Wells Fargo filed a Certificate of Designation on August 17, 2026, designating 70,000 shares of 6.55% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series HH, with a $25,000 liquidation preference per share. On August 19, 2026, the company sold 1,750,000 depositary shares, each representing a 1/25th interest in one share of the Series HH Preferred Stock. Wells Fargo operates as a diversified financial services holding company.