secwatch.observer — SEC 8-K summary
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Issuer:     WELLS FARGO & COMPANY/MN (WFC)
CIK:        0000072971
Form:       8-K
Filed at:   2026-08-19T20:08:07+00:00
Accession:  0001193125-26-356890
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wells Fargo sells 1.75M depositary shares of new 6.55% Series HH preferred
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- Sold 1,750,000 depositary shares on Aug 19, 2026, each representing 1/25th interest in a Series HH preferred share.
- Series HH is 6.55% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred, $25,000 liquidation preference per share.
- Certificate of Designation filed with Delaware Secretary of State on Aug 17, 2026; authorizes 70,000 preferred shares.
- Underwriting agreement dated Aug 12, 2026; Wells Fargo Securities LLC served as underwriters' representative.
- Depositary shares imply $1,000 liquidation preference each (1/25th of $25,000 per preferred share).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72971/000119312526356890/0001193125-26-356890-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72971/000119312526356890/d144651d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-356890

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