WEX (NYSE: WEX) CFO gets stock grant; shares withheld for taxes

Rhea-AI Filing Summary

WEX Inc. Chief Financial Officer Narula Jagtar reported equity-based compensation and related tax withholding. On February 23, 2026, Jagtar acquired 3,195 fully vested shares of WEX common stock at $151.67 per share, granted in lieu of cash under the company’s 2025 short-term incentive plan.

In a separate transaction the same day, 974 shares were automatically withheld at $151.67 per share to satisfy tax obligations tied to this stock grant. After these transactions, Jagtar directly held 18,258 shares of WEX common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Narula Jagtar

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,195	$151.67	$485K
Tax Withholding	Common Stock	974	$151.67	$148K

Holdings After Transaction: Common Stock — 19,232 shares (Direct)

Footnotes (1)

1. Represents fully vested shares of WEX Inc. ("WEX") common stock granted in lieu of cash under WEX's 2025 short-term incentive plan for services performed in 2025 and issued pursuant to WEX's Amended and Restated 2019 Equity and Incentive Plan. Represents the number of shares automatically withheld by WEX for the payment of taxes in connection with the grant of common stock on February 23, 2026.

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^*

Narula Jagtar

(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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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
Common Stock	02/23/2026		A		3,195(1)	A	$151.67	19,232	D
Common Stock	02/23/2026		F		974(2)	D	$151.67	18,258	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. Represents fully vested shares of WEX Inc. ("WEX") common stock granted in lieu of cash under WEX's 2025 short-term incentive plan for services performed in 2025 and issued pursuant to WEX's Amended and Restated 2019 Equity and Incentive Plan.

2. Represents the number of shares automatically withheld by WEX for the payment of taxes in connection with the grant of common stock on February 23, 2026.

Remarks:

	/s/ Matthew Finkelstein, as Attorney-in-Fact for Jagtar Narula	02/25/2026
	** 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 did WEX (WEX) CFO Narula Jagtar report in this insider transaction?

WEX CFO Narula Jagtar reported receiving 3,195 fully vested WEX common shares as part of 2025 incentive compensation. A portion of these shares was simultaneously withheld to cover tax obligations, reflecting routine equity compensation rather than an open-market stock purchase or sale.

How many WEX shares did the CFO receive as equity compensation?

Narula Jagtar received 3,195 fully vested shares of WEX common stock. The grant was made in lieu of cash under WEX’s 2025 short-term incentive plan and was issued pursuant to the company’s Amended and Restated 2019 Equity and Incentive Plan.

How many WEX shares were withheld for taxes in this filing?

A total of 974 WEX common shares were automatically withheld to pay taxes connected to the February 23, 2026 stock grant. This tax-withholding disposition is an administrative step, not an open-market sale, and is recorded using transaction code F in the filing.

What was the reported price per share for the WEX stock transactions?

Both the stock grant and the tax-withholding disposition used a reference price of $151.67 per WEX share. This price is applied for reporting and tax purposes, reflecting the value of shares granted and those withheld to satisfy associated tax liabilities.

How many WEX shares does the CFO own after these transactions?

Following the February 23, 2026 grant and tax withholding, Narula Jagtar directly holds 18,258 WEX common shares. This figure reflects the net position after receiving 3,195 shares as incentive compensation and the automatic withholding of 974 shares to cover tax obligations.

Does this WEX insider filing indicate an open-market stock sale by the CFO?

The filing does not show an open-market sale by the CFO. It reports a stock grant as compensation and an automatic withholding of 974 shares for taxes, categorized as a tax-withholding disposition rather than a discretionary sale into the public market.