Insider trade

Officer sold ~$5.24M of WFC shares in the open market

Traded Feb 26, 2026 · Filed Feb 27, 2026

Wells FargoWFC

~$5.24M
Reported value · 60K sh @ $87.40: 169K
Holds after · shares reported: -7.0%
stock since the trade · S&P 500 +10.8%, $86.30 → $80.25 on Oct 1

Why it stands out

Wells Fargo's Sr. EVP and General Counsel sold $5.24M of Wells Fargo shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Feb 26, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 27, 2026

Officer$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$5,244,000

Shares × reported transaction price

Timing vs results

43 days after results of Jan 14, 2026, 47 days before results of Apr 14, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $86.30 on Feb 26, 2026, 42% above its 52-week low and 10% below its high, after an 8% drop over the previous 30 trading days

52-week range $60.98 (Apr 4, 2025) to $96.39 (Jan 6, 2026), 72% of the way up, from 251 adjusted closes. 30 trading days earlier: $93.56 on Jan 13, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 6 workers was filed in California on March 3, 2026.

From the official state WARN list, 5 days after the trade; 2 more notices by the company within 60 days. Shown for timing only; the two filings are separate

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Jan 14, 2025 in the U.S. District Court, D. Nevada. A filing is an allegation, not a finding.

Azarmehr v. Wells Fargo Clearing Services LLC Advisors, docket 2:25-cv-00088, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	-4.5%	-1.2%	-3.4%
30 days	-2.4%	-4.5%	+2.1%
90 days	-6.5%	+10.5%	-17.1%
180 days	+4.6%	+11.8%	-7.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0000072971-26-000152
Filed / recorded: Feb 27, 2026, 9:46 PM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: WELLS FARGO & COMPANY/MN
Issuer CIK: 72971
Ticker: WFC
Reporting person: Ellen R Patterson
Relationship: Officer
Officer title: Sr. EVP and General Counsel
Security: Common Stock, $1 2/3 Par Value
Table: Non-derivative (Table I)
Transaction date: Feb 26, 2026
Transaction code: S
Shares / units: 60,000
Price per share: $87.40
Acquired / disposed: Disposed (D)
Shares owned after: 169,496.3951
Ownership form: Direct
Amendment: No

Footnotes from the filing

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.25 to $87.82, inclusive. The reporting person undertakes to provide to Wells Fargo & Company (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.