WEX (ticker: WEX) COO sells shares after stock award

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

WEX Inc. executive Robert Joseph Deshaies reported mixed stock transactions. He received 3,713 fully vested common shares on February 23, 2026 as a stock award in lieu of cash, with 1,315 shares withheld to cover taxes. On February 24, 2026 he sold a total of 3,238 shares in open-market trades at weighted average prices around $150–$152, leaving 14,859 shares held directly.

Insider Trade Summary

Net Seller: 3,238 shares ($486,416)

Net Sell 5 txns

Insider Deshaies Robert Joseph

Role COO, Benefits

Sold 3,238 shs ($486K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,820	$150.06	$423K
Sale	Common Stock	332	$151.16	$50K
Sale	Common Stock	86	$151.88	$13K
Grant/Award	Common Stock	3,713	$151.67	$563K
Tax Withholding	Common Stock	1,315	$151.67	$199K

Holdings After Transaction: Common Stock — 15,277 shares (Direct)

Footnotes (1)

Represents fully vested shares of WEX Inc. ("WEX") common stock granted in lieu of cash under WEX's 2025 short-term incentive plan for services performed in 2025 and issued pursuant to WEX's Amended and Restated 2019 Equity and Incentive Plan. Represents the number of shares automatically withheld by WEX for the payment of taxes in connection with the grant of common stock on February 23, 2026. The price listed is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.64 to $150.63, inclusive. Upon request, the reporting person will provide the Securities and Exchange Commission, WEX Inc. or any security holder of WEX Inc. with full information regarding the number of shares sold at each separate purchase price. The price listed is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.71 to $151.46, inclusive. The price listed is a weighted average price. These shares were sold in multiple transactions at prices ranging from $151.84 to $151.93, inclusive.

Form 4 Insider Transactions: What Each Field Means →

02/25/2026 - 08:00 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Deshaies Robert Joseph

(Last)

(First)

(Middle)

C/O WEX INC.

1 HANCOCK STREET

(Street)

PORTLAND

04101

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
WEX Inc. [ WEX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	COO, Benefits

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/23/2026		A		3,713⁽¹⁾	A	$151.67	19,412	D
Common Stock	02/23/2026		F		1,315⁽²⁾	D	$151.67	18,097	D
Common Stock	02/24/2026		S		2,820	D	$150.06⁽³⁾⁽⁴⁾	15,277	D
Common Stock	02/24/2026		S		332	D	$151.16⁽⁴⁾⁽⁵⁾	14,945	D
Common Stock	02/24/2026		S		86	D	$151.88⁽⁴⁾⁽⁶⁾	14,859	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents fully vested shares of WEX Inc. ("WEX") common stock granted in lieu of cash under WEX's 2025 short-term incentive plan for services performed in 2025 and issued pursuant to WEX's Amended and Restated 2019 Equity and Incentive Plan.

2. Represents the number of shares automatically withheld by WEX for the payment of taxes in connection with the grant of common stock on February 23, 2026.

3. The price listed is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.64 to $150.63, inclusive.

4. Upon request, the reporting person will provide the Securities and Exchange Commission, WEX Inc. or any security holder of WEX Inc. with full information regarding the number of shares sold at each separate purchase price.

5. The price listed is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.71 to $151.46, inclusive.

6. The price listed is a weighted average price. These shares were sold in multiple transactions at prices ranging from $151.84 to $151.93, inclusive.

Remarks:

	/s/ Matthew Finkelstein as attorney-in-fact for Robert Joseph Deshaies	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did WEX (WEX) COO Robert Deshaies report?

Robert Deshaies reported a stock award and related share dispositions. He received 3,713 fully vested WEX common shares, had 1,315 shares withheld for taxes, and sold 3,238 shares in open-market transactions, leaving 14,859 shares owned directly afterward.

How many WEX shares did Robert Deshaies sell and at what prices?

He sold 3,238 WEX common shares in total. The transactions occurred at weighted average prices of $150.06, $151.16, and $151.88 per share, with each line representing multiple trades within the stated price ranges on February 24, 2026.

What stock award did WEX grant to COO Robert Deshaies in February 2026?

WEX granted 3,713 fully vested common shares to Robert Deshaies. The shares were issued on February 23, 2026 at $151.67 per share in lieu of cash under the 2025 short-term incentive plan and pursuant to the Amended and Restated 2019 Equity and Incentive Plan.

Why were 1,315 WEX shares withheld from Robert Deshaies’ award?

The 1,315 WEX shares were automatically withheld to pay taxes. This tax-withholding disposition was tied to the February 23, 2026 grant of common stock, with WEX using the shares’ value to satisfy the associated tax liability for the award.

How many WEX shares does Robert Deshaies own after these Form 4 transactions?

After the reported transactions, Robert Deshaies directly owns 14,859 WEX common shares. This reflects the February 23, 2026 award, the 1,315-share tax withholding, and the February 24, 2026 open-market sales reported as non-derivative transactions on the Form 4.

What plan governed the WEX stock award to COO Robert Deshaies?

The stock award was granted under WEX’s Amended and Restated 2019 Equity and Incentive Plan. It represented fully vested common shares issued in lieu of cash for services performed in 2025, consistent with WEX’s 2025 short-term incentive plan structure for executive compensation.