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Wells Fargo (NYSE: WFC) EVP granted 23,955 restricted share rights

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Wells Fargo & Company executive Muneera S. Carr, EVP, CAO & Controller, reported an equity award of 23,955 Restricted Share Rights (RSRs) on common stock dated 01/27/2026. Each RSR represents the right to receive one share of Wells Fargo common stock.

The 23,955 RSRs vest in four equal installments on 02/05/2027, 02/05/2028, 02/05/2029, and 02/05/2030, subject to continued employment and the company’s stock ownership policy, which requires her to hold shares during employment and for one year after retirement.

After this grant, Carr reports direct beneficial ownership of 23,955 derivative securities (RSRs), 80,192.3046 shares of common stock held directly, and 1,263.37 share equivalents held indirectly through the company’s 401(k) ESOP fund as of December 31, 2025.

Positive

  • None.

Negative

  • None.
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)
01/27/2026
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 80,192.3046 D
Common Stock, $1 2/3 Par Value 1,263.37(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
Restricted Share Right (2) 01/27/2026 A 23,955 (3) (3) Common Stock, $1 2/3 Par Value 23,955 $0 23,955 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 December 31, 2025, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
2. Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Company common stock.
3. These RSRs vest in four installments: one-fourth on 2/5/2027, 2/5/2028, 2/5/2029, and 2/5/2030. 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 01/29/2026
** 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.

FAQ

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

Muneera S. Carr reported receiving 23,955 Restricted Share Rights in Wells Fargo common stock. The award was dated 01/27/2026 and is a form of equity compensation tied to future vesting, aligning her interests with long-term company performance and share ownership requirements.

How many Restricted Share Rights did WFC grant to Muneera S. Carr?

Wells Fargo granted Muneera S. Carr 23,955 Restricted Share Rights. Each right represents a contingent claim on one share of Wells Fargo common stock, subject to the specified vesting schedule and compliance with the company’s stock ownership policy during and after her employment.

What is the vesting schedule for Muneera S. Carr’s 23,955 WFC Restricted Share Rights?

The 23,955 Restricted Share Rights vest in four equal installments. One-fourth of the award vests on 02/05/2027, 02/05/2028, 02/05/2029, and 02/05/2030, assuming continued employment and adherence to Wells Fargo’s stock ownership and post-retirement holding requirements.

What Wells Fargo share holdings does Muneera S. Carr report after this Form 4?

After this filing, Carr reports 80,192.3046 Wells Fargo common shares held directly and 1,263.37 share equivalents held indirectly through the 401(k) ESOP fund. She also holds 23,955 Restricted Share Rights as a derivative interest in future Wells Fargo common stock.

How are Muneera S. Carr’s 401(k) holdings in WFC stock reported?

Carr’s 401(k) holdings are reported as 1,263.37 share equivalents in the Wells Fargo ESOP Fund. This amount reflects units in the plan as of December 31, 2025, calculated as if all investable cash equivalents were fully invested in Wells Fargo & Company common stock.

What role does Muneera S. Carr hold at Wells Fargo in this Form 4?

In this filing, Muneera S. Carr is identified as an officer of Wells Fargo & Company, serving as Executive Vice President (EVP), Chief Accounting Officer (CAO) and Controller. The reported equity award is part of her compensation in that executive capacity at the company.
Wells Fargo Co

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