WEX Inc. (NYSE: WEX) risk chief sells 3,400 shares at $176 average price
Rhea-AI Filing Summary
WEX Inc. executive Drew Ann Elena, Chief Risk and Compliance, reported selling 3,400 shares of common stock on July 27, 2026. The sale was reported at a weighted average price of $176.02 per share, with individual trades between $176.00 and $176.29. After this transaction, she directly holds 7,988 shares of WEX common stock. The transaction was reported as a sale in the open market or a private transaction and was not designated as pursuant to a Rule 10b5‑1 trading plan.
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Insights
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Insider Trade Summary
Net Seller: 3,400 shares
Net Sell
1 txn
Insider
Drew Ann Elena
Role
Chief Risk and Compliance
Sold
3,400 shs ($598K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 3,400 | $176.02 | $598K |
Holdings After Transaction:
Common Stock — 7,988 shares (Direct)
Footnotes (2)
- F1. The price listed is a weighted average price. These shares were sold for between $176.00 and $176.29, inclusive.
- F2. 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.
Key Figures
Shares sold: 3,400 shares
Weighted average sale price: $176.02 per share
Sale price range: $176.00–$176.29 per share
+2 more
5 metrics
Shares sold
3,400 shares
Common stock sold on July 27, 2026 by Chief Risk and Compliance officer
Weighted average sale price
$176.02 per share
Reported weighted average price for the 3,400 shares sold
Sale price range
$176.00–$176.29 per share
Range of individual sale prices noted in the footnote
Shares held after transaction
7,988 shares
Direct ownership of WEX common stock following the sale
Net shares sold
3,400 shares
Net sell activity in this Form 4, per transaction summary
Key Terms
weighted average price, Sale in open market or private transaction, Securities and Exchange Commission
3 terms
weighted average price financial
"The price listed is a weighted average price."
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.
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Securities and Exchange Commission regulatory
"provide the Securities and Exchange Commission., WEX Inc. or any security holder"
A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did WEX (WEX) report for Drew Ann Elena?
WEX reported that Chief Risk and Compliance officer Drew Ann Elena sold 3,400 shares of WEX common stock on July 27, 2026. The transaction was reported as a sale in the open market or a private transaction, according to the Form 4 details.
Was the WEX (WEX) insider sale made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox was not marked, so the sale was not designated as pursuant to a Rule 10b5-1 trading plan. No footnote describes the transaction as occurring under any pre-arranged trading plan.
What role does the reporting person hold at WEX (WEX)?
The reporting person, Drew Ann Elena, serves as WEX Inc.’s Chief Risk and Compliance officer. Her status as an executive officer makes her transactions in WEX common stock reportable on Form 4 as insider activity under SEC rules.