Wells Fargo (NYSE: WFC) EVP Ling Bei gifts 74,912 shares to trust

Rhea-AI Filing Summary

Wells Fargo Sr. Executive Vice President Ling Bei reported a bona fide gift transfer of 74,912 shares of common stock to a revocable trust. This corrects earlier filings that had shown these shares as directly held. Bei now reports 17,870.2078 shares held directly and 74,912 shares held indirectly through the trust, plus 407.63 share equivalents in a 401(k) plan as of January 30, 2026.

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

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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^*

Ling Bei

(Last) (First) (Middle)

30 HUDSON YARDS

(Street)

NEW YORK NY 10001

(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)
	Sr. Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2025

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	05/27/2025		G		74,912(1)	D	$0	17,870.2078	D
Common Stock, $1 2/3 Par Value	05/27/2025		G		74,912	A	$0	74,912	I	Through Trust
Common Stock, $1 2/3 Par Value								407.63(2)	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

Explanation of Responses:

1. Represents a gift of 74,912 shares to a revocable trust, which was not previously reported on a Form 4 by the reporting person. The shares in this transaction were incorrectly reported as directly held in Form 4s filed by the reporting person after such transaction.

2. 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 common stock.

	Bei Ling, by Meghan Daly, as Attorney-in-Fact	02/20/2026
	** 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).
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FAQ

What insider transaction did Ling Bei report at Wells Fargo (WFC)?

Ling Bei reported a bona fide gift transfer of 74,912 shares of Wells Fargo common stock to a revocable trust. The transaction was coded as a gift (Code G) and carried a price of $0.00 per share, reflecting no sale proceeds.

How did this Form 4 change Ling Bei's direct Wells Fargo (WFC) holdings?

After the reported gift transaction, Ling Bei’s directly held Wells Fargo common stock totals 17,870.2078 shares. Earlier Form 4 filings had incorrectly shown the 74,912 gifted shares as directly held, and this filing helps correct that classification.

How many Wells Fargo (WFC) shares does the revocable trust hold for Ling Bei?

The revocable trust now holds 74,912 shares of Wells Fargo common stock indirectly for Ling Bei. These shares were transferred as a bona fide gift and are reported as indirectly owned through the trust rather than as directly owned shares.

What correction does this Wells Fargo (WFC) Form 4 make to prior filings?

The filing explains that 74,912 shares were gifted to a revocable trust and were not previously reported on a Form 4. It also notes those shares had been incorrectly reported as directly held in subsequent Form 4s after the gift transaction.

What Wells Fargo (WFC) retirement plan holdings does Ling Bei report?

Ling Bei reports 407.63 share equivalents in the Wells Fargo ESOP Fund under a 401(k) plan, as of January 30, 2026. This amount reflects units treated as if all plan cash equivalents were fully invested in Wells Fargo common stock.

Is Ling Bei’s Form 4 transaction a sale of Wells Fargo (WFC) stock?

No, the transaction is reported as a bona fide gift, not a sale. The shares were transferred to a revocable trust at a reported price of $0.00 per share, meaning no trading proceeds or open-market sale is involved.