STOCK TITAN

WEX (WEX) holder files Form 144 to resell RSU-based common shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A shareholder of WEX filed a notice of proposed sale of common stock under Rule 144. The shares were originally acquired as compensation through Restricted Stock Units (RSUs) granted on May 14, 2021 (1,261 shares) and June 4, 2022 (760 shares). Goldman Sachs & Co. LLC is listed as the broker for the planned transactions, with sales expected to be made on the NYSE around July 31, 2026. The filing documents the intent to sell these compensation-related shares in compliance with Rule 144 resale requirements.

Positive

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Negative

  • None.
RSU grant date 05/14/2021 Date of Restricted Stock Units described as acquired as compensation
Shares from 05/14/2021 RSU grant 1,261 shares Common shares to be sold originating from RSUs granted 05/14/2021
RSU grant date 06/04/2022 Date of second Restricted Stock Units grant acquired as compensation
Shares from 06/04/2022 RSU grant 760 shares Common shares to be sold originating from RSUs granted 06/04/2022
Proposed sale date 07/31/2026 Approximate date for NYSE sales in the securities information section
Form 144 regulatory
"144: Filer Information | | | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Units financial
"Acquired as compensation -- Restricted Stock Units | WEX"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 144 regulatory
"144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
compensation financial
"| 05/14/2021 | Acquired as compensation -- Restricted Stock Units"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the WEX Form 144 filing disclose?

The Form 144 for WEX discloses a proposed sale of common shares that were acquired as compensation via Restricted Stock Units, documenting the holder’s intention to resell these shares under Rule 144 on the public market.

How many WEX shares from each RSU grant are covered in this Form 144?

The filing covers 1,261 WEX common shares from RSUs granted on May 14, 2021 and 760 shares from RSUs granted on June 4, 2022, all originally acquired as compensation.

When is the proposed sale date for the WEX shares in this Form 144?

The proposed sale date for the WEX shares is around July 31, 2026. This date appears in the Form 144’s securities information section as the approximate timing for sales to be executed on the NYSE.

Which broker is expected to handle the WEX Rule 144 sale?

The filing lists Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282, as the broker-dealer for the proposed Rule 144 sale of WEX common stock on the NYSE.

What type of WEX securities are included in this Form 144 notice?

The notice covers WEX common stock that was acquired as compensation through Restricted Stock Units. These RSU-based shares are identified under the “Securities To Be Sold” section of the Form 144.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature