I heard that phrase yesterday in a conversation. It was being used to describe why a person was the way that they were. It was used in the context of identity formation, but a father wound could definitely shape your sense of who you are.
Honestly, it could be a a Mother Wound as well; it could be any one really. It’s just that Father’s have that much of an impact on their children. And the main consequence is to compensate for the wound – whatever the wound it is. It can shape your sense of identity. It might explain why you do the things that you do.