WEX (NYSE: WEX) director reports RSU grant and 1,567-share vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEX Inc. director Derrick A. Roman reported routine equity compensation activity. On May 15, 2026, 1,567 Restricted Stock Units (RSUs) vested and were converted into an equal number of common shares, bringing his directly held common stock to 6,434 shares.
The vested RSUs were credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be delivered as common stock 200 days after his Board service ends. On May 14, 2026, he also received a grant of 1,605 RSUs under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan, which will vest in total on May 14, 2027. These are compensation-related acquisitions, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,567 shares exercised/converted
Mixed
3 txns
Insider
Roman Derrick A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,567 | $0.00 | -- |
| Exercise | Common Stock | 1,567 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,605 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 6,434 shares (Direct, null)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs") granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan which vested on May 15, 2026. Each RSU was credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be transferred to the reporting person as common stock 200 days following the date upon which the holder's services as a member of the Board of Directors terminate for any reason. Upon vesting these shares will be credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be paid to the reporting person as common stock 200 days immediately following the date upon which the holder's services as a member of the Board of Directors terminate for any reason. RSUs will vest in total on May 14, 2027.
Key Figures
RSUs vested and converted: 1,567 units/shares
Shares held after transaction: 6,434 shares
New RSU grant: 1,605 units
+3 more
6 metrics
RSUs vested and converted
1,567 units/shares
RSUs vested and converted to common stock on May 15, 2026
Shares held after transaction
6,434 shares
Direct common stock holdings following RSU conversion
New RSU grant
1,605 units
RSUs granted on May 14, 2026 under 2019 Equity and Incentive Plan
RSU vesting date
May 14, 2027
Future vesting date for 1,605 granted RSUs
Prior RSU vesting date
May 15, 2026
Vesting date for 1,567 RSUs converted to common stock
Deferral payout lag
200 days
Common stock delivered 200 days after Board service ends
Key Terms
Restricted Stock Units, Amended and Restated WEX Inc. 2019 Equity and Incentive Plan, Non-Employee Deferred Compensation Plan, vested, +1 more
5 terms
Restricted Stock Units financial
"Represents Restricted Stock Units ("RSUs") granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated WEX Inc. 2019 Equity and Incentive Plan financial
"RSUs granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan which vested on May 15, 2026"
Non-Employee Deferred Compensation Plan financial
"Each RSU was credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be transferred to the reporting person"
vested financial
"RSUs granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan which vested on May 15, 2026"
Board of Directors financial
"the date upon which the holder's services as a member of the Board of Directors terminate for any reason"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transactions did WEX (WEX) director Derrick A. Roman report?
Derrick A. Roman reported compensation-related equity transactions. 1,567 RSUs vested and converted into common stock, and he received a new grant of 1,605 RSUs scheduled to vest in 2027, all as part of WEX’s equity incentive and deferred compensation plans.
What RSU grant did WEX (WEX) report for director Derrick A. Roman?
WEX granted Derrick A. Roman 1,605 Restricted Stock Units on May 14, 2026. These RSUs were issued under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan and are scheduled to vest in total on May 14, 2027, subject to service conditions.
Were Derrick A. Roman’s WEX Form 4 transactions open-market buys or sells?
The reported transactions were not open-market buys or sells. They reflect an RSU grant and the vesting and conversion of RSUs into common stock, all at a stated price of $0.00 per unit, consistent with equity compensation awards rather than market trading activity.
What plans govern the RSUs reported by WEX director Derrick A. Roman?
The RSUs were granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan. Upon vesting, they are credited under the WEX Inc. Non-Employee Deferred Compensation Plan and later paid out in common stock based on the plan’s 200-day post-service distribution rule.