---
schema_version: "secwatch.filing_event.v1"
accession: "0000072971-25-000045"
form_type: "8-K"
ticker: "WFC"
cik: "0000072971"
company_name: "WELLS FARGO & COMPANY/MN"
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T06:05:33.976605+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Wells Fargo CEO Scharf awarded $31.2M total comp for 2024; EPS up 11% YoY

## Summary
- Board approved $31.2M total compensation for CEO Charles Scharf for 2024: $2.5M salary + $28.7M variable ($7.2M cash, $21.5M equity).
- Diluted EPS was $5.37, up 11% from 2023; ~$25B returned to shareholders; quarterly dividend increased 15%.
- Board cited progress on risk/control infrastructure, growth in fee revenue, and investments in credit cards, Premier, and CIB.
- Equity awards structured 65% Performance Share Awards and 35% Restricted Share Rights, unchanged from 2022 program.
- Full comp details to appear in 2025 proxy statement; CEO base salary unchanged at $2.5M since 2019.

## SEC filing metadata
- accession: 0000072971-25-000045
- form_type: 8-K
- ticker: WFC
- cik: 0000072971
- company_name: WELLS FARGO & COMPANY/MN
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72971/000007297125000045/0000072971-25-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72971/000007297125000045/wfc-20250128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072971-25-000045
- JSON: https://secwatch.observer/filing/0000072971-25-000045.json
- Plain text: https://secwatch.observer/filing/0000072971-25-000045.txt

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