[Form 4] WELLS FARGO & COMPANY/MN Insider Trading Activity
Rhea-AI Filing Summary
Wells Fargo & Company Senior Executive Vice President Saul Van Beurden reported settling a 2023 performance share award. On March 5, 2026, he exercised 88,175.9054 2023 Performance Shares into the same number of common shares at a stated price of $0.00 per share, reflecting a three-year performance period ended December 31, 2025 and including reinvested dividend equivalents.
To cover tax obligations, 45,013.7705 common shares were delivered at $83.93 per share, leaving 259,268.9818 common shares held directly. He also reports indirect holdings through a 401(k) plan and accounts for three children, which include share equivalents and dividend reinvestments.
Positive
- None.
Negative
- None.
Insider Trade Summary
88,175.905 shares exercised/converted
Mixed
7 txns
Insider
Van Beurden Saul
Role
Sr. Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2023 Performance Shares | 88,175.905 | $0.00 | -- |
| Exercise | Common Stock, $1 2/3 Par Value | 88,175.905 | $0.00 | -- |
| Tax Withholding | Common Stock, $1 2/3 Par Value | 45,013.771 | $83.93 | $3.78M |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
| holding | Common Stock, $1 2/3 Par Value | -- | -- | -- |
Holdings After Transaction:
2023 Performance Shares — 0 shares (Direct);
Common Stock, $1 2/3 Par Value — 304,282.752 shares (Direct);
Common Stock, $1 2/3 Par Value — 1,292.3 shares (Indirect, Through 401(k) Plan)
Footnotes (1)
- These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 5, 2026 upon settlement of a Performance Share award granted on January 24, 2023 for the three-year performance period ended December 31, 2025, as previously disclosed on a Form 4 filed on February 27, 2026 (including reinvested dividend equivalents). Includes shares acquired under a dividend reinvestment program since the reporting person's most recent filing on Form 4. Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 27, 2026, as if investable cash equivalents held by the Plan were fully invested in Company common stock. Each Performance Share represents a contingent right to receive one share of Company common stock. 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.
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