WEX (WEX) COO sells 1,200 shares, holding 22,288 after sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEX Inc. chief operating officer for Benefits, Robert Joseph Deshaies, reported an open-market sale of company stock. On May 28, 2026, he sold 1,200 shares of Common Stock at a weighted average price of $144.84 per share, in a series of trades priced between $144.83 and $144.86. After this transaction, he directly holds 22,288 WEX shares. The filing notes that full details of the individual sale prices are available to the SEC, the company, or any shareholder upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,200 shares ($173,808)
Net Sell
1 txn
Insider
Deshaies Robert Joseph
Role
COO, Benefits
Sold
1,200 shs ($174K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,200 | $144.84 | $174K |
Holdings After Transaction:
Common Stock — 22,288 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,200 shares
Weighted average sale price: $144.84 per share
Post-transaction holdings: 22,288 shares
+2 more
5 metrics
Shares sold
1,200 shares
Open-market sale on May 28, 2026
Weighted average sale price
$144.84 per share
Average across all sale trades
Post-transaction holdings
22,288 shares
Direct ownership after sale
Sale price range
$144.83–$144.86
Per-footnote trade price range
Net shares sold
1,200 shares
Net-sell direction in transaction summary
Key Terms
open-market sale, weighted average price, Common Stock, directly holds
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price listed is a weighted average price for all shares sold."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
directly holds financial
"After this transaction, he directly holds 22,288 WEX shares."
FAQ
What insider transaction did WEX (WEX) report in this Form 4?
WEX reported that executive Robert Joseph Deshaies sold 1,200 shares of Common Stock in an open-market transaction. The sale occurred on May 28, 2026, and was disclosed in a Form 4 insider trading report.
Was the WEX (WEX) insider sale an open-market transaction?
Yes. The filing classifies the transaction as an open-market sale of WEX Common Stock. The shares were sold in multiple trades on May 28, 2026, at prices ranging from $144.83 to $144.86.