4//SEC Filing
Powell Scott 4
Accession 0001127602-25-008779
CIK 0000072971other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 5:54 PM ET
Size
10.6 KB
Accession
0001127602-25-008779
Insider Transaction Report
Form 4
Powell Scott
SEVP & Chief Operating Officer
Transactions
- Exercise/Conversion
2022 Performance Shares
2025-03-05−87,815.716→ 0 total→ Common Stock, $1 2/3 Par Value (87,815.716 underlying) - Exercise/Conversion
Common Stock, $1 2/3 Par Value
2025-03-05+87,815.716→ 363,971.957 total - Tax Payment
Common Stock, $1 2/3 Par Value
2025-03-05$73.30/sh−44,829.94$3,286,035→ 319,142.017 total
Holdings
- 4,734.04(indirect: By 401(k))
Common Stock, $1 2/3 Par Value
Footnotes (5)
- [F1]These shares represent common stock of Wells Fargo & Company (the "Company") acquired on March 5, 2025 upon settlement of a Performance Share award granted on January 25, 2022 for the three-year performance period ended December 31, 2024, as previously disclosed on a Form 4 filed on February 26, 2025 (including reinvested dividend equivalents).
- [F2]Includes shares acquired under a dividend reinvestment program since the reporting person's most recent filing on Form 4.
- [F3]Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 28, 2025, as if investable cash equivalents held by the Plan were fully invested in Company common stock.
- [F4]Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
- [F5]Represents the number of 2022 Performance Shares (including reinvested dividend equivalents) determined based on financial performance for the three-year performance period ended December 31, 2024 pursuant to the terms and conditions of a Performance Share award granted on January 25, 2022, which is exempt under Rule 16b-3(d). 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.
Documents
Issuer
WELLS FARGO & COMPANY/MN
CIK 0000072971
Entity typeother
Related Parties
1- filerCIK 0001635930
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 5:54 PM ET
- Size
- 10.6 KB