SCHARF CHARLES W (CEO & President) exercised options at WELLS FARGO & COMPANY/MN
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 3/9/2026ACC: 0000072971-26-000183
DirectorOfficer· CEO & President
Since Oct 2019
-210.01K
Net shares
Net seller
$17.63M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
379.77K acquired · 589.78K disposed
Non-Derivative Transactions2
Common Stock, $1 2/3 Par Value
Direct
Shares
+379.77K
Price / share
—
Trade value
—
% of position
34.0%
3/5/2026
1.12M→1.50M
Common Stock, $1 2/3 Par Value
Direct
Shares
−210.01K
Price / share
$83.93
Trade value
$17.63M
% of position
14.0%
3/5/2026
1.50M→1.29M
Total
Net shares
+169.76K
Net value
-$17.63M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $1 2/3 Par Value Direct | 3/5/2026 | M · Option Exercise | +379.77K | — | — | 34.0% | 1.12M | 1.50M |
| Common Stock, $1 2/3 Par Value Direct | 3/5/2026 | F · Tax Withholding | −210.01K | $83.93 | $17.63M | 14.0% | 1.50M | 1.29M |
| Total | +169.76K | -$17.63M | ||||||
Derivative Transactions1
2023 Performance Shares
Direct
Converts to
Common Stock, $1 2/3 Par Value
379.77K shares
Shares
−379.77K
Strike price
Held after
0.00
Exercisable
—
3/5/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| 2023 Performance Shares Direct | Common Stock, $1 2/3 Par Value379.77K shares | 3/5/2026 | M · Option Exercise | −379.77K | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)2
Common Stock, $1 2/3 Par Value
IndirectShares owned103.00
Common Stock, $1 2/3 Par Value
IndirectShares owned418.97
Total
521.97 indirect521.97
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock, $1 2/3 Par Value | 103.00 | Indirect |
| Common Stock, $1 2/3 Par Value | 418.97 | Indirect |
| Total | 521.97 | 521.97 indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported