WEX (WEX) COO Deshaies receives 12,759 RSUs after performance goals met
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEX Inc. Chief Operating Officer, Benefits, Robert Joseph Deshaies reported an acquisition of 12,759 restricted stock units. These units were originally granted as performance stock units, and the board’s compensation committee certified that the related performance criteria were met as of February 13, 2026.
Following this certification, the award converted from performance stock units into restricted stock units, establishing Deshaies’ right to the 12,759 units. All of these restricted stock units are scheduled to vest on March 15, 2026, subject to the award’s standard vesting terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Deshaies Robert Joseph
Role
COO, Benefits
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,759 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 12,759 shares (Direct)
Footnotes (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.
FAQ
What insider transaction did WEX (WEX) report for Robert Joseph Deshaies?
WEX reported that COO, Benefits, Robert Joseph Deshaies acquired 12,759 restricted stock units. These units resulted from a performance stock unit grant whose performance criteria were certified as achieved, converting the award into restricted stock units fully credited to him.
How many WEX (WEX) restricted stock units did Deshaies acquire in this Form 4?
Deshaies acquired 12,759 restricted stock units in this transaction. The units were granted at a price of $0.00 per unit as equity compensation, reflecting stock-based awards rather than an open-market share purchase for cash.
What triggered the conversion of WEX (WEX) performance stock units to RSUs for Deshaies?
The company’s Leadership Development and Compensation Committee certified that the performance criteria tied to Deshaies’ performance stock unit grant were met as of February 13, 2026. This certification caused the award to convert from performance stock units into restricted stock units in his name.
When will Robert Deshaies’ WEX (WEX) restricted stock units vest?
All of Robert Deshaies’ restricted stock units are scheduled to vest on March 15, 2026. On that vesting date, the underlying shares associated with the RSUs become deliverable to him, assuming he continues to satisfy any remaining award conditions.
What role does the WEX (WEX) compensation committee play in this RSU award?
The Leadership Development and Compensation Committee certified that performance criteria for Deshaies’ performance stock unit grant were achieved. That decision established his right to the units and converted the grant into restricted stock units credited to him.