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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 30, 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: 1-415-371-2921

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 30, 2025, Wells Fargo & Company and Wells Fargo Bank, National Association (the “Bank”) announced that the Bank, as sponsor of CoreStates Capital II and CoreStates Capital III (each, a “Trust” and collectively, the “Trusts”), has submitted redemption notices to the property trustee for the capital securities issued by the Trusts. The redemption date shall be June 30, 2025 (the “Redemption Date”), and the redemption price shall be equal to $1,000 per capital security plus accrued and unpaid distributions thereon to, but excluding, the Redemption Date. After giving effect to the redemption on the Redemption Date, no capital securities of either Trust will remain outstanding.

 

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit No.

  

Description

  

Location

99.1    Press Release dated May 30, 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 30, 2025      

/s/ Bryant Owens

      Bryant Owens
      Senior Vice President and Assistant Treasurer