Wells Fargo director Hewett acquires 452 stock units

The deferred compensation shares are payable in a lump sum or installments based upon the director's election.

Rhea-AI Filing Summary

Wells Fargo & Company director Wayne M. Hewett acquired 451.7134 Phantom Stock Units on October 1, 2026; the reported per-share figure was $80.25. Each unit represents the right to receive one share of Wells Fargo common stock. His reported post-transaction position was 42,707.4493 Phantom Stock Units, including dividend equivalents reinvested in additional units. He also held 101 shares of common stock directly.

Insider Trade Summary

Grant/Award: 451.7134 shares

Grant/Award 2 txns

Insider Hewett Wayne M.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units F1, F2, F3	451.7134	$80.25	$36K
holding	Common Stock, $1 2/3 Par Value	--	--	--

Holdings After Transaction: Phantom Stock Units — 42,707.4493 contracts (Direct); Common Stock, $1 2/3 Par Value — 101 shares (Direct)

Footnotes (3)

1. F1. Each Phantom Stock Unit represents the right to receive one share of Wells Fargo & Company common stock.
2. F2. Deferred compensation shares payable in a lump sum or installments based upon director's election.
3. F3. Includes dividend equivalents reinvested in additional Phantom Stock Units.

Key Figures

Phantom Stock Units acquired: 451.7134 units Reported price per share: $80.25 per share Phantom Stock Units following transaction: 42,707.4493 units +1 more

4 metrics

Phantom Stock Units acquired 451.7134 units Award acquired October 1, 2026

Reported price per share $80.25 per share Reported with the Phantom Stock Units award

Phantom Stock Units following transaction 42,707.4493 units Reported position; includes dividend equivalents reinvested in additional units

Direct common stock holdings 101 shares Reported October 1, 2026

Key Terms

Phantom Stock Units, dividend equivalents, deferred compensation

3 terms

Phantom Stock Units financial

"Each Phantom Stock Unit represents the right to receive one share"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

dividend equivalents financial

"Includes dividend equivalents reinvested in additional Phantom 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.

deferred compensation financial

"Deferred compensation shares payable in a lump sum or installments"

Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.

FAQ

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How are WFC director phantom stock units paid?

Deferred compensation shares are payable in a lump sum or installments based upon the director's election.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 04:34 PM Accepted by SEC EDGAR 10/05/2026 - 04:34 PM Learn about SEC filing dates

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^*

Hewett Wayne M.

(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)
10/01/2026

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								101	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
Phantom Stock Units	(1)	10/01/2026		A		451.7134		(2)	(2)	Common Stock, $1 2/3 Par Value	451.7134	$80.25	42,707.4493(3)	D

Explanation of Responses:

1. Each Phantom Stock Unit represents the right to receive one share of Wells Fargo & Company common stock.

2. Deferred compensation shares payable in a lump sum or installments based upon director's election.

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

	Wayne M. Hewett, by Meghan Daly, as Attorney-in-Fact	10/05/2026
	** 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)