Wells Fargo (NYSE: WFC) director Richard K. Davis awarded 3,436 deferred stock units

Rhea-AI Filing Summary

DAVIS RICHARD K reported acquisition or exercise transactions in this Form 4 filing.

Wells Fargo & Company director Richard K. Davis reported a compensation grant of Common Stock Units. He received 3,436 Common Stock Units at a reference price of $81.50 per unit, each representing the right to receive one share of Wells Fargo common stock.

The units vested upon grant, but settlement is deferred until after he leaves the board or a later elected date. Following this award and reinvested dividend equivalents, Davis holds 17,851.9647 Common Stock Units and 4,244 shares of Wells Fargo common stock directly.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider DAVIS RICHARD K

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock Units	3,436	$81.50	$280K
holding	Common Stock, $1 2/3 Par Value	--	--	--

Holdings After Transaction: Common Stock Units — 17,851.965 shares (Direct, null); Common Stock, $1 2/3 Par Value — 4,244 shares (Direct, null)

Footnotes (1)

1. Common Stock Units vested upon grant with settlement deferred until the later of termination of service as a director of Wells Fargo & Company (the "Company") or such later settlement date elected by the director. Each Common Stock Unit represents a right to receive one share of Company common stock. Includes dividend equivalents reinvested in additional Common Stock Units.

Key Figures

Common Stock Units granted: 3,436 units Grant reference price: $81.50 per unit Total Common Stock Units after grant: 17,851.9647 units +1 more

4 metrics

Common Stock Units granted 3,436 units Director equity award on April 28, 2026

Grant reference price $81.50 per unit Common Stock Units award value

Total Common Stock Units after grant 17,851.9647 units Holdings following reported transactions

Common shares held directly 4,244 shares Common Stock, $1 2/3 Par Value, direct ownership

Key Terms

Common Stock Units, dividend equivalents, settlement deferred

3 terms

Common Stock Units financial

"Common Stock Units vested upon grant with settlement deferred until the later of termination of service"

dividend equivalents financial

"Includes dividend equivalents reinvested in additional Common Stock Units."

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

settlement deferred financial

"vested upon grant with settlement deferred until the later of termination of service"

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
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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^*

DAVIS RICHARD K

(Last) (First) (Middle)

333 MARKET STREET

(Street)

SAN FRANCISCO CALIFORNIA 94105

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WELLS FARGO & COMPANY/MN [ WFC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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								4,244	D

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
Common Stock Units(1)	(2)	04/28/2026		A		3,436		(1)	(1)	Common Stock, $1 2/3 Par Value	3,436	$81.5	17,851.9647(3)	D

Explanation of Responses:

1. Common Stock Units vested upon grant with settlement deferred until the later of termination of service as a director of Wells Fargo & Company (the "Company") or such later settlement date elected by the director.

2. Each Common Stock Unit represents a right to receive one share of Company common stock.

3. Includes dividend equivalents reinvested in additional Common Stock Units.

Remarks:

Exhibit 24 - Power of Attorney

	Richard K. Davis, by Meghan Daly, as Attorney-in-Fact	04/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)