Wells Fargo (WFC) director adds 181 phantom stock units as deferred pay

Rhea-AI Filing Summary

Wells Fargo & Company director reports additional stock-based compensation. Director Wayne M. Hewett acquired 181.0622 phantom stock units tied to Wells Fargo common stock on 01/01/2026. The units are shown with a derivative security price of $93.2 and are held as deferred compensation, payable in a lump sum or installments based on the director’s election.

Each phantom stock unit represents the right to receive one share of Wells Fargo common stock, and the total direct beneficial ownership after this transaction is 40,707.6522 phantom stock units. This total includes dividend equivalents that were reinvested into additional phantom stock units over time.

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 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								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)	01/01/2026		A		181.0622		(2)	(2)	Common Stock, $1 2/3 Par Value	181.0622	$93.2	40,707.6522(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	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).
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 insider transaction did Wells Fargo (WFC) disclose for director Wayne M. Hewett?

Wells Fargo disclosed that director Wayne M. Hewett acquired 181.0622 phantom stock units on 01/01/2026 as a stock-based compensation transaction.

What are the phantom stock units reported by Wells Fargo (WFC)?

Each phantom stock unit represents the right to receive one share of Wells Fargo & Company common stock, functioning as a deferred stock-based compensation vehicle.

How many phantom stock units does the Wells Fargo (WFC) director own after the transaction?

Following the reported transaction, the director beneficially owns 40,707.6522 phantom stock units, all reported as held with direct ownership.

What was the reported price for the Wells Fargo (WFC) phantom stock units in this Form 4?

The filing lists a price of $93.2 for the derivative security associated with the 181.0622 phantom stock units acquired on 01/01/2026.

How and when are the Wells Fargo (WFC) phantom stock units payable to the director?

The phantom stock units are described as deferred compensation shares that are payable in a lump sum or installments, based on the director’s prior election.

Do the Wells Fargo (WFC) phantom stock units include dividend equivalents?

Yes. The reported total of 40,707.6522 phantom stock units includes dividend equivalents that have been reinvested into additional phantom stock units.

What is the reporting person’s relationship to Wells Fargo (WFC)?

The reporting person is identified as a Director of Wells Fargo & Company, and the Form 4 is filed for one reporting person.