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WELLS FARGO & COMPANY/MN·4

Feb 9, 5:27 PM ET

Van Beurden Saul 4

4 · WELLS FARGO & COMPANY/MN · Filed Feb 9, 2026

Research Summary

AI-generated summary of this filing

Updated

Wells Fargo (WFC) Sr. EVP Saul Van Beurden Receives 52,757 Shares

What Happened

  • Saul Van Beurden, Senior Executive Vice President of Wells Fargo (WFC), had three tranches of Restricted Share Rights (RSRs) vest on Feb 5, 2026. A total of 52,757.453 shares vested (20,878.191; 18,877.167; 13,002.095).
  • To satisfy tax withholding, 24,082.325 shares were surrendered at $93.14 per share, totaling $2,243,028. Net shares delivered to Van Beurden after withholding: 28,675.128 shares.
  • Transaction codes: M = exercise/conversion of derivative (vesting of RSRs); F = shares withheld to pay taxes.

Key Details

  • Transaction date: 2026-02-05; Form 4 filed: 2026-02-09 (reports the Feb 5 vesting).
  • Per-footnotes: the three vested RSR tranches were one-third installments of original grants dated Jan 24, 2023; Jan 23, 2024; and Jan 28, 2025 (each RSR = contingent right to 1 share).
  • Withholding price used for tax payment: $93.14/share; total tax withholding value: $2,243,028.
  • Net new shares received (vested minus shares withheld): 28,675.128.
  • Holding requirement: as a condition of the grants, the reporting person agreed to hold required shares while employed and for one year after retirement (per company Stock Ownership Policy).

Context

  • These were vesting/settlement transactions (not open-market purchases or sales). The RSRs converted to shares and some were withheld to cover tax liabilities (a common administrative step, coded F).
  • This filing reflects routine equity compensation vesting rather than an outright sale or market purchase; such vesting increases the insider’s stake but withheld shares reduce the net delivery.

Insider Transaction Report

Form 4
Period: 2026-02-05
WELLS FARGO & COMPANY/MNWFC
Van Beurden Saul
Sr. Executive Vice President
Transactions
  • Exercise/Conversion

    Common Stock, $1 2/3 Par Value

    [F1]
    2026-02-05+20,878.191→ 209,352.364 total
  • Tax Payment

    Common Stock, $1 2/3 Par Value

    2026-02-05$93.14/sh−10,167.651$947,015→ 199,184.712 total
  • Exercise/Conversion

    Common Stock, $1 2/3 Par Value

    [F2]
    2026-02-05+18,877.167→ 218,061.879 total
  • Tax Payment

    Common Stock, $1 2/3 Par Value

    2026-02-05$93.14/sh−7,582.684$706,251→ 210,479.196 total
  • Exercise/Conversion

    Common Stock, $1 2/3 Par Value

    [F3]
    2026-02-05+13,002.095→ 223,481.29 total
  • Tax Payment

    Common Stock, $1 2/3 Par Value

    2026-02-05$93.14/sh−6,331.99$589,762→ 217,149.3 total
  • Exercise/Conversion

    Restricted Share Right

    [F5][F6]
    2026-02-05−20,878.191→ 0 total
    → Common Stock, $1 2/3 Par Value (20,878.191 underlying)
  • Exercise/Conversion

    Restricted Share Right

    [F5][F7]
    2026-02-05−18,877.167→ 18,877.167 total
    → Common Stock, $1 2/3 Par Value (18,877.167 underlying)
  • Exercise/Conversion

    Restricted Share Right

    [F5][F8]
    2026-02-05−13,002.095→ 26,002.198 total
    → Common Stock, $1 2/3 Par Value (13,002.095 underlying)
Holdings

  • Common Stock, $1 2/3 Par Value

    [F4]
    (indirect: By 401(k))
    1,290.73

  • Common Stock, $1 2/3 Par Value

    (indirect: By Children)
    1,916.234

  • Common Stock, $1 2/3 Par Value

    (indirect: By Children)
    1,882

  • Common Stock, $1 2/3 Par Value

    (indirect: By Children)
    1,882
Footnotes (8)
  • [F1]Number of shares represents a Restricted Share Right ("RSR") vesting on February 5, 2026. Original grant date was January 24, 2023. This vesting represents one-third of the original amount of RSRs granted (plus reinvested dividend equivalents).
  • [F2]Number of shares represents a RSR vesting on February 5, 2026. Original grant date was January 23, 2024. This vesting represents one-third of the original amount of RSRs granted (plus reinvested dividend equivalents).
  • [F3]Number of shares represents a RSR vesting on February 5, 2026. Original grant date was January 28, 2025. This vesting represents one-third of the original amount of RSRs granted (plus reinvested dividend equivalents).
  • [F4]Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of January 30, 2026, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
  • [F5]Each RSR represents a contingent right to receive one share of Company common stock.
  • [F6]These RSRs vest in three installments: one-third on 2/5/2024, 2/5/2025, and 2/5/2026. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.
  • [F7]These RSRs vest in three installments: one-third on 2/5/2025, 2/5/2026, and 2/5/2027. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.
  • [F8]These RSRs vest in three installments: one-third on 2/5/2026, 2/5/2027, and 2/5/2028. As a condition to receiving the grant, the reporting person agreed to hold, while employed by the Company and for one year after retirement, shares of Company common stock as required under the Company's Stock Ownership Policy.
Signature
Saul Van Beurden, by Meghan Daly, as Attorney-in-Fact|2026-02-09

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT