WEX insider sale notice: 875 shares via Merrill Lynch valued $150,223.68
Rhea-AI Filing Summary
Form: SEC Form 144 relating to WEX Inc. proposed sale.Proposed sale: 875 shares of Common Stock via Merrill Lynch (194 Wood Ave S, Iselin, NJ). Aggregate market value: $150,223.68. Shares outstanding: 32,264,311. Approximate sale date: 07/31/2025. Acquisition details: 192 shares acquired 03/15/2025 by vesting of restricted stock (payment: cash); 683 shares acquired 03/15/2014 by vesting of restricted stock (payment: cash). Securities sold in past 3 months: Nothing to report. Filer representation: signer represents no undisclosed material adverse information. Certain filing fields (filer CIK, issuer name/address, named seller relationship to issuer) are not provided in the text.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small proposed insider sale of 875 WEX shares; disclosure appears routine and non-material to shareholders.
The Form 144 notifies a broker-facilitated proposed sale of 875 common shares with an aggregate market value of $150,223.68, via Merrill Lynch, with an approximate sale date of 07/31/2025. Acquisition rows show the shares arose from vesting of restricted stock (dates: 03/15/2025 and 03/15/2014) and were paid for in cash. No sales in the past three months are reported. From a trading-disclosure perspective this is a routine filing and, given the absolute size, unlikely to be material to WEX shareholders.
TL;DR: Filing documents a routine insider disposition under Rule 144; disclosure meets basic compliance elements shown in the text.
The notice identifies the broker and the proposed sale amount and includes the required acquisition history lines indicating restricted-stock vesting. The filer also makes the standard representation that no undisclosed material adverse information is known. Several administrative fields such as filer CIK and named seller relationship to the issuer are not present in the provided content, which limits completeness for governance review. Overall, this appears to be a standard, procedural disclosure.