8-K

WELLS FARGO & COMPANY/MN (WFC)

8-K 2026-02-25 For: 2026-02-25
View Original
Added on April 02, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (date of earliest event reported): February 25, 2026

WELLS FARGO & COMPANY

(Exact name of registrant as specified in its charter)

Delaware 001-02979 No. 41-0449260
(State or other jurisdiction<br>of incorporation) (Commission File<br>Number) (IRS Employer<br>Identification No.)

333 Market Street, San Francisco, California 94105

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: 1-866-249-3302

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
--- ---
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
--- ---
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
--- ---

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class Trading<br>Symbol Name of Each Exchange<br>on Which Registered
Common Stock, par value $1-2/3 WFC New York Stock Exchange<br>(NYSE)
7.5% Non-Cumulative Perpetual Convertible Class A Preferred Stock, Series L WFC.PRL NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Y WFC.PRY NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Z WFC.PRZ NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series AA WFC.PRA NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series CC WFC.PRC NYSE
Depositary Shares, each representing a 1/1000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series DD WFC.PRD NYSE
Guarantee of Medium-Term Notes, Series A, due October 30, 2028 of Wells Fargo Finance LLC WFC/28A NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (17 CFR 230.405) or Rule 12b-2 of the Exchange Act (17 CFR 240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On February 25, 2026, Wells Fargo & Company (the “Company”) issued a press release announcing it will redeem on March 15, 2026 (which, due to the occurrence of a non-business day, will shift to March 16, 2026, the “Redemption Date”) all 140,400 outstanding shares of its 3.90% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series BB (the “Series BB Preferred Stock”) and all outstanding shares of the related depositary shares, each representing a 1/25^th^ interest in a share of the Series BB Preferred Stock (the “Series BB Depositary Shares”). After giving effect to the redemption on the Redemption Date, no shares of the Series BB Preferred Stock or the Series BB Depositary Shares will remain outstanding.

Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
--- ---
Exhibit No. Description Location
--- --- ---
99.1 Press Release dated February 25, 2026. Filed herewith
104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. Filed herewith

2

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

WELLS FARGO & COMPANY
DATED: February 25, 2026 /s/ Bryant Owens
Bryant Owens
Senior Vice President and Assistant Treasurer

EX-99.1

Exhibit 99.1

News Release | Feb. 25, 2026

Wells Fargo & Company Announces Full Redemption of its Series BB Preferred Stock and Related Depositary Shares

SAN FRANCISCO – Feb. 25, 2026 – Wells Fargo & Company (NYSE: WFC) today announced that on March 15, 2026 (which, due to the occurrence of a non-business day, will shift to March 16, 2026), it will redeem all 140,400 outstanding shares (the “Redeemed Series BB Preferred Shares”) of its 3.90% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series BB (the “Series BB Preferred Stock”). The redemption of the Redeemed Series BB Preferred Shares will trigger the redemption of the 3,510,000 outstanding shares of the related depositary shares (the “Redeemed Series BB Depositary Shares”), each representing a 1/25 interest in a share of Series BB Preferred Stock (the “Series BB Depositary Shares”). The redemption price will be equal to $25,000.00 per Redeemed Series BB Preferred Share and $1,000.00 per Redeemed Series BB Depositary Share. After giving effect to the redemption, no shares of the Series BB Preferred Stock or the Series BB Depositary Shares will remain outstanding.

Because the redemption date is also a dividend payment date for the Series BB Preferred Stock and the Series BB Depositary Shares, the redemption prices noted herein do not include declared and unpaid dividends. Regular quarterly dividends will be paid separately in the customary manner on March 15, 2026 (which, due to the occurrence of a non-business day, will shift to March 16, 2026), to holders of record at the close of business on February 27, 2026.

All regulatory requirements relating to the redemption of the Redeemed Series BB Preferred Shares and Redeemed Series BB Depositary Shares have been satisfied by Wells Fargo & Company, and no covenant remains in place to limit or prohibit the redemption of the Redeemed Series BB Preferred Shares and Redeemed Series BB Depositary Shares. The redemption agent is Computershare Trust Company, N.A., Attn: Corporate Actions, COY: WFCO, 150 Royall Street, Suite 101, Canton, MA 02021 or PO Box 43014, Providence, RI 02940-3014. Payment of the redemption price for the Redeemed Series BB Depositary Shares will be sent to holders by the redemption agent on the redemption date.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com

LinkedIn: https://www.linkedin.com/company/wellsfargo

Contact Information

© 2026 Wells Fargo Bank, N.A. All rights reserved.

Media

Beth Richek, 980-308-1568

Beth.Richek@wellsfargo.com

Investor Relations

Tanya Quinn, 415-396-7495

tanya.quinn@wellsfargo.com

News Release Category: WF-CFH

2 Feb. 25, 2026 News Release