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Wells Fargo (NYSE: WFC) EVP gets 57,822 performance shares

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

Rhea-AI Filing Summary

Hranicky Kyle G reported acquisition or exercise transactions in this Form 4 filing.

Wells Fargo & Company senior executive Kyle G. Hranicky received an equity award tied to company performance. He was granted 57,821.9043 "2023 Performance Shares" on February 26, 2026, recorded at a price of $0.0000 per unit as a grant, not a market purchase.

Each Performance Share represents a contingent right to receive one share of Wells Fargo common stock. The number of units reflects financial performance over a three-year period ending December 31, 2025, under an award originally granted on January 24, 2023. As a condition of the grant, he agreed to hold company stock while employed and for one year after retirement, consistent with Wells Fargo’s stock ownership policy.

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*
Hranicky Kyle G

(Last) (First) (Middle)
1000 LOUISIANA STREET

(Street)
HOUSTON TX 77002

(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 96,767.1925 D
Common Stock, $1 2/3 Par Value 36,935.5(1) I Through 401(k) Plan
Common Stock, $1 2/3 Par Value 4,470 I Through COH Trust(2)
Common Stock, $1 2/3 Par Value 4,470 I Through KGH Trust(2)
Common Stock, $1 2/3 Par Value 4,470 I Through PAH Trust(2)
Common Stock, $1 2/3 Par Value 114,029 I Through PCK Family Holdings LP(3)
Common Stock, $1 2/3 Par Value 2,225 I Through Trust(4)
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 (5) 02/26/2026 A 57,821.9043 (6) (6) Common Stock, $1 2/3 Par Value 57,821.9043 $0 57,821.9043 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. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any.
3. The reporting person and his spouse jointly control the general partner of the limited partnership.
4. Held in trust for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any.
5. Each Performance Share represents a contingent right to receive one share of Company common stock.
6. 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.
Kyle G. Hranicky, 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.
* 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 did Wells Fargo (WFC) executive Kyle Hranicky report on this Form 4?

Kyle Hranicky reported an equity compensation award of 57,821.9043 2023 Performance Shares. These are contingent rights to receive Wells Fargo common stock based on company financial performance over a three-year period ending December 31, 2025.

How many Wells Fargo 2023 Performance Shares were granted to the WFC executive?

The filing shows a grant of 57,821.9043 2023 Performance Shares to senior executive Kyle Hranicky. Each Performance Share represents a contingent right to receive one share of Wells Fargo common stock, determined by financial results for the three-year period ending December 31, 2025.

Are the 2023 Performance Shares for Wells Fargo (WFC) immediately owned as common stock?

No, the 2023 Performance Shares represent contingent rights, not immediate common stock. Each unit can convert into one share of Wells Fargo common stock, based on performance for the three-year period ending December 31, 2025, under the award’s terms and conditions.

When was the Wells Fargo (WFC) 2023 Performance Share award originally granted?

The Performance Share award was originally granted on January 24, 2023. The number of 2023 Performance Shares reported now reflects results for the three-year performance period ending December 31, 2025, as calculated under the award’s terms and conditions.

Does the Wells Fargo executive have holding requirements tied to this Performance Share award?

Yes. As a condition of receiving the 2023 Performance Shares, Kyle Hranicky agreed to hold Wells Fargo common stock while employed and for one year after retirement, as required under the company’s Stock Ownership Policy.

Does this Wells Fargo (WFC) Form 4 show any insider stock sales or purchases?

The Form 4 reflects a grant of 2023 Performance Shares as equity compensation, not open-market stock purchases or sales. Other entries describe updated holdings in various accounts and trusts, rather than new buy or sell transactions in Wells Fargo common stock.
Wells Fargo Co

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