Derek A. Flowers - 24 Feb 2025 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Signature
Derek A. Flowers, by Ryan T. Tollgaard, as Attorney-in-Fact
Issuer symbol
WFC
Transactions as of
24 Feb 2025
Net transactions value
$0
Form type
4
Filing time
26 Feb 2025, 17:07:43 UTC
Previous filing
11 Feb 2025
Next filing
07 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WFC Common Stock, $1 2/3 Par Value 0 24 Feb 2025 Direct
holding WFC Common Stock, $1 2/3 Par Value 14,488 24 Feb 2025 Through 401(k) Plan F1
holding WFC Common Stock, $1 2/3 Par Value 355 24 Feb 2025 Through Spouse's IRA
holding WFC Common Stock, $1 2/3 Par Value 252,943 24 Feb 2025 Through Trust
holding WFC Preferred Shares, Series L 25 24 Feb 2025 Through Trust

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 2022 Performance Shares Award $0 +37,067 $0.000000 37,067 24 Feb 2025 Common Stock, $1 2/3 Par Value 37,067 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects share equivalent of units in the Wells Fargo ESOP Fund under the 401(k) Plan (the "Plan") as of February 14, 2025, as if investable cash equivalents held by the Plan were fully invested in Wells Fargo & Company (the "Company") common stock.
F2 Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
F3 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.