Wells Fargo (WFC) director discloses phantom stock unit grant and share sale

Rhea-AI Filing Summary

Wells Fargo & Company director Ronald Sargent reported changes in his ownership of the bank’s securities. On 01/01/2026, he acquired 429.1845 Phantom Stock Units, each representing the right to receive one share of Wells Fargo common stock as part of deferred compensation, payable in a lump sum or installments based on his election. The filing also shows a disposition of 81 shares of Wells Fargo common stock.

After these transactions, Sargent beneficially owned 18,050 shares of common stock indirectly through a revocable trust and 69,351.5238 Phantom Stock Units directly, which include dividend equivalents that have been reinvested in additional Phantom Stock Units.

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

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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^*

SARGENT RONALD

(Last) (First) (Middle)

333 MARKET STREET

(Street)

SAN FRANCISCO CA 94105

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026

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								81	D
Common Stock, $1 2/3 Par Value								18,050	I	Through Revocable Trust

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)	01/01/2026		A		429.1845		(2)	(2)	Common Stock, $1 2/3 Par Value	429.1845	$93.2	69,351.5238(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.

	Ronald Sargent, by Meghan Daly, as Attorney-in-Fact	01/05/2026
	** 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).
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FAQ

What insider transaction did Wells Fargo (WFC) director Ronald Sargent report?

Ronald Sargent reported acquiring 429.1845 Phantom Stock Units on 01/01/2026 and disposing of 81 shares of Wells Fargo common stock.

What are the Phantom Stock Units reported by Wells Fargo (WFC) director Ronald Sargent?

Each Phantom Stock Unit represents the right to receive one share of Wells Fargo & Company common stock, with the value tied to the stock.

How and when are Ronald Sargent’s Phantom Stock Units in WFC payable?

The Phantom Stock Units are deferred compensation shares that are payable in a lump sum or installments, based on the director’s prior election.

How many Wells Fargo (WFC) Phantom Stock Units does Ronald Sargent own after this transaction?

Following the reported transaction, Ronald Sargent beneficially owned 69,351.5238 Phantom Stock Units of Wells Fargo & Company.

How many Wells Fargo (WFC) common shares does Ronald Sargent hold through a trust?

After the reported transaction, Ronald Sargent held 18,050 shares of Wells Fargo common stock indirectly through a revocable trust.

Who signed the Wells Fargo (WFC) Form 4 on behalf of Ronald Sargent?

The Form 4 was signed by Meghan Daly as Attorney-in-Fact for Ronald Sargent.

Do Ronald Sargent’s Phantom Stock Units in WFC include dividend equivalents?

Yes. The reported Phantom Stock Units total includes dividend equivalents that have been reinvested in additional Phantom Stock Units.