Chancy Mark A 4

What Happened

• Mark A. Chancy, a director of Wells Fargo & Company (WFC), was granted 3,436 Common Stock Units on April 28, 2026. The units are valued at $81.50 each, for a total reported value of $280,034. The transaction is reported as an award/acquisition (derivative instrument), not an open-market purchase.

Key Details

• Transaction date and price: 2026-04-28 at $81.50 per unit (3,436 units; $280,034 total).
• Transaction type: A (award/grant) reported as a derivative (Common Stock Units).
• Settlement: Units vested upon grant with settlement deferred until the later of termination of director service or a later date elected by the director (per filing).
• Unit mechanics: Each Common Stock Unit represents the right to receive one share of common stock; dividend equivalents are reinvested into additional units.
• Filing: Report filed 2026-04-30 covering the 2026-04-28 transaction; no late-filing indication in the provided excerpt.
• Exhibit note: Exhibit 24 (Power of Attorney) referenced in filing.

Context

• This is a compensation-related award for a director (routine corporate governance/compensation activity) rather than a market buy or sale. The units are derivative rights to future shares with deferred settlement, so no immediate open-market purchase or sale occurred.