WEX (WEX) COO Carriedo logs RSU vesting, tax-withholding share disposition
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
391 shares exercised/converted
Mixed
3 txns
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)
- 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.
Key Figures
Shares withheld for taxes: 174 shares
RSUs converted: 391 RSUs
Price at tax withholding: $131.27 per share
+2 more
5 metrics
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
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, vesting, +1 more
5 terms
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."
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 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.