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    SEC Form 8-K filed by Wells Fargo & Company

    5/14/25 8:12:49 AM ET
    $WFC
    Major Banks
    Finance
    Get the next $WFC alert in real time by email
    8-K
    2025-05-14 WELLS FARGO & COMPANY/MN NYSE false 0000072971 0000072971 2025-05-14 2025-05-14 0000072971 us-gaap:CommonStockMember 2025-05-14 2025-05-14 0000072971 wfc:A7.5NonCumulativePerpetualConvertibleClassAPreferredStockSeriesLMember 2025-05-14 2025-05-14 0000072971 wfc:NonCumulativePerpetualClassAPreferredStockSeriesYMember 2025-05-14 2025-05-14 0000072971 wfc:NonCumulativePerpetualClassAPreferredStockSeriesZMember 2025-05-14 2025-05-14 0000072971 wfc:NonCumulativePerpetualClassAPreferredStockSeriesAAMember 2025-05-14 2025-05-14 0000072971 wfc:NonCumulativePerpetualClassAPreferredStockSeriesCCMember 2025-05-14 2025-05-14 0000072971 wfc:NonCumulativePerpetualClassAPreferredStockSeriesDDMember 2025-05-14 2025-05-14 0000072971 wfc:GuaranteeofMediumTermNotesSeriesAdueOctober302028ofWellsFargoFinanceLLCMember 2025-05-14 2025-05-14

    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): May 14. 2025

    WELLS FARGO & COMPANY

    (Exact name of registrant as specified in its charter)

     

    Delaware   001-02979   No. 41-0449260

    (State or other jurisdiction

    of incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

    420 Montgomery Street, San Francisco, California 94104

    (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
    Symbol
      Name of Each Exchange
    on Which Registered

    Common Stock, par value $1-2/3

      WFC  

    New York Stock Exchange

    (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 May 14, 2025, Wells Fargo & Company (the “Company”) issued a press release announcing it will redeem on June 15, 2025 (which, due to the occurrence of a non-business day, will shift to June 16, 2025, the “Redemption Date”) all 80,000 outstanding shares of its 5.875% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series U (the “Series U Preferred Stock”) and all outstanding shares of the related depositary shares, each representing a 1/25th interest in a share of the Series U Preferred Stock (the “Series U Depositary Shares”). After giving effect to the redemption on the Redemption Date, no shares of the Series U Preferred Stock or the Series U Depositary Shares will remain outstanding.

     

    Item 9.01.

    Financial Statements and Exhibits.

    (d) Exhibits

     

    Exhibit No.

      

    Description

      

    Location

    99.1    Press Release dated May 14, 2025.    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: May 14, 2025   

    /s/ Bryant Owens

               
       Bryant Owens   
       Senior Vice President and Assistant Treasurer   
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