Hewett Wayne M. 4

What Happened

• Wayne M. Hewett, a director of Wells Fargo & Company (WFC), was granted 3,436 Common Stock Units on 2026-04-28. The units are valued at $81.50 each for a total award value of $280,034. This transaction is recorded as an award/grant (transaction code A) of a derivative (Common Stock Units), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-04-28 at $81.50 per unit (total $280,034).
• Instrument: 3,436 Common Stock Units (each unit = right to one share on settlement).
• Settlement: Units vested on grant but settlement is deferred until the later of director’s termination of service or a later date elected by the director (footnote F1).
• Dividend treatment: Includes dividend equivalents reinvested in additional Common Stock Units (footnote F3).
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Report filed 2026-04-30 for a 2026-04-28 transaction — appears timely (no late filing noted).

Context

• Common Stock Units are a form of deferred equity (similar to restricted stock units) that give the holder a future right to receive shares; although vested, these units are not yet settled into actual shares until the deferred settlement date. Awards to directors are typically routine compensation and do not by themselves indicate a buy/sell signal.