Wells Fargo & Company (WFC) guarantees auto-callable notes issued by Wells Fargo Finance LLC, with an aggregate original offering price of $1,927,000 and total proceeds to the issuer of $1,891,832.25. Linked to Amazon.com, Inc. common stock, each note has a $1,000 face amount, an 11.00% annual contingent coupon, and coupon and downside thresholds of $175.266 against a $250.38 starting value. Monthly coupons are paid only when the relevant closing value is at least the coupon threshold.
On monthly calculation days from April 2027 through September 2028, the notes are automatically called if Amazon closes at or above the starting value, paying face amount plus a final coupon if payable. If not called, maturity is October 26, 2028: a final value at or above the downside threshold returns $1,000 per security plus any final coupon; below it, payment equals $1,000 multiplied by the final value divided by the starting value, potentially reaching zero. Holders receive no participation in Amazon’s appreciation or dividends, and the notes are not exchange-listed. Estimated value was $961.16 per security versus the $1,000 offering price; payments are subject to credit risk of Wells Fargo Finance LLC and Wells Fargo & Company.
Wells Fargo Finance LLC is offering notes with an aggregate original offering price of $40,126,500.00, fully and unconditionally guaranteed by Wells Fargo & Company (WFC). The unsecured notes are linked to the least-performing of the Nasdaq-100, Russell 2000 and S&P 500 indexes.
The notes offer a contingent coupon at 11.70% per annum, equal to $0.2925 per Note for each quarterly period, only if every index is at or above its 70% coupon barrier on every eligible trading day in that period. A breach by any index on any eligible day eliminates that period’s coupon. Wells Fargo Finance LLC may redeem all, but not part, of the notes on scheduled quarterly dates beginning approximately six months after settlement. Maturity is April 24, 2030.
If not redeemed early, the notes repay $10 per Note at maturity if all three indexes finish at or above 60% of their initial values, plus any final coupon due. If any finishes below its threshold, the loss reflects the negative return of the least-performing index, with possible loss of all principal. The stated estimated value is $9.74 per Note versus a $10.00 original offering price; Wells Fargo Finance LLC receives $39,725,235.00 in proceeds. The notes will not be listed on an exchange or automated quotation system.
Wells Fargo & Company (WFC) fully and unconditionally guarantees Wells Fargo Finance LLC’s preliminary S&P 500-linked buffered digital securities, each with a $1,000 face amount. If the final underlier level is at least 85.00% of its initial level, each security pays an expected $1,168.40 to $1,198.10 at maturity, a contingent fixed return of 16.84% to 19.81%.
Below 85.00% of the initial level, the payment falls below $1,000. For each 1% decline below that threshold, the loss is approximately 1.1765% of face amount, and the payment could be zero. The preliminary estimated value is approximately $995 per security; the trade-date estimated value will not be less than $965. The securities are unsecured obligations of Wells Fargo Finance LLC, subject to credit risk, are not listed on an exchange, and have no promised market-making support.
Wells Fargo & Company (WFC) guarantees Wells Fargo Finance LLC’s offering with an aggregate offering price of $3,900,000. The equity-index-linked securities have a $1,000 face amount each and are linked to the S&P 500 Index. If the ending value is at least the 7,757.17 starting value, the maturity payment is $1,112.50 per security, including an 11.25% contingent fixed return. If the index declines by no more than the 10% buffer, the payment is $1,000; below the 6,981.453 threshold, holders have one-for-one downside exposure beyond the buffer and may lose up to 90% of face amount.
The stated maturity date is October 29, 2027, subject to postponement. Wells Fargo Finance LLC is to receive $3,896,100 in total proceeds after the $3,900 agent discount. The estimated value on the pricing date was $990.53 per security, compared with the $1,000 original offering price.
Wells Fargo & Company (WFC) guarantees market-linked notes issued by Wells Fargo Finance LLC, with a total original offering price of $1,000,000 and stated maturity on October 25, 2029, subject to postponement. Each security has a $1,000 face amount; Wells Fargo Finance LLC receives $995,000 after a $5,000 agent discount. The estimated value on the October 21, 2026 pricing date was $979.37 per security, below the $1,000 original offering price.
The notes pay a 13.50% annual contingent coupon monthly only when Meta Platforms, Inc. Class A common stock closes at or above $418.512, 60% of its $697.52 starting value. They may be automatically called on monthly calculation days from October 2027 through September 2029 if Meta closes at or above the starting value, paying $1,000 per security plus any final coupon. If not called, maturity principal is $1,000 if Meta's final value is at least $418.512; below that, principal equals $1,000 multiplied by the performance factor and may be lost entirely. Holders do not participate in Meta's appreciation or receive its dividends, and the notes are not exchange-listed.
Wells Fargo & Company (WFC) fully and unconditionally guarantees Wells Fargo Finance LLC’s $854,000 offering of ETF-linked notes due October 24, 2031. Each $1,000 security is linked to the iShares Semiconductor ETF (SOXX); its starting value is $510.36, and its coupon and downside thresholds are both $306.216.
The notes offer a 14.35% annual contingent coupon, paid quarterly only when SOXX closes at or above the coupon threshold. On quarterly calculation days from July 2027 to July 2031, a close at or above the starting value triggers automatic redemption for the $1,000 face amount plus a final coupon. If not called, maturity payment is $1,000 when the final close is at least the downside threshold, plus a final coupon if payable. Below that threshold, payment equals $1,000 multiplied by the performance factor, exposing investors to losses exceeding 40% and potentially the entire face amount. The notes do not participate in SOXX appreciation or pay its dividends, and will not be listed on an exchange or quotation system.
Wells Fargo & Company (WFC) fully and unconditionally guarantees Wells Fargo Finance LLC’s preliminary offering of S&P 500-linked notes with a $1,000 principal amount and original offering price per note, due October 26, 2028. At maturity, an increase in the index earns 150% of its percentage gain, subject to a maximum return of at least 16.15%, to be determined on the pricing date; the maximum maturity payment will be at least $1,161.50 per note. If the index is flat or lower, the payment is $1,000. Principal repayment is subject to issuer and guarantor credit risk.
The notes pay no interest or dividends and are not exchange-listed. The preliminary estimated value is approximately $987.30 per note, and the pricing-date estimate will be no less than $957.30. The $1,000 offering price includes a $7.50 agent discount, leaving $992.50 in proceeds to Wells Fargo Finance LLC per note. The stated pricing date is October 23, 2026, and the issue date is October 28, 2026. Wells Fargo Securities and its affiliates are not required to make a market, and no secondary market is assured; calculation and maturity dates are subject to postponement for specified events.
Wells Fargo & Company (WFC) guarantees Wells Fargo Finance LLC’s preliminary offering of auto-callable notes linked to Marvell Technology, Inc. common stock. Each security has a $1,000 face amount and pays quarterly coupons at a rate set on the pricing date of at least 12.00% per year, until an automatic call or maturity. Beginning approximately one year after issuance, the notes are automatically called if Marvell’s closing value on a quarterly call date is at least its starting value; holders then receive the face amount plus a final coupon.
If not called, the principal payment at maturity is $1,000, plus a final coupon, when Marvell’s ending value is at least 50% of its starting value. Below that threshold, principal falls in line with the stock’s performance and may be lost entirely; holders do not share in stock appreciation or receive its dividends. The preliminary estimated value is approximately $965.00 per security, with a pricing-date floor of $935.00, compared with a $1,000 standard offering price ($969.00 for fee-based advisory accounts). The notes are not exchange-listed, and Wells Fargo Securities is not obligated to make a secondary market. Payments also depend on the credit of the issuer and guarantor.
Wells Fargo & Company (WFC) fully and unconditionally guarantees preliminary market-linked notes offered by Wells Fargo Finance LLC, tied to Sandisk Corporation common stock and due November 1, 2029. Each security has a $1,000 face amount and original offering price; proceeds to Wells Fargo Finance LLC are $957.50 per security after a $42.50 agent discount.
The monthly contingent coupon rate will be set on the pricing date and is at least 14.15% per annum, payable only when Sandisk’s closing value is at or above 60% of its starting value; skipped coupons may be paid later after a qualifying observation, without interest. A closing value at or above 90% triggers automatic call on scheduled monthly observations from January 2027 through September 2029. If not called, the $1,000 face amount is repaid at maturity only if the final value is at least 60% of its starting value; below that threshold, repayment reflects Sandisk’s full decline from the starting value and could be zero. The notes provide no participation in share-price gains or dividends, are unlisted, and carry issuer and guarantor credit risk. The current estimated value is approximately $937.80 per security; its estimated value at pricing will not be below $907.80.
Wells Fargo & Company (WFC) will fully and unconditionally guarantee Wells Fargo Finance LLC’s preliminary offering of auto-callable notes linked to Space Exploration Technologies Corp.’s Class A common stock. Each security has a $1,000 face amount and an original offering price of $1,000, or $969.00 for fee-based advisory accounts; proceeds to the issuer are $969.00 per security. The quarterly coupon rate, set on October 28, 2026, will be at least 11.00% per annum; the expected issue date is October 30, 2026.
Beginning approximately one year after issuance, a quarterly observation at or above the starting stock value triggers an automatic call for the face amount plus a final coupon. If not called, the maturity payment is $1,000 when the final stock value is at least 50% of its starting value; below that threshold, payment equals the face amount times the performance factor, and principal loss can reach all of it. The notes provide no stock appreciation or dividends and are unlisted; Wells Fargo Securities, LLC and its affiliates are not required to make a market. The preliminary estimated value is approximately $951.50 per security; the pricing-date estimate will be at least $921.50.