secwatch.observer — SEC 8-K summary
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Issuer:     WELLS FARGO & COMPANY/MN (WFC)
CIK:        0000072971
Form:       8-K
Filed at:   2025-05-14T23:59:59+00:00
Accession:  0001193125-25-119411
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wells Fargo to redeem all Series U Preferred Stock on June 16, 2025
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- Redeems all 80,000 shares of 5.875% Series U Preferred at $25k/share and 2M depositary shares at $1k/share.
- Redemption date June 16, 2025 (shifted from June 15 due to non-business day).
- After redemption, no shares of Series U Preferred or related depositary shares remain outstanding.
- Regular quarterly dividend paid separately on redemption date to holders of record May 30, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72971/000119312525119411/0001193125-25-119411-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72971/000119312525119411/d55170d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-119411

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer