Wells Fargo (NYSE: WFC) EVP granted 25,682 2023 performance shares

Rhea-AI Filing Summary

Fercho Kristy reported acquisition or exercise transactions in this Form 4 filing.

Wells Fargo & Company reported that Sr. Executive Vice President Kristy Fercho received a grant of 25,682.019 2023 Performance Shares on February 26, 2026. Each Performance Share represents a contingent right to receive one share of Wells Fargo common stock, awarded based on financial performance over the three-year period ended December 31, 2025.

As a condition of this award, Fercho agreed to hold Wells Fargo common stock in line with the company’s Stock Ownership Policy while employed and for one year after retirement. Following the reported transactions, she directly holds 78,650.3136 shares of common stock, and an additional 736.83 share equivalents are held indirectly through the Wells Fargo ESOP Fund in the 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^*

Fercho Kristy

(Last) (First) (Middle)

401 SOUTH TRYON STREET

(Street)

CHARLOTTE NC 28202

(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)
02/26/2026

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								78,650.3136	D
Common Stock, $1 2/3 Par Value								736.83(1)	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
2023 Performance Shares	(2)	02/26/2026		A		25,682.019		(3)	(3)	Common Stock, $1 2/3 Par Value	25,682.019	$0	25,682.019	D

Explanation of Responses:

1. 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.

2. Each Performance Share represents a contingent right to receive one share of Company common stock.

3. Represents the number of 2023 Performance Shares (including reinvested dividend equivalents) determined based on financial performance for the three-year performance period ended December 31, 2025 pursuant to the terms and conditions of a Performance Share award granted on January 24, 2023, which is exempt under Rule 16b-3(d). 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.

	Kristy Fercho, by Meghan Daly, as Attorney-in-Fact	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did WFC executive Kristy Fercho report?

Kristy Fercho reported receiving 25,682.019 2023 Performance Shares in Wells Fargo common stock. The award was granted based on financial performance over a three-year period ending December 31, 2025, and each Performance Share represents a contingent right to one common share.

How many Wells Fargo 2023 Performance Shares were granted to Kristy Fercho?

She was granted 25,682.019 2023 Performance Shares. These units, including reinvested dividend equivalents, were determined by Wells Fargo’s financial performance for the three-year period ending December 31, 2025, under a Performance Share award originally granted on January 24, 2023.

What stock ownership conditions apply to Kristy Fercho’s WFC Performance Shares?

To receive the 2023 Performance Share grant, Kristy Fercho agreed to comply with Wells Fargo’s Stock Ownership Policy. She must hold company common stock while employed and for one year after retirement, reinforcing long-term alignment with shareholder interests through ongoing share ownership.

How many Wells Fargo common shares does Kristy Fercho hold after this Form 4?

After the reported transactions, Kristy Fercho directly holds 78,650.3136 shares of Wells Fargo common stock. She also has 736.83 share equivalents held indirectly through the Wells Fargo ESOP Fund in the 401(k) Plan, as of January 30, 2026.

What does the Wells Fargo ESOP Fund holding mean in Kristy Fercho’s Form 4?

The Form 4 notes 736.83 share equivalents in the Wells Fargo ESOP Fund under the 401(k) Plan. This reflects units as of January 30, 2026, assuming investable cash equivalents in the Plan were fully invested in Wells Fargo common stock for reporting purposes.

Was there any sale of Wells Fargo stock by Kristy Fercho in this filing?

The filing reports an acquisition of 2023 Performance Shares by Kristy Fercho and updated holdings of common stock. It does not show any sale transactions, and the primary reportable event is the grant of 25,682.019 Performance Shares based on the company’s financial performance.