Form 8-K · Current report

Wells Fargo 8-K, filed Aug 19, 2026

Filed
CIK
0000072971
Accession no.
0001193125-26-356890
AI-generated summary

Summary

Wells Fargo & Company designated a new series of preferred stock, 6.55% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series HH, authorizing 70,000 shares with a $25,000 per-share liquidation preference, and sold 1,750,000 depositary shares each representing a 1/25th interest in a Series HH share.

Key points

  • Wells Fargo filed a Certificate of Designation with the Delaware Secretary of State on August 17, 2026, effective upon filing.
  • The Series HH Preferred Stock carries a 6.55% fixed rate reset, is non-cumulative and perpetual, and has a $25,000 liquidation preference per share.
  • Wells Fargo sold 1,750,000 depositary shares on August 19, 2026, each representing a 1/25th interest in a Series HH share.
  • Wells Fargo Securities, LLC acted as representative of the underwriters under an underwriting agreement dated August 12, 2026; Computershare Trust Company, N.A. and Computershare Inc. serve as depositary.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
  • 9.01Financial Statements and Exhibits

From the filing

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Article FOURTH of Wells Fargo & Company’s (the “Company”) Restated Certificate of Incorporation, as amended, authorizes the issuance from time to time of shares of Preferred Stock, without par value. On August 17, 2026, the Company filed with the Delaware Secretary of State a Certificate of Designation which, effective upon filing, designated a series of such Preferred Stock as “6.55% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series HH,” authorized 70,000 shares of Non-Cumulative Perpetual Class A Preferred Stock, Series HH, without par value and with a liquidation preference amount…

An excerpt of the text as filed with the SEC, cut for length.

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