WEX director granted 79 restricted stock units
Adams Kurt Patrick reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Adams Kurt Patrick reported acquisition or exercise transactions in this Form 4 filing.
WEX Inc. director Kurt Patrick Adams received 79 shares of common stock in the form of restricted stock units as a grant in lieu of his annual cash retainer. Following this award, he now holds 379 shares directly. These restricted stock units will be settled in WEX common stock 200 days after his service on the Board ends for any reason, under the company’s equity and deferred compensation plans.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 79 | $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
Non-Employee Directors Deferred Compensation Plan financial
FAQ
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What insider transaction did WEX (WEX) director Kurt Patrick Adams report?
When will the WEX (WEX) restricted stock units granted to Kurt Patrick Adams be paid?
Why did Kurt Patrick Adams receive WEX (WEX) restricted stock units instead of cash?
Are the WEX (WEX) restricted stock units granted to Kurt Patrick Adams part of a specific plan?
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