Saul Van Beurden - 05 Mar 2025 Form 4 Insider Report for WELLS FARGO & COMPANY/MN (WFC)

Role: Sr. Executive Vice President
Signature: Saul Van Beurden, by Meghan Daly, as Attorney-in-Fact
Issuer symbol: WFC
Transactions as of: 05 Mar 2025
Transactions value $: $-2,442,982
Form type: 4
Filing time: 07 Mar 2025, 18:00:23 UTC
Previous filing: 26 Feb 2025
Next filing: 09 Dec 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	+65,286	+41.3%	$0.000000	223,303	05 Mar 2025	Direct	F1, F2
transaction	WFC	Common Stock, $1 2/3 Par Value	Tax liability	$-2,442,982	-33,329	-14.9%	$73.30	189,974	05 Mar 2025	Direct
transaction	WFC	Common Stock, $1 2/3 Par Value	Gift	$0	-1,500	-0.79%	$0.000000	188,474	07 Mar 2025	Direct	F3
transaction	WFC	Common Stock, $1 2/3 Par Value	Gift	$0	+500	+36.2%	$0.000000	1,882	07 Mar 2025	By Child 1	F3
transaction	WFC	Common Stock, $1 2/3 Par Value	Gift	$0	+500	+36.2%	$0.000000	1,882	07 Mar 2025	By Child 2	F3
transaction	WFC	Common Stock, $1 2/3 Par Value	Gift	$0	+500	+36.2%	$0.000000	1,882	07 Mar 2025	By Child 3	F3
holding	WFC	Common Stock, $1 2/3 Par Value						1,271	05 Mar 2025	Through 401(k) Plan	F4

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	-65,286	-100%	$0.000000	0	05 Mar 2025	Common Stock, $1 2/3 Par Value	65,286		Direct	F5, F6

* 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	Includes shares acquired under a dividend reinvestment program since the reporting person's most recent filing on Form 4.
F3	Represents a gift of 500 shares to each of three children.
F4	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.
F5	Each Performance Share represents a contingent right to receive one share of Company common stock upon vesting.
F6	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.