WEX Inc. (WEX) COO sells 2,000 shares in pre-set 10b5-1 plan
Rhea-AI Filing Summary
WEX Inc. chief operating officer for Benefits, Robert Joseph Deshaies, reported open-market sales of a total of 2,000 shares of WEX common stock on July 6, 2026. The transactions were executed at prices within a disclosed range between approximately $143 and $150 per share.
The filing notes that these sales occurred automatically under a pre-arranged Rule 10b5-1 trading plan adopted by Deshaies on February 24, 2026, indicating the timing was set in advance rather than being a discretionary market-timing decision.
Positive
- None.
Negative
- None.
Insights
COO conducts small, pre-planned stock sale under Rule 10b5-1.
COO Robert Joseph Deshaies reported selling 2,000 shares of WEX Inc. common stock in multiple open-market transactions on July 6, 2026. Sale prices fell within a band of roughly $143 to $150 per share, based on the weighted-average price disclosures.
The filing states the trades occurred automatically under a Rule 10b5-1 trading plan adopted on February 24, 2026, framing them as pre-scheduled portfolio management rather than opportunistic selling. There were no option exercises, gifts, or tax-withholding entries, and no derivative positions are reported in this snapshot.
Given the modest size relative to typical executive holdings and the pre-set nature of the plan, this appears to be a routine insider net sale rather than a thesis-changing event. Future company filings may provide further context on overall ownership levels and any additional trading activity.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 48 | $143.46 | $7K |
| Sale | Common Stock | 227 | $145.84 | $33K |
| Sale | Common Stock | 135 | $146.90 | $20K |
| Sale | Common Stock | 265 | $147.92 | $39K |
| Sale | Common Stock | 1,317 | $149.26 | $197K |
| Sale | Common Stock | 8 | $149.77 | $1K |
Footnotes (1)
- The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2026. The price listed is a weighted average price. These shares were sold for between $143.27 and $143.65, inclusive. 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. The price listed is a weighted average price. These shares were sold for between $145.28 and $146.26, inclusive. The price listed is a weighted average price. These shares were sold for between $146.33 and $147.31, inclusive. The price listed is a weighted average price. These shares were sold for between $147.62 and $148.45, inclusive. The price listed is a weighted average price. These shares were sold for between $148.71 and $149.68, inclusive. The price listed is a weighted average price. These shares were sold for between $149.71 and $149.83, inclusive.