STOCK TITAN

WEX (WEX) Chief Legal Officer receives 964 restricted stock units after PSU conversion

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

Rhea-AI Filing Summary

WEX Inc. reported that Chief Legal Officer Sara Trickett acquired 964 restricted stock units through the conversion of a prior performance stock unit award. The company’s compensation committee certified that the performance criteria for this grant were met as of February 13, 2026.

As a result of this certification, the award converted from performance stock units to restricted stock units, establishing her right to these units. All 964 restricted stock units are scheduled to vest on March 15, 2026, aligning her compensation with previously set performance goals.

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Insider Trickett Sara
Role Chief Legal Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 964 $0.00 --
Holdings After Transaction: Restricted Stock Units — 964 shares (Direct)
Footnotes (1)
  1. This award was granted as a performance stock unit. The Leadership Development and Compensation Committee of the Company's Board of Directors certified that the performance criteria established in connection with this grant had been met as of February 13, 2026. As a result of achieving the performance criteria the award converted from a PSU to an RSU and the reporting person's right to these units was established. Restricted stock units will vest with respect to all of the underlying shares on March 15, 2026.
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*
Trickett Sara

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

(Street)
PORTLAND ME 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)
Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units(1) $0 02/13/2026 A 964 (2) (2) Common Stock 964 $0 964 D
Explanation of Responses:
1. This award was granted as a performance stock unit. The Leadership Development and Compensation Committee of the Company's Board of Directors certified that the performance criteria established in connection with this grant had been met as of February 13, 2026. As a result of achieving the performance criteria the award converted from a PSU to an RSU and the reporting person's right to these units was established.
2. Restricted stock units will vest with respect to all of the underlying shares on March 15, 2026.
Remarks:
/s/ Matthew Finkelstein, as attorney-in-fact for Sara Trickett 02/18/2026
** 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.

FAQ

What insider transaction did WEX (WEX) report for Sara Trickett?

WEX reported that Chief Legal Officer Sara Trickett acquired 964 restricted stock units. These units resulted from a prior performance stock unit award that converted after performance criteria were certified as achieved on February 13, 2026, by the company’s compensation committee.

What triggered the PSU to RSU conversion in the WEX (WEX) Form 4 filing?

The conversion was triggered when WEX’s Leadership Development and Compensation Committee certified that the performance criteria for the prior performance stock unit grant were achieved as of February 13, 2026. This certification caused the award to convert into restricted stock units.

When will the restricted stock units reported for WEX (WEX) vest?

The restricted stock units will vest in full on March 15, 2026. On that date, all underlying shares associated with the 964 restricted stock units become vested, completing the transition from the performance-based grant to fully vested equity for the reporting person.

Was the WEX (WEX) insider equity grant a purchase or an award?

The transaction was an award acquisition, not an open-market purchase. It reflects a grant of equity compensation where a performance stock unit award converted into 964 restricted stock units after meeting predefined performance criteria, as certified by the company’s compensation committee.