Wells Fargo say-on-pay vote draws 34% opposition; all directors elected, equity plan approved

Filed April 30, 2026 · Period ending April 28, 2026 · ~1 min read

Key Changes

• high

  Executive compensation approved with only 65.5% support (1.6B for, 831M against), reflecting elevated shareholder concern about pay practices that warrants board attention.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
• medium

  Shareholders approved amendment to 2022 Long-Term Incentive Plan with 95.9% support, authorizing continued equity-based compensation under updated terms.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• low

  All 12 directors elected with 93.9%–98.6% support; Wayne Hewett received lowest support at 93.9%, Felicia Norwood highest at 98.6%.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →