Ellen R. Patterson, a Director at Wells Fargo & Company (WFC), has sold 60,000 shares of the financial institution's stock. The transaction occurred on February 27, 2026, with shares sold at an average price of $87.40. The total value of the sale amounts to approximately $5,244,000.
This sale follows a similar transaction by another insider, Bridget E. Engle, who sold 30,000 shares on February 26, 2026. Insider selling can occur for a variety of reasons, including portfolio diversification or personal financial planning, and does not necessarily indicate a negative outlook on the company's future performance.
Wells Fargo & Company (WFC) is a diversified financial services company providing banking, investment, mortgage, and consumer and commercial finance. The company's stock has seen activity from various insiders in recent trading sessions.