STOCK TITAN

WEX (WEX) director Sobbott gains shares through RSU grant and vesting

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

Rhea-AI Filing Summary

WEX Inc. director Susan Sobbott reported routine equity compensation activity. On May 14, 2026, she received a grant of 1,605 Restricted Stock Units, which will vest in full on May 14, 2027. On May 15, 2026, 1,567 RSUs vested and each RSU converted into one share of common stock at no cash exercise price. Following these transactions, she directly holds 7,881 shares of WEX common stock. These filings reflect compensation-related awards and vesting, not open-market buying or selling.

Positive

  • None.

Negative

  • None.
Insider Sobbott Susan
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 1,567 $0.00 --
Exercise Common Stock 1,567 $0.00 --
Grant/Award Restricted Stock Units 1,605 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 7,881 shares (Direct, null)
Footnotes (1)
  1. Restricted Stock Units ("RSUs") will vest in total on May 14, 2027. RSUs vested on May 15, 2026 and each RSU converted into one share of common stock.
RSU grant 1,605 units Restricted Stock Units granted on May 14, 2026
RSUs vested 1,567 units RSUs vested and converted on May 15, 2026
Shares received from vesting 1,567 shares Each RSU converted into one WEX common share
Holdings after transactions 7,881 shares Direct WEX common stock held following Form 4 transactions
Exercise price $0.00 per unit RSU conversion price shown in Form 4
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") will vest in total on May 14, 2027."
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.
RSUs financial
"RSUs vested on May 15, 2026 and each RSU converted into one share of common stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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*
Sobbott Susan

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
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 Stock05/15/2026M1,567A$07,881D
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$005/14/2026A1,605 (1) (1)Common Stock1,605$01,605D
Restricted Stock Units$005/15/2026M1,567 (2) (2)Common Stock1,567$00D
Explanation of Responses:
1. Restricted Stock Units ("RSUs") will vest in total on May 14, 2027.
2. RSUs vested on May 15, 2026 and each RSU converted into one share of common stock.
Remarks:
/s/ Matthew Finkelstein, as attorney-in-fact for Susan Sobbott05/18/2026
** 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) director Susan Sobbott report?

Susan Sobbott reported equity compensation activity, including a grant of 1,605 Restricted Stock Units and the vesting of 1,567 RSUs that converted into common shares. These are non-cash, compensation-related acquisitions rather than open-market stock purchases or sales.

How many WEX (WEX) shares does Susan Sobbott hold after these Form 4 transactions?

After the reported transactions, Susan Sobbott holds 7,881 shares of WEX common stock directly. This total reflects the 1,567 shares received from RSU vesting on May 15, 2026, combined with her prior holdings disclosed in the Form 4.

What RSU grant did Susan Sobbott receive from WEX (WEX) in May 2026?

On May 14, 2026, Susan Sobbott received a grant of 1,605 Restricted Stock Units from WEX. According to the filing, these RSUs will vest in total on May 14, 2027, subject to the standard vesting conditions described in the company’s award terms.

When did Susan Sobbott’s WEX (WEX) RSUs vest and convert into shares?

A block of 1,567 Restricted Stock Units vested on May 15, 2026. The filing states that each vested RSU automatically converted into one share of WEX common stock, increasing her direct share holdings without requiring a cash exercise payment.

Were Susan Sobbott’s WEX (WEX) Form 4 transactions open-market buys or sells?

No, the transactions were not open-market buys or sells. They represent a grant of new Restricted Stock Units and the vesting and conversion of existing RSUs into common shares, both categorized as acquisitions related to equity compensation rather than market trading.