STOCK TITAN

WEX (WEX) COO sells 1,575 shares and receives 6,276 RSUs

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

WEX Inc. executive Carlos Carriedo, COO of Americas Payments & Mobility, reported two equity moves. On February 18, 2026, he sold 1,575 shares of common stock in an open-market transaction at a weighted average price of $159.9033 per share, leaving him with 3,695 directly held shares. On February 13, 2026, 6,276 performance stock units converted into restricted stock units after performance criteria were certified as achieved, and these RSUs are scheduled to vest in full on March 15, 2026.

Positive

  • None.

Negative

  • None.
Insider Carriedo Carlos
Role COO, Amer. Payments & Mobility
Sold 1,575 shs ($252K)
Type Security Shares Price Value
Sale Common Stock 1,575 $159.9033 $252K
Grant/Award Restricted Stock Units 6,276 $0.00 --
Holdings After Transaction: Common Stock — 3,695 shares (Direct); Restricted Stock Units — 6,276 shares (Direct)
Footnotes (1)
  1. The price listed is a weighted average price for all shares sold. All shares were sold for between $159.72 and $160.16. Upon request, the reporting person will provide the Securities and Exchange Commission, WEX Inc. or any security holder of WEX Inc. with full information regarding the number of shares sold at each separate purchase price. 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*
Carriedo Carlos

(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, Amer. Payments & Mobility
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
Common Stock 02/18/2026 S 1,575 D $159.9033(1) 3,695 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
Restricted Stock Units(2) $0 02/13/2026 A 6,276 (3) (3) Common Stock 6,276 $0 6,276 D
Explanation of Responses:
1. The price listed is a weighted average price for all shares sold. All shares were sold for between $159.72 and $160.16. Upon request, the reporting person will provide the Securities and Exchange Commission, WEX Inc. or any security holder of WEX Inc. with full information regarding the number of shares sold at each separate purchase price.
2. 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.
3. Restricted stock units will vest with respect to all of the underlying shares on March 15, 2026.
Remarks:
/s/ Andy Schwarcz as Attorney-in-Fact for Carlos Carriedo 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 transactions did WEX (WEX) COO Carlos Carriedo report?

Carlos Carriedo reported selling 1,575 WEX common shares and receiving 6,276 restricted stock units. The sale was an open-market transaction, while the RSUs resulted from performance stock units converting after achievement of pre-set performance criteria.

How many WEX (WEX) shares did the COO sell and at what price?

Carlos Carriedo sold 1,575 WEX common shares at a weighted average price of $159.9033 per share. All shares were sold between $159.72 and $160.16, according to the transaction disclosure and accompanying footnote.

How many WEX (WEX) shares does COO Carlos Carriedo hold after the sale?

After selling 1,575 shares, Carlos Carriedo directly holds 3,695 WEX common shares. This remaining balance reflects his direct ownership position immediately following the reported open-market transaction on February 18, 2026.

What equity award did the WEX (WEX) COO receive in this Form 4?

Carlos Carriedo received 6,276 restricted stock units that originated as performance stock units. The company’s committee certified the performance goals on February 13, 2026, triggering conversion from PSUs to RSUs and establishing his right to these units.

When will the new WEX (WEX) restricted stock units for the COO vest?

The 6,276 restricted stock units granted to Carlos Carriedo are scheduled to vest in full on March 15, 2026. Vesting means the units convert into shares the executive can own, subject to any applicable company policies.

What do the performance criteria mean for the WEX (WEX) COO’s stock units?

The COO’s award began as performance stock units, becoming restricted stock units once performance criteria were certified as met on February 13, 2026. Achieving these criteria established his right to 6,276 RSUs that will vest on March 15, 2026.