Key facts
- This page summarizes Michael P. Santomassimo's Form 4 filing for WELLS FARGO & COMPANY/MN (WFC).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 07 Mar 2025, 17:56.
Michael P. Santomassimo - 05 Mar 2025 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)
- Reporting relationship
- Sr. EVP & CFO
- Issuer ticker
- WFC
- Reported as of
- 05 Mar 2025
- Net transaction value
- -$4,188,986
- SEC form
- 4
- Accepted by SEC
- 07 Mar 2025, 17:56:08 UTC
- Prior SEC filing
- 26 Feb 2025
- Next SEC filing
- 29 Jan 2026
- Source filing
- View source filing
- Reporting owner signature
- Michael P. Santomassimo, by Meghan Daly, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael P. Santomassimo filed Form 4 for WELLS FARGO & COMPANY/MN (WFC) on 07 Mar 2025.
Change
- Previous filing in this sequence was filed on 26 Feb 2025.
- Current net transaction value: -$4,188,986.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WFC
transaction
Common Stock, $1 2/3 Par Value
Options Exercise
- Transaction value
- $0
- Shares
- +111,766
- Change %
- +32%
- Price
- $0.000000
- Shares after
- 461,755
- Date
- 05 Mar 2025
- Ownership
- Direct
- Footnotes
- F1
WFC
transaction
Common Stock, $1 2/3 Par Value
Tax liability
- Transaction value
- $4,188,986
- Shares
- -57,149
- Change %
- -12%
- Price
- $73.30
- Shares after
- 404,607
- Date
- 05 Mar 2025
- Ownership
- Direct
WFC
holding
Common Stock, $1 2/3 Par Value
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 879
- Date
- 05 Mar 2025
- Ownership
- Through 401(k) Plan
- Footnotes
- F2
WFC
holding
Common Stock, $1 2/3 Par Value
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,000
- Date
- 05 Mar 2025
- Ownership
- Through Spouse's IRA
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WFC
transaction
Derivative
2022 Performance Shares
Options Exercise
- Transaction value
- $0
- Shares
- -111,766
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 05 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Stock, $1 2/3 Par Value
- Underlying amount
- 111,766
- Exercise price
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote 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).
Footnote F2
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.
Footnote F3
Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
Footnote F4
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.