Powell Scott

Powell Scott, Senior Executive Vice President and Chief Operating Officer, has demonstrated a consistent pattern of selling Wells Fargo (WFC) shares over time, with no recorded purchases in SEC filings. According to Form 4 disclosures, Scott has executed 45 transactions exclusively involving WFC, all of which were sales, totaling approximately $25.9 million in aggregate value. The most recent transactions occurred on March 5, 2026, with two separate sales each valued at $4.23 million, following earlier dispositions on February 5, 2026, where multiple sales ranged from $657,544 to $1.06 million. Scott’s trading activity appears structured, with sales often clustered around quarterly intervals, including transactions in December 2025 and March 2025. The largest single sale in the dataset was recorded on March 5, 2025, amounting to $3.29 million. Notably, many filings include transactions coded as "F" (indicating open-market or privately negotiated sales) alongside "M" and "A" entries reflecting derivative adjustments or awards with no reported value. The absence of any buy transactions suggests a long-term divestment trend, though the sales may represent planned dispositions tied to compensation or portfolio rebalancing. All activity remains confined to Wells Fargo, reflecting Scott’s exclusive focus on his employer’s securities in disclosed trades.