC) CEO John Stumpf has been awarded $766,676 in restricted-share rights for 2010.

In 2009, Stumpf received compensation of $21.3 million, including $13.1 million in stock awards, according to SEC filings.

Newly appointed CFO Timothy Sloan was awarded more than $716,000 in restricted share rights. He was among 11 Wells executives, including Stumpf, who were awarded a total of $3.5 million in restricted share rights. Sloan replaced CFO Howard Atkins earlier this month. Atkins' retirement was unplanned.

The stock awards vest on March 15 in three seperate installments from 2012 to 2014. The executives must retain 50% of the shares for at least one year after retirement.

--Written by Maria Woehr in New York.

To contact the writer of this article, click here: Maria Woehr.

To follow the writer on Twitter, go to http://twitter.com/newsgirlmw.

To submit a news tip, send an email to: tips@thestreet.com.

More from Stocks

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

Why Starbucks Latest Data Reveal Should Worry Investors

Why Starbucks Latest Data Reveal Should Worry Investors