WEX director awarded 186 deferred stock units
GROCH JAMES R reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
GROCH JAMES R reported acquisition or exercise transactions in this Form 4 filing.
WEX Inc. director James R. Groch received an award of 186 shares of common stock in the form of restricted stock units. These units were granted under the company’s 2019 Equity and Incentive Plan in lieu of his annual cash retainer as a non-employee director.
The award is deferred under WEX’s Non-Employee Directors Deferred Compensation Plan and will be settled in an equal number of common shares 200 days after his Board service ends. Following this grant, Groch directly holds 18,143 shares of WEX common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 186 | $0.00 | $0.00 |
Footnotes (1)
- F1. This common stock is represented by restricted stock units granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan (as defined in the 2025 WEX Inc. Proxy Statement filed on April 17, 2025) in lieu of the annual cash retainer. This was deferred in accordance with the Company's Non-Employee Directors Deferred Compensation Plan. Each restricted stock unit is payable in one share of WEX Inc. common stock 200 days immediately following the date upon which the holder's service as a member of the Board of Directors of WEX Inc. terminates for any reason.
Key Figures
Key Terms
restricted stock units financial
Amended and Restated WEX Inc. 2019 Equity and Incentive Plan financial
annual cash retainer financial
Non-Employee Directors Deferred Compensation Plan financial
Board of Directors other
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What did WEX (WEX) director James R. Groch report in this Form 4?
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When will the restricted stock units granted to WEX (WEX) director James R. Groch be paid?
Under which plan were the 186 restricted stock units for WEX (WEX) director granted?
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