Vautrinot Suzanne M 4

What Happened
Suzanne M. Vautrinot, a director of Wells Fargo & Company, was granted 3,436 Common Stock Units on 2026-04-28 at a grant price/value of $81.50 per unit, a total value of $280,034. The grant is reported as an award (transaction code A) and represents derivative units rather than immediate shares.

Key Details

• Transaction date: 2026-04-28; Form 4 filed 2026-04-30 (timely filing).
• Transaction type: Award/Grant (A) of 3,436 Common Stock Units at $81.50 each; total reported value $280,034.
• Shares/units owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F2: Units vested on grant but settlement is deferred until the later of termination of director service or a later elected settlement date.
  • F3: Each Common Stock Unit equals the right to receive one share of common stock upon settlement.
  • F4/F1: Dividend equivalents are reinvested into additional units; prior dividend reinvestments since the last Form 4 are included.
• Exhibit 24 (Power of Attorney) attached.

Context
This was a compensation award (deferred Common Stock Units), not an open-market purchase or sale. Because settlement is deferred, Vautrinot does not immediately receive shares; the units convert to shares (one-for-one) at settlement per the footnotes. Such grants are routine director compensation and do not, by themselves, indicate a buying or selling signal.