Flowers Derek A.

Derek A. Flowers, Senior EVP and Chief Risk Officer at Wells Fargo (WFC), has demonstrated a consistent pattern of selling company stock without any offsetting purchases, according to SEC Form 4 filings. Over 49 reported transactions, Flowers has exclusively divested shares, totaling approximately $9.74 million in proceeds. His most significant recent sale occurred on March 5, 2026, when he disposed of shares worth $2.44 million. Earlier in February 2026, he executed multiple sales totaling $1.78 million across transactions of $543,101.93, $645,356.82, and $587,964.83. The filings show no open-market purchases during this period, with all transactions coded as "F" (indicating sales) or administrative adjustments. Flowers' selling activity extends back to December 2025, when he executed smaller sales ranging from $47,150.13 to $130,357.93 per transaction. A notable earlier divestment took place on March 5, 2025, when he sold shares worth $1.20 million. The absence of any buy transactions suggests a one-directional approach to managing his equity position in Wells Fargo. While the sales appear methodical—often clustered around quarterly intervals—the filings provide no indication of whether these disposals relate to stock-based compensation, tax planning, or other personal financial considerations. Flowers' transactions remain solely focused on WFC, with no diversification into other securities evident in the reported data.