Scott Powell - 05 Dec 2025 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role: SEVP & Chief Operating Officer
Signature: Scott E. Powell, by Ryan T. Tollgaard, as Attorney-in-Fact
Issuer symbol: WFC
Transactions as of: 05 Dec 2025
Net transactions value: -$142,059
Form type: 4
Filing time: 09 Dec 2025, 21:15:56 UTC
Previous filing: 07 Mar 2025
Next filing: 29 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Powell Scott	SEVP & Chief Operating Officer	30 HUDSON YARDS, NEW YORK	Scott E. Powell, by Ryan T. Tollgaard, as Attorney-in-Fact	09 Dec 2025	0001635930

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WFC	Common Stock, $1 2/3 Par Value	Options Exercise	$0	+1,575	+0.49%	$0.000000	320,717	05 Dec 2025	Direct	F1
transaction	WFC	Common Stock, $1 2/3 Par Value	Tax liability	$142,059	-1,575	-0.49%	$90.21	319,142	05 Dec 2025	Direct	F2
holding	WFC	Common Stock, $1 2/3 Par Value						4,783	05 Dec 2025	Through 401(k) Plan	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WFC	Restricted Share Right	Options Exercise	$0	-1,575	-3.5%	$0.000000	43,489	05 Dec 2025	Common Stock, $1 2/3 Par Value	1,575		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares acquired under a dividend reinvestment program since the reporting person's most recent filing on Form 4.
F2	Represents the withholding of shares by Wells Fargo & Company (the "Company") to satisfy FICA taxes arising from the reporting person becoming retirement eligible.
F3	Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of November 28, 2025, as if investable cash equivalents held by the Plan were fully invested in Company common stock.
F4	Each Restricted Share Right ("RSR") represents a contingent right to receive one share of Company common stock.
F5	These RSRs vest in three installments: one-third on 2/5/2026, 2/5/2027, and 2/5/2028. 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. The vesting amount and number of derivative securities in column 5 reflect the withholding of RSRs for payment of FICA taxes.

Remarks:

Exhibit 24 - Power of Attorney