Director Groch adds 1,500 WEX (NYSE: WEX) shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEX Inc. director James R. Groch reported an open-market purchase of 1,500 shares of the company’s Common Stock. The trade occurred at a price of $142.95 per share and was classified as a non-derivative transaction. Following this purchase, he directly holds 17,957 WEX shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,500 shares ($214,425)
Net Buy
1 txn
Insider
GROCH JAMES R
Role
null
Bought
1,500 shs ($214K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,500 | $142.95 | $214K |
Holdings After Transaction:
Common Stock — 17,957 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 1,500 shares
Purchase price: $142.95 per share
Holdings after transaction: 17,957 shares
3 metrics
Shares purchased
1,500 shares
Open-market buy of WEX Common Stock
Purchase price
$142.95 per share
Price for 1,500-share open-market transaction
Holdings after transaction
17,957 shares
Direct ownership following the reported purchase
Key Terms
open-market purchase, Common Stock, non-derivative
3 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
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.
non-derivative financial
"transaction_type: "non-derivative""
FAQ
What insider transaction did WEX (WEX) director James R. Groch report?
James R. Groch reported an open-market purchase of 1,500 WEX Common Stock shares. The transaction is a non-derivative buy, indicating he increased his direct equity stake in the company through a standard market purchase rather than through options or other derivatives.
What type of security did James R. Groch acquire in WEX (WEX)?
He acquired WEX Common Stock in a non-derivative transaction. Non-derivative means he bought the actual shares rather than options, warrants, or other derivative instruments, directly increasing his straightforward ownership stake in the company’s equity.
Was the WEX (WEX) insider transaction a buy or a sell?
The Form 4 reports a buy transaction, classified as an open-market purchase. James R. Groch added 1,500 WEX Common Stock shares to his holdings, increasing his direct ownership rather than disposing of or transferring shares.