Wells Fargo & Company filed a report on March 16, 2026, announcing the creation of 90,000 shares of a new series of Preferred Stock, called '6.125% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series GG', with a liquidation preference of $25,000 per share. On March 18, 2026, the company sold 2,250,000 depositary shares representing this preferred stock.