---
schema_version: "secwatch.filing_event.v1"
accession: "0000072971-26-000061"
form_type: "8-K"
ticker: "WFC"
cik: "0000072971"
company_name: "WELLS FARGO & COMPANY/MN"
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:42:48.025662+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Wells Fargo grants CEO Scharf $40M comp for 2025; cites regulatory wins, EPS up 17%

## Summary
- Board approved CEO Charles Scharf's total compensation of $40M for 2025, consisting of $2.5M salary and $37.5M variable.
- Net income rose to $21.3B; diluted EPS grew 17% YoY; fee-based revenue up 5%.
- Returned ~$23B to shareholders: common dividend increased 13% and $18B in share repurchases.
- ROE improved to 12.4% from 11.4%; board set new medium-term ROTCE target of 17-18%.
- Key regulatory progress: closed 7 consent orders, Federal Reserve asset cap removed.

## SEC filing metadata
- accession: 0000072971-26-000061
- form_type: 8-K
- ticker: WFC
- cik: 0000072971
- company_name: WELLS FARGO & COMPANY/MN
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72971/000007297126000061/0000072971-26-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72971/000007297126000061/wfc-20260127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072971-26-000061
- JSON: https://secwatch.observer/filing/0000072971-26-000061.json
- Plain text: https://secwatch.observer/filing/0000072971-26-000061.txt

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