Van Beurden Saul 4

What Happened Saul Van Beurden, Senior Executive Vice President of Wells Fargo & Company (WFC), reported gifts totaling 1,200 shares of WFC common stock on a Form 4 covering transactions dated 2026-02-19. The filing shows one disposition of 1,200 shares as a gift and three corresponding entries of 400-share gifts (each $0.00 per share, total value reported $0). The Form was filed on 2026-02-20.

Key Details

• Transaction date: February 19, 2026; Form filed: February 20, 2026 (timely).
• Reported price per share: $0.00 (gift); total reported cash value: $0.
• Breakdown: 3 gifts of 400 shares each (footnote F1 indicates one 400-share gift to each of three children).
• Footnote F2: Shares reflect share-equivalent units in the Wells Fargo ESOP Fund under the 401(k) Plan as of Jan 30, 2026, calculated as if cash equivalents were fully invested in WFC stock.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context Gifts are a transfer for estate or personal planning and do not necessarily indicate the insider’s view of company prospects. The report reflects use of ESOP/401(k) share-equivalent accounting (F2), which can affect how and when units are recorded but does not represent a market purchase or sale.