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WEX (WEX) COO Carriedo logs RSU vesting, tax-withholding share disposition

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WEX Inc. executive Carlos Carriedo, COO of Americas Payments & Mobility, reported routine equity compensation activity tied to Restricted Stock Units (RSUs) on June 17, 2026. RSUs vested on that date and each RSU converted into one share of common stock.

To cover tax obligations on the vesting, 174 shares of common stock were automatically withheld by WEX, a tax-withholding disposition rather than an open-market sale. In connection with the RSU vesting, 391 RSUs were exercised and converted into common shares. Following these transactions, Carriedo directly holds 12,325 shares of WEX common stock.

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  • None.

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Insider Carriedo Carlos
Role COO, Amer. Payments & Mobility
Type Security Shares Price Value
Exercise Restricted Stock Units 391 $0.00 --
Exercise Common Stock 391 $0.00 --
Tax Withholding Common Stock 174 $131.27 $23K
Holdings After Transaction: Restricted Stock Units — 391 shares (Direct, null); Common Stock — 12,325 shares (Direct, null)
Footnotes (1)
  1. Represents the number of shares automatically withheld by WEX for the payment of taxes in connection with the vesting of Restricted Stock Units ("RSUs") on June 17, 2026. RSUs vested on June 17, 2026 and each RSU converted into one share of common stock. One-third of RSUs vest each year on the first, second and third anniversaries of the date of grant.
Shares withheld for taxes 174 shares Automatic tax-withholding on RSU vesting June 17, 2026
RSUs converted 391 RSUs RSUs vested and converted into common stock June 17, 2026
Price at tax withholding $131.27 per share Value used for 174-share tax-withholding disposition
Common shares after transactions 12,325 shares Direct WEX common stock ownership following June 17, 2026 events
Tax-withholding shares count 1 transaction, 174 shares Summarized in transactionSummary as taxWithholdingShares
Restricted Stock Units financial
"Represents the number of shares automatically withheld by WEX for the payment of taxes in connection with the vesting of Restricted Stock Units"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
vesting financial
"RSUs vested on June 17, 2026 and each RSU converted into one share of common stock."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
anniversaries of the date of grant financial
"One-third of RSUs vest each year on the first, second and third anniversaries of the date of grant."
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SEC Form 4
FORM 4UNITED 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*
Carriedo Carlos

(Last)(First)(Middle)
C/O WEX INC.
1 HANCOCK STREET

(Street)
PORTLAND MAINE 04101

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WEX Inc. [ WEX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
COO, Amer. Payments & Mobility
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/17/2026M391A$012,325D
Common Stock06/17/2026F174(1)D$131.2712,151D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$006/17/2026M391(2) (3) (3)Common Stock391$0391D
Explanation of Responses:
1. Represents the number of shares automatically withheld by WEX for the payment of taxes in connection with the vesting of Restricted Stock Units ("RSUs") on June 17, 2026.
2. RSUs vested on June 17, 2026 and each RSU converted into one share of common stock.
3. One-third of RSUs vest each year on the first, second and third anniversaries of the date of grant.
Remarks:
/s/ Andy Schwarcz as Attorney-in-Fact for Carlos Carriedo06/22/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did WEX (WEX) COO Carlos Carriedo report?

Carlos Carriedo reported RSU-related transactions on June 17, 2026. Restricted Stock Units vested and converted into common stock, and shares were automatically withheld by WEX to pay taxes associated with that vesting event.

How many WEX (WEX) shares were withheld for taxes in this Form 4?

The filing shows 174 shares of WEX common stock were automatically withheld to pay taxes on RSU vesting. This is a tax-withholding disposition, not an open-market sale by the executive.

How many Restricted Stock Units vested for WEX (WEX) COO Carlos Carriedo?

The Form 4 indicates that 391 Restricted Stock Units vested on June 17, 2026. Each RSU converted into one share of WEX common stock as part of this equity compensation event.

What are Carlos Carriedo’s WEX (WEX) common stock holdings after these transactions?

After the June 17, 2026 RSU vesting and tax withholding, Carlos Carriedo directly holds 12,325 shares of WEX common stock. This reflects his updated equity ownership disclosed in the Form 4.

Does the WEX (WEX) Form 4 show an open-market sale by the COO?

The transactions are related to RSU vesting and tax withholding, not open-market sales. Shares were automatically withheld by WEX to satisfy tax obligations associated with equity compensation.

How do WEX (WEX) RSUs vest for Carlos Carriedo according to the filing?

The footnotes state that one-third of the RSUs vest each year on the first, second, and third anniversaries of the grant date. On June 17, 2026, a portion vested and converted into common stock.