WEX director exercises 1,567 RSUs, gets new grant
WEX Inc. director Aimee Cardwell reported compensation-related equity activity.
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Form Type
4
Rhea-AI Filing Summary
WEX Inc. director Aimee Cardwell reported compensation-related equity activity. On May 15, 2026 she exercised 1,567 Restricted Stock Units into the same number of common shares, bringing her direct common stock holdings to 3,007 shares. These RSUs had been credited to the WEX Non-Employee Deferred Compensation Plan and are delivered as stock 200 days after her board service ends. On May 14, 2026 she also received a new grant of 1,605 RSUs that will vest in total on May 14, 2027 and then be credited to the same deferred compensation plan.
Insider Trade Summary
1,567 shares exercised/converted
Exercise
3 txns
Insider
Cardwell Aimee
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,567 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,567 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,605 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,605 contracts (Direct);
Common Stock — 3,007 shares (Direct)
Footnotes (3)
- F1. Represents Restricted Stock Units ("RSUs") granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan which vested on May 15, 2026. Each RSU was credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be transferred to the reporting person as common stock 200 days following the date upon which the holder's services as a member of the Board of Directors terminate for any reason.
- F2. Upon vesting these shares will be credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be paid to the reporting person as common stock 200 days immediately following the date upon which the holder's services as a member of the Board of Directors terminate for any reason.
- F3. RSUs will vest in total on May 14, 2027.
Key Figures
RSUs exercised: 1,567 shares
Common shares after exercise: 3,007 shares
New RSU grant: 1,605 RSUs
+2 more
5 metrics
RSUs exercised
1,567 shares
Restricted Stock Units converted to common stock on May 15, 2026
Common shares after exercise
3,007 shares
Total WEX common stock directly held after May 15, 2026 transaction
New RSU grant
1,605 RSUs
Grant dated May 14, 2026 under 2019 Equity and Incentive Plan
New RSU vesting date
May 14, 2027
RSUs will vest in total on this date
Deferred payout timing
200 days
RSU shares paid 200 days after Board service terminates
Key Terms
Restricted Stock Units ("RSUs"), Amended and Restated WEX Inc. 2019 Equity and Incentive Plan, WEX Inc. Non-Employee Deferred Compensation Plan, vest
4 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") granted under the Amended and Restated WEX Inc."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Amended and Restated WEX Inc. 2019 Equity and Incentive Plan financial
"RSUs granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan which vested"
WEX Inc. Non-Employee Deferred Compensation Plan financial
"Each RSU was credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be transferred"
vest financial
"RSUs will vest in total on May 14, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Aimee Cardwell report for WEX (WEX)?
Aimee Cardwell reported equity compensation activity at WEX, including exercising 1,567 Restricted Stock Units into common stock and receiving a new grant of 1,605 RSUs. These transactions reflect routine board compensation rather than open-market buying or selling of shares.
What RSU grant did Aimee Cardwell receive from WEX (WEX) on May 14, 2026?
On May 14, 2026, Aimee Cardwell received a grant of 1,605 Restricted Stock Units under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan. These RSUs vest in total on May 14, 2027 and are then credited to the Non-Employee Deferred Compensation Plan.
When will Aimee Cardwell’s WEX (WEX) RSUs be paid out as common stock?
Vested RSUs are credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be transferred as common stock 200 days after her service on the Board of Directors ends. This applies to both the vested RSUs and the 2027-vesting RSU grant disclosed.
Are Aimee Cardwell’s WEX (WEX) Form 4 transactions open-market purchases or sales?
The Form 4 shows no open-market buys or sells. Instead, it reports a derivative exercise converting 1,567 Restricted Stock Units into common stock and a grant of 1,605 new RSUs. These are compensation-related awards and vesting events, not discretionary trading in WEX shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
