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Hewett Wayne M. reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company director Wayne M. Hewett reported a compensation grant of 3,436 Common Stock Units. These units vested upon grant, but settlement is deferred until the later of his termination of service as a director or a later date he elects.
Each Common Stock Unit represents the right to receive one share of Wells Fargo common stock and includes dividend equivalents that are reinvested in additional units. Following this award, Hewett holds 17,851.9647 Common Stock Units as well as 101 shares of Wells Fargo common stock directly.
GARCIA FABIAN T reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company director Fabian T. Garcia reported a compensation-related equity grant rather than an open-market trade. He received 3,436 Common Stock Units at $81.50 per unit, each representing the right to receive one share of Wells Fargo common stock.
The units vested upon grant, but settlement is deferred until the later of his termination of service as a director or a later settlement date he elects. Following this grant, he holds 11,475.5109 Common Stock Units and 101.6353 shares of common stock, including amounts accumulated through a dividend reinvestment program and dividend equivalents.
Wells Fargo & Company reported voting results from its 2026 annual shareholder meeting. Shareholders approved an amendment and restatement of the company’s 2022 Long-Term Incentive Plan, which governs equity-based compensation, as described in the 2026 proxy statement and filed in full as an exhibit.
All 12 director nominees were elected, each receiving more votes "for" than "against." Shareholders approved, on an advisory basis, executive compensation, with 1,604,792,488 votes in favor, representing 65.53% of votes cast for, against and abstaining. They also ratified the appointment of KPMG LLP as independent registered public accounting firm for 2026 with 93.60% support.
Six shareholder proposals, including requests for an independent board chair, majority voting governance, and several ESG-related reports and committees, did not receive majority support. The proposal to govern by majority vote received 47.94% support, while the other shareholder proposals drew substantially lower approval levels.
DAVIS RICHARD K reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company director Richard K. Davis reported a compensation grant of Common Stock Units. He received 3,436 Common Stock Units at a reference price of $81.50 per unit, each representing the right to receive one share of Wells Fargo common stock.
The units vested upon grant, but settlement is deferred until after he leaves the board or a later elected date. Following this award and reinvested dividend equivalents, Davis holds 17,851.9647 Common Stock Units and 4,244 shares of Wells Fargo common stock directly.
CRAVER THEODORE F JR reported acquisition or exercise transactions in this Form 4 filing.
WELLS FARGO & COMPANY/MN director Theodore F. Craver Jr. received a grant of 3,436 Common Stock Units on April 28, 2026 at $81.50 per unit. The units vested upon grant, but settlement is deferred until after his service as a director ends or a later elected settlement date.
Each Common Stock Unit represents a right to receive one share of Wells Fargo common stock and includes dividend equivalents reinvested into additional units. Following this award, Craver directly holds 17,851.9647 Common Stock Units. Separate entries show indirect holdings of common stock through revocable and irrevocable trusts and a small directly held common stock position.
Wells Fargo & Company director Mark A. Chancy received a grant of 3,436 Common Stock Units on Company stock. These units were awarded at a reference price of $81.50 per unit and vested upon grant, with settlement deferred until the later of his termination of service as a director or a later date he elects.
Each Common Stock Unit represents the right to receive one share of Wells Fargo common stock, and the reported balance of 17,851.9647 units includes dividend equivalents reinvested in additional units. His direct holdings of common stock total 28,540.387 shares, which include shares acquired through a dividend reinvestment program since his prior Form 4 filing.
BLACK STEVEN D reported acquisition or exercise transactions in this Form 4 filing.
Wells Fargo & Company director Steven D. Black received a grant of Common Stock Units as part of his director compensation. On April 28, 2026, he was awarded 3,436 Common Stock Units, each representing the right to receive one share of Wells Fargo common stock.
The units vested upon grant, but settlement is deferred until the later of his termination of service as a director or a later date he elects. After this grant, he holds 139.9507 shares of common stock directly and 17,851.9647 Common Stock Units in total, including dividend equivalents reinvested as additional units.
Wells Fargo & Co. received an exempt solicitation urging shareholders to vote Yes on Proposal #8 at the April 28, 2026 annual meeting to request a report evaluating climate-related litigation risks tied to its financing of high-carbon activities.
The proposal asks the bank to disclose, at reasonable expense and excluding confidential information, how it identifies, measures, and manages litigation exposure arising from financed emissions, citing rising climate attribution science, ongoing global climate cases, and recent changes in Wells Fargo’s financed-emissions targets.
Vanguard Capital Management files a Schedule 13G reporting beneficial ownership of Wells Fargo & Co common stock. The filing states 231,650,665 shares were beneficially owned, representing 7.50% of the class as of 03/31/2026. The filing attributes sole dispositive power over those shares to Vanguard Capital Management and lists 30,888,263 shares as shares for which it has sole voting power. The filing notes ownership is held on behalf of various Vanguard-managed funds and accounts. The report is signed by Ashley Grim on 04/30/2026.
Wells Fargo & Company reported first-quarter 2026 net income of $5.3 billion, up from $4.9 billion a year earlier, with diluted EPS rising to $1.60 from $1.39. Total revenue grew 6% to $21.4 billion, driven by higher noninterest income and a $601 million increase in net interest income.
Average loans reached $996.0 billion and average deposits $1.42 trillion, both above prior-year levels, while the net interest margin narrowed to 2.47% from 2.67%. Credit costs rose, with the provision for credit losses up 22% to $1.1 billion, though consumer card losses improved. The allowance for credit losses on loans was $14.4 billion, covering 1.41% of total loans. The Common Equity Tier 1 ratio under the Standardized Approach was 10.29%, above the stated regulatory minimum and buffers of 8.50%, and the liquidity coverage ratio stood at 120%.