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Wells Fargo Finance LLC is offering floating rate medium-term notes, fully and unconditionally guaranteed by Wells Fargo & Company. The notes are issued in $1,000 denominations with an original offering price of $1,000 per note, priced on March 9, 2026 and expected to be issued on March 11, 2026. They mature on March 11, 2033.
Interest is a floating rate equal to Compounded SOFR plus a spread of 0.80%, subject to a 1.00% minimum, paid quarterly. The calculation agent is Wells Fargo Securities, LLC. Agent discount is $10.00 per note, leaving proceeds to the issuer of $990.00 per note. The notes are senior unsecured obligations, not listed, not FDIC-insured, and subject to issuer and guarantor credit risk.
Wells Fargo & Company senior executive Saul Van Beurden received an equity award tied to past performance. On February 26, 2026, he acquired 87,691.4224 "2023 Performance Shares" as a grant, categorized as a grant, award, or other acquisition.
Each Performance Share represents a contingent right to receive one share of Wells Fargo common stock, determined by financial performance over a three-year period that ended December 31, 2025, under an award originally granted on January 24, 2023. As a condition of the grant, he agreed to hold company stock in line with Wells Fargo’s Stock Ownership Policy while employed and for one year after retirement.
Following these transactions, his directly held Wells Fargo common stock totaled 215,949.2997 shares, with additional indirect holdings through a 401(k) plan and accounts for three children.
Wells Fargo & Company Senior Executive Vice President Barry Sommers reported an equity compensation award rather than an open-market trade. He acquired 100,480.3524 2023 Performance Shares on February 26, 2026 as a grant exempt under Rule 16b-3(d).
Each Performance Share represents a contingent right to receive one share of Wells Fargo common stock, with the number of shares determined by financial performance over the three-year period ended December 31, 2025 under an award originally granted on January 24, 2023. Following this grant, Sommers directly holds 184,733.0568 shares of common stock and indirectly holds 892.5800 share equivalents through the Wells Fargo ESOP Fund in the 401(k) Plan as of January 30, 2026. As a condition of the grant, he agreed to hold company stock while employed and for one year after retirement under the company’s Stock Ownership Policy.
SCHARF CHARLES W reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company Chairman and CEO Charles W. Scharf reported an award of 377,680.7542 2023 Performance Shares on February 26, 2026. Each Performance Share represents a contingent right to receive one share of Wells Fargo common stock, with no price paid per share for this grant.
The number of 2023 Performance Shares, including reinvested dividend equivalents, was determined based on financial performance for a three-year period ended December 31, 2025 under an award originally granted on January 24, 2023. As a condition of receiving the grant, he agreed to hold company stock in line with Wells Fargo’s Stock Ownership Policy while employed and for one year after retirement.
Following these transactions, reported direct holdings of Wells Fargo common stock total 1,118,180.6898 shares. Indirect holdings include 418.4600 share equivalents through the Wells Fargo ESOP Fund in the 401(k) Plan and 103.0000 shares held through a trust.
Santos Kleber reported acquisition or exercise transactions in this Form 4 filing.
WELLS FARGO & COMPANY/MN senior executive Kleber Santos reported an award of 60,579.8568 2023 Performance Shares. Each Performance Share represents a contingent right to receive one share of Wells Fargo common stock, determined based on financial performance for the three-year period ended December 31, 2025.
As a condition of this grant, he agreed to hold Wells Fargo common stock while employed and for one year after retirement, consistent with the company’s Stock Ownership Policy. Following these transactions, he holds 79,875.5288 common shares directly, plus 892.5800 share equivalents through the company’s 401(k) Plan.
Powell Scott reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company executive Scott Powell, SEVP & Chief Operating Officer, reported an award of 98,136.0172 2023 Performance Shares on February 26, 2026. Each Performance Share represents a contingent right to receive one share of common stock, with the amount determined by financial performance over a three-year period ended December 31, 2025.
Following this award, Powell directly held 352,272.1816 shares of Wells Fargo common stock and also had 5,252.6600 share equivalents through the Wells Fargo ESOP Fund in the company 401(k) Plan as of January 30, 2026. As a condition of the grant, he agreed to hold company shares in line with Wells Fargo’s Stock Ownership Policy while employed and for one year after retirement.
Santomassimo Michael P. reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company Senior EVP and CFO Michael P. Santomassimo reported an award of 124,791.6975 "2023 Performance Shares" on February 26, 2026. Each performance share is a contingent right to receive one share of Wells Fargo common stock, determined by financial performance for the three-year period ended December 31, 2025.
After this award, he holds 124,791.6975 performance shares and 443,674.7883 shares of common stock directly, plus indirect holdings through a 401(k) Plan and his spouse’s IRA. The award is exempt under Rule 16b-3(d) and is subject to the company’s stock ownership policy, which requires holding shares while employed and for one year after retirement.
Wells Fargo & Company senior EVP and General Counsel Ellen R. Patterson reported both an equity award and a stock sale. She acquired 96,724.5854 2023 Performance Shares, each representing a contingent right to receive one share of common stock, based on financial performance for a three-year period.
On the same date, she sold 60,000 shares of common stock in open-market transactions at a weighted average price of $87.40 per share, with individual sale prices ranging from $87.25 to $87.82. After these transactions, she directly owned 169,496.3951 common shares and indirectly held 1,290.73 share equivalents through the Wells Fargo 401(k) Plan.
Ling Bei reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company senior executive vice president Ling Bei reported an award of 47,218.8067 2023 Performance Shares on February 26, 2026. Each Performance Share is a contingent right to receive one share of Wells Fargo common stock, tied to financial performance over a three-year period ending December 31, 2025.
These Performance Shares, including reinvested dividend equivalents, stem from an award originally granted on January 24, 2023. As a condition of receiving the grant, Ling Bei agreed to hold Wells Fargo common stock while employed and for one year after retirement under the company’s Stock Ownership Policy. The filing also notes direct ownership of 17,870.2078 common shares, 407.63 share equivalents through a 401(k) ESOP fund as of January 30, 2026, and 74,912 shares held indirectly through a trust.
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.