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Wells Fargo (WFC) EVP Muneera Carr exercises share awards and disposes stock

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Wells Fargo & Company executive Muneera S. Carr reported equity compensation activity involving company stock. On February 5, 2026, she exercised three tranches of Restricted Share Rights, receiving 9,097.5606, 8,376.1829, and 6,029.7736 shares of common stock at an exercise price of $0 per share.

On the same date, she disposed of 3,019.6905, 1,846.2496, and 2,236.0087 shares of common stock at $93.14 per share. After these transactions, she directly held 96,593.8729 Wells Fargo common shares and indirectly held 1,263.92 share equivalents through the company 401(k) plan.

Positive

  • None.

Negative

  • None.
Insider Carr Muneera S
Role EVP, CAO & Controller
Type Security Shares Price Value
Exercise Restricted Share Right 9,097.561 $0.00 --
Exercise Restricted Share Right 8,376.183 $0.00 --
Exercise Restricted Share Right 6,029.774 $0.00 --
Exercise Common Stock, $1 2/3 Par Value 9,097.561 $0.00 --
Tax Withholding Common Stock, $1 2/3 Par Value 3,019.691 $93.14 $281K
Exercise Common Stock, $1 2/3 Par Value 8,376.183 $0.00 --
Tax Withholding Common Stock, $1 2/3 Par Value 1,846.25 $93.14 $172K
Exercise Common Stock, $1 2/3 Par Value 6,029.774 $0.00 --
Tax Withholding Common Stock, $1 2/3 Par Value 2,236.009 $93.14 $208K
holding Common Stock, $1 2/3 Par Value -- -- --
Holdings After Transaction: Restricted Share Right — 9,096.517 shares (Direct); Common Stock, $1 2/3 Par Value — 89,289.865 shares (Direct); Common Stock, $1 2/3 Par Value — 1,263.92 shares (Indirect, Through 401(k) Plan)
Footnotes (1)
  1. Number of shares represents a Restricted Share Right ("RSR") vesting on February 5, 2026. Original grant date was January 24, 2023. This vesting represents one-fourth of the original amount of RSRs granted (plus reinvested dividend equivalents). Number of shares represents a RSR vesting on February 5, 2026. Original grant date was January 23, 2024. This vesting represents one-fourth of the original amount of RSRs granted (plus reinvested dividend equivalents). Number of shares represents a RSR vesting on February 5, 2026. Original grant date was January 28, 2025. This vesting represents one-fourth of the original amount of RSRs granted (plus reinvested dividend equivalents). Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of January 30, 2026, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock. Each RSR represents a contingent right to receive one share of Company common stock. These RSRs vest in four installments: one-fourth on 2/5/2024, 2/5/2025, 2/5/2026, and 2/5/2027. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy. These RSRs vest in four installments: one-fourth on 2/5/2025, 2/5/2026, 2/5/2027, and 2/5/2028. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy. These RSRs vest in four installments: one-fourth on 2/5/2026, 2/5/2027, 2/5/2028, and 2/5/2029. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Carr Muneera S
(Last) (First) (Middle)
401 LAS COLINAS BLVD W BLDG B
(Street)
IRVING TX 75039
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WELLS FARGO & COMPANY/MN [ WFC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CAO & Controller
3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $1 2/3 Par Value 02/05/2026 M 9,097.5606(1) A $0 89,289.8652 D
Common Stock, $1 2/3 Par Value 02/05/2026 F 3,019.6905 D $93.14 86,270.1747 D
Common Stock, $1 2/3 Par Value 02/05/2026 M 8,376.1829(2) A $0 94,646.3576 D
Common Stock, $1 2/3 Par Value 02/05/2026 F 1,846.2496 D $93.14 92,800.108 D
Common Stock, $1 2/3 Par Value 02/05/2026 M 6,029.7736(3) A $0 98,829.8816 D
Common Stock, $1 2/3 Par Value 02/05/2026 F 2,236.0087 D $93.14 96,593.8729 D
Common Stock, $1 2/3 Par Value 1,263.92(4) I Through 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Right (5) 02/05/2026 M 9,097.5606 (6) (6) Common Stock, $1 2/3 Par Value 9,097.5606 $0 9,096.5167 D
Restricted Share Right (5) 02/05/2026 M 8,376.1829 (7) (7) Common Stock, $1 2/3 Par Value 8,376.1829 $0 16,751.3534 D
Restricted Share Right (5) 02/05/2026 M 6,029.7736 (8) (8) Common Stock, $1 2/3 Par Value 6,029.7736 $0 18,086.3554 D
Explanation of Responses:
1. Number of shares represents a Restricted Share Right ("RSR") vesting on February 5, 2026. Original grant date was January 24, 2023. This vesting represents one-fourth of the original amount of RSRs granted (plus reinvested dividend equivalents).
2. Number of shares represents a RSR vesting on February 5, 2026. Original grant date was January 23, 2024. This vesting represents one-fourth of the original amount of RSRs granted (plus reinvested dividend equivalents).
3. Number of shares represents a RSR vesting on February 5, 2026. Original grant date was January 28, 2025. This vesting represents one-fourth of the original amount of RSRs granted (plus reinvested dividend equivalents).
4. Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of January 30, 2026, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
5. Each RSR represents a contingent right to receive one share of Company common stock.
6. These RSRs vest in four installments: one-fourth on 2/5/2024, 2/5/2025, 2/5/2026, and 2/5/2027. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.
7. These RSRs vest in four installments: one-fourth on 2/5/2025, 2/5/2026, 2/5/2027, and 2/5/2028. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.
8. These RSRs vest in four installments: one-fourth on 2/5/2026, 2/5/2027, 2/5/2028, and 2/5/2029. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.
Muneera S. Carr, by Meghan Daly, as Attorney-in-Fact 02/09/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did WFC executive Muneera S. Carr report?

Muneera S. Carr reported exercising Restricted Share Rights into Wells Fargo common stock and disposing of a portion of those shares on February 5, 2026. The filing details multiple equity award conversions and subsequent share dispositions, along with her updated direct and 401(k) plan-related holdings.

How many Wells Fargo (WFC) shares did Muneera S. Carr acquire through award vesting?

On February 5, 2026, Carr acquired 9,097.5606, 8,376.1829, and 6,029.7736 Wells Fargo common shares through the vesting and exercise of Restricted Share Rights. Each award converted into common stock at an exercise price of $0 per share under the company’s equity compensation arrangements.

How many Wells Fargo (WFC) shares did Muneera S. Carr dispose of and at what price?

Carr disposed of 3,019.6905, 1,846.2496, and 2,236.0087 Wells Fargo common shares on February 5, 2026. The reported transaction price for each of these dispositions was $93.14 per share, as shown in the non-derivative securities table of the Form 4 filing.

What are Muneera S. Carr’s Wells Fargo (WFC) share holdings after these transactions?

After the reported transactions, Carr directly held 96,593.8729 shares of Wells Fargo common stock. She also indirectly held 1,263.92 share equivalents through units in the Wells Fargo ESOP Fund under the company’s 401(k) plan, based on values as of January 30, 2026.

What type of equity awards did Wells Fargo (WFC) grant to Muneera S. Carr?

Carr holds Restricted Share Rights, each representing a contingent right to receive one share of Wells Fargo common stock. The filing notes that these awards vest in four annual installments and include conditions tied to the company’s stock ownership policy during employment and for one year after retirement.

How do the Restricted Share Rights for WFC executive Muneera S. Carr vest over time?

The Restricted Share Rights vest in four equal installments on specified February 5 dates across several years. The footnotes detail separate grants vesting annually between 2024 and 2029, with each vesting representing one-fourth of the original grant plus reinvested dividend equivalents, subject to stock ownership requirements.