STOCK TITAN

WEX (WEX) COO Deshaies receives 12,759 RSUs after performance goals met

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  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.
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*
Deshaies Robert Joseph

(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)
COO, Benefits
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
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
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
Restricted Stock Units(1) $0 02/13/2026 A 12,759 (2) (2) Common Stock 12,759 $0 12,759 D
Explanation of Responses:
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.
2. Restricted stock units will vest with respect to all of the underlying shares on March 15, 2026.
Remarks:
/s/ Matthew Finkelstein as attorney-in-fact for Robert Joseph Deshaies 02/18/2026
** 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 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.

Did Robert Deshaies buy or sell WEX (WEX) shares on the open market?

No open-market buy or sell is reported in this Form 4. The filing shows a grant or award acquisition of restricted stock units at a price of $0.00, reflecting equity compensation rather than a market transaction involving cash.

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.