WEX (WEX) grants RSUs and performance Market Share Units to Chief People Officer
Rhea-AI Filing Summary
WEX Inc. reported that Chief People Officer Sandra D. Kuohn received equity-based compensation on March 16, 2026. She was granted 3,572 Restricted Stock Units that vest in three equal annual installments on the first, second, and third anniversaries of the grant date.
She was also granted 2,679 Market Share Units, which are performance-based restricted share units. One-third of the MSUs vest on each of the first three anniversaries of the grant, converting into common shares based on a payout factor between 60% and 200% tied to WEX’s stock price performance. MSUs scheduled to vest on a date are forfeited if the payout factor is below 60%.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kuohn Sandra D.
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,572 | $0.00 | -- |
| Grant/Award | Market Share Units | 2,679 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,572 shares (Direct);
Market Share Units — 2,679 shares (Direct)
Footnotes (1)
- One-third of Restricted Stock Units ("RSUs") vest each year on the first, second and third anniversaries of the date of grant. Each Market Share Unit ("MSU"), a form of performance-based restricted share unit, converts into the number of shares of common stock determined by applying a payout factor to the target number of MSUs vesting on a given date. The payout factor is a ratio of the volume weighted average closing price per share over the 10 trading days immediately preceding (and excluding) the vesting date divided by the volume weighted average closing price per share over the 10 trading days immediately preceding (and excluding) the grant date. The minimum payout factor that must be achieved to earn a payout is 60% and the maximum payout factor is 200%. Represents the target number of shares underlying the MSU award granted on March 16, 2026. One-third of the MSU award vests on each of the first, second and third anniversaries of the date of grant and converts into shares of common stock based on a payout factor, provided that if the payout factor is not at least 60% on an applicable vesting date, the MSUs eligible to vest on such date will be forfeited.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did WEX (WEX) disclose for Sandra D. Kuohn?
WEX disclosed that Chief People Officer Sandra D. Kuohn received equity awards, including 3,572 Restricted Stock Units and 2,679 Market Share Units on March 16, 2026. These are stock-based compensation grants, not open-market purchases or sales of WEX common stock.
How do Sandra Kuohn’s Restricted Stock Units from WEX (WEX) vest?
Sandra Kuohn’s 3,572 Restricted Stock Units vest in three equal annual installments. One-third of the RSUs vest on each of the first, second, and third anniversaries of the March 16, 2026 grant date, subject to the applicable service-based vesting conditions.
Is the WEX (WEX) Form 4 transaction a stock purchase or sale by Sandra Kuohn?
The Form 4 reports equity awards, not market trades. Sandra Kuohn acquired 3,572 Restricted Stock Units and 2,679 Market Share Units as compensation grants, coded as “A” for grant or award acquisition, with no reported open-market buying or selling of WEX common stock.