WEX (NYSE: WEX) director granted 171 deferred restricted stock units as retainer

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

1 transaction reported

Mixed 1 txn

Insider GROCH JAMES R

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	171	$0.00	--

Holdings After Transaction: Common Stock — 14,890 shares (Direct)

Footnotes (1)

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Key Figures

RSU grant: 171 shares Holdings after transaction: 14,890 shares Settlement timing: 200 days

3 metrics

RSU grant 171 shares Restricted stock units granted in lieu of annual cash retainer

Holdings after transaction 14,890 shares Direct WEX common stock held by James R. Groch after grant

Settlement timing 200 days RSUs payable 200 days after Board service terminates

Key Terms

restricted stock units, Amended and Restated WEX Inc. 2019 Equity and Incentive Plan, Non-Employee Directors Deferred Compensation Plan

3 terms

restricted stock units financial

"This common stock is represented by restricted stock units granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan"

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.

Amended and Restated WEX Inc. 2019 Equity and Incentive Plan financial

"restricted stock units granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan"

Non-Employee Directors Deferred Compensation Plan financial

"This was deferred in accordance with the Company's Non-Employee Directors Deferred Compensation Plan."

Form 4 Insider Transactions: What Each Field Means →

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^*

GROCH JAMES R

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		A		171	A	(1)	14,890	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	/s/ Matthew Finkelstein, as attorney-in-fact for James R. Groch	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did WEX (WEX) director James R. Groch report in this Form 4?

James R. Groch reported receiving 171 restricted stock units representing WEX common stock as a grant under the company’s equity and incentive plan. These units replace his annual cash retainer and are deferred until after his service on the Board of Directors ends.

Is the WEX (WEX) Form 4 transaction an open-market stock purchase or sale?

No, the Form 4 transaction is not an open-market trade. It reflects a grant or award acquisition of 171 restricted stock units provided as director compensation, rather than a voluntary market purchase or sale of WEX common stock by James R. Groch.

How many WEX (WEX) shares does James R. Groch hold after this Form 4 transaction?

After the reported grant of 171 restricted stock units, James R. Groch is shown as holding 14,890 shares of WEX common stock directly. This total reflects his ownership immediately following the compensation-related award reported in the filing.

When will the restricted stock units reported by WEX (WEX) director James R. Groch be paid?

Each restricted stock unit will be settled in one share of WEX common stock 200 days immediately following the date when James R. Groch’s service as a member of the Board of Directors terminates for any reason, according to the filing’s footnote.

Why were WEX (WEX) restricted stock units granted to James R. Groch instead of cash?

The filing states that the 171 restricted stock units were granted in lieu of the annual cash retainer. This means Groch elected or agreed to receive equity-based compensation under WEX’s plans instead of receiving his usual director cash retainer payment.

Under which WEX (WEX) plans were James R. Groch’s restricted stock units granted and deferred?

The restricted stock units were granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan and deferred under the Company’s Non-Employee Directors Deferred Compensation Plan, as described in the Form 4 footnote.