WEX (WEX) COO sells 1,575 shares and receives 6,276 RSUs
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 1,575 shares ($251,848)
Net Sell
2 txns
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)
- 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.
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.
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.