Kyle G. Hranicky - Mar 5, 2025 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role: Sr. Executive Vice President
Signature: Kyle G. Hranicky, by Meghan Daly, as Attorney-in-Fact
Stock symbol: WFC
Transactions as of: Mar 5, 2025
Transactions value $: -$922,475
Form type: 4
Date filed: 3/7/2025, 05:54 PM
Previous filing: Feb 26, 2025
SEC: View on sec.gov

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	+29.3K	+50.56%	$0.00	87.2K	Mar 5, 2025	Direct	F1
transaction	WFC	Common Stock, $1 2/3 Par Value	Tax liability	-$922K	-12.6K	-14.44%	$73.30	74.6K	Mar 5, 2025	Direct
holding	WFC	Common Stock, $1 2/3 Par Value						35.9K	Mar 5, 2025	Through 401(k) Plan	F2
holding	WFC	Common Stock, $1 2/3 Par Value						4.47K	Mar 5, 2025	Through COH Trust	F3
holding	WFC	Common Stock, $1 2/3 Par Value						4.47K	Mar 5, 2025	Through KGH Trust	F3
holding	WFC	Common Stock, $1 2/3 Par Value						4.47K	Mar 5, 2025	Through PAH Trust	F3
holding	WFC	Common Stock, $1 2/3 Par Value						114K	Mar 5, 2025	Through PCK Family Holdings LP	F4
holding	WFC	Common Stock, $1 2/3 Par Value						2.23K	Mar 5, 2025	Through Trust	F5

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	Options Exercise	$0	-29.3K	-100%	$0.00	0	Mar 5, 2025	Common Stock, $1 2/3 Par Value	29.3K		Direct	F6, F7

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

Explanation of Responses:

Id	Content
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	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.
F3	The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any.
F4	The reporting person and his spouse jointly control the general partner of the limited partnership.
F5	Held in trust for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, if any.
F6	Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
F7	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.