Short answer
Wells Fargo & Co (WFC) filed an 8-K current report with the SEC on August 19, 2026 reporting Item 5.03 (Amendments to Articles of Incorporation or Bylaws). New Series HH preferred stock authorized: 70,000 shares with $25,000 liquidation preference per share.
Wells Fargo & Co 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.03 · Amendments to Articles of Incorporation or Bylaws
- New Series HH preferred stock authorized: 70,000 shares with $25,000 liquidation preference per share
- Potential liquidation preference of $1.75 billion across the authorized Series HH shares
- 6.55% fixed-rate reset, non-cumulative, perpetual structure
- Non-cumulative dividends increase investor income risk if distributions are skipped
- Certificate effective August 17, 2026, establishing Series HH rights and restrictions
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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