---
schema_version: "secwatch.filing_event.v1"
accession: "0000072971-23-000122"
form_type: "8-K"
ticker: "WFC"
cik: "0000072971"
company_name: "WELLS FARGO & COMPANY/MN"
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T15:10:22.032845+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Wells Fargo amends by-laws to tighten stockholder proposal and nomination rules

## Summary
- Amendments effective July 1, 2023, approved by Board on June 27, 2023.
- New requirements include background checks for nominees and disclosure of solicitation participants.
- Stockholders soliciting proxies must deliver proxy statements to holders of at least 67% voting power.
- Company opted out of DGCL Section 116, requiring written notices; eliminated stockholder list inspection.
- Emergency by-law quorum condition removed; technical and gender-neutral updates adopted.

## SEC filing metadata
- accession: 0000072971-23-000122
- form_type: 8-K
- ticker: WFC
- cik: 0000072971
- company_name: WELLS FARGO & COMPANY/MN
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72971/000007297123000122/0000072971-23-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72971/000007297123000122/wfc-20230627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072971-23-000122
- JSON: https://secwatch.observer/filing/0000072971-23-000122.json
- Plain text: https://secwatch.observer/filing/0000072971-23-000122.txt

## Key facts
- Governance Changes
  WELLS FARGO & COMPANY/MN: Amended and restated By-Laws with changes to stockholder proposals, director nominations, meeting procedures, and other provisions (effective 2023-07-01).
  - Change: bylaw amendment
  - Effective: 2023-07-01
  source text: On June 27, 2023, the Board of Directors (the “ Board ”) of Wells Fargo & Company (the “ Company ”) approved and adopted the Company’s By-Laws (as amended and restated, the “ By-Laws ”), effective July 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/72971/000007297123000122/0000072971-23-000122-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.