WEX director awarded 171 deferred stock units
WEX Inc. director James R. Groch received a grant of 171 shares of common stock in the form of restricted stock units under the company’s equity and incentive plan, classified as a grant or award acquisition.
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Rhea-AI Filing Summary
WEX Inc. director James R. Groch received a grant of 171 shares of common stock in the form of restricted stock units under the company’s equity and incentive plan, classified as a grant or award acquisition. Following this grant, he holds 14,890 shares of WEX common stock directly.
The units were granted in lieu of the annual cash retainer and were deferred under the Non-Employee Directors Deferred Compensation Plan. Each restricted stock unit will be settled in one share of WEX common stock 200 days after Groch’s service on the Board of Directors ends for any reason.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 171 | $0.00 | $0.00 |
Footnotes (1)
- F1. This common stock is represented by restricted stock units granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan (as defined in the 2025 WEX Inc. Proxy Statement filed on April 17, 2025) in lieu of the annual cash retainer. This was deferred in accordance with the Company's Non-Employee Directors Deferred Compensation Plan. Each restricted stock unit is payable in one share of WEX Inc. common stock 200 days immediately following the date upon which the holder's service as a member of the Board of Directors of WEX Inc. terminates for any reason.
Key Figures
Key Terms
restricted stock units financial
Amended and Restated WEX Inc. 2019 Equity and Incentive Plan financial
Non-Employee Directors Deferred Compensation Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WEX (WEX) director James R. Groch report in this Form 4?
Is the WEX (WEX) Form 4 transaction an open-market stock purchase or sale?
When will the restricted stock units reported by WEX (WEX) director James R. Groch be paid?
Why were WEX (WEX) restricted stock units granted to James R. Groch instead of cash?
Under which WEX (WEX) plans were James R. Groch’s restricted stock units granted and deferred?
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