STOCK TITAN

WEX Inc. (WEX) COO sells 2,000 shares in pre-set 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

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 Deshaies Robert Joseph
Role COO, Benefits
Sold 2,000 shs ($297K)
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
Holdings After Transaction: Common Stock — 22,240 shares (Direct)
Footnotes (1)
  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.
Shares sold 2,000 shares Total common stock sold on July 6, 2026
Sample sale price $149.77 per share One reported weighted-average price for common stock sale
Lowest price range $143.27–$143.65 Footnote F2 weighted-average price range for a sale tranche
Highest price range $149.71–$149.83 Footnote F8 weighted-average price range for a sale tranche
Trading plan adoption date February 24, 2026 Date COO adopted Rule 10b5-1 trading plan
Trade date July 6, 2026 Date all reported open-market sales occurred
Rule 10b5-1 trading plan regulatory
"The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price listed is a weighted average price. These shares were sold for between"
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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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FAQ

What did WEX (WEX) COO Robert Deshaies report in this Form 4?

He reported selling a total of 2,000 WEX common shares in open-market transactions on July 6, 2026. The trades were executed at prices between roughly $143 and $150 per share, according to the weighted-average pricing disclosures.

At what prices did the WEX (WEX) COO sell his shares?

The filing lists weighted-average prices for each trade, with shares sold between about $143.27 and $149.83 per share. Footnotes explain that detailed breakdowns by exact price level are available to regulators, the company, and shareholders on request.

How many WEX (WEX) shares did the COO sell in this transaction?

Across six separate open-market trades, the COO sold a combined 2,000 shares of WEX common stock. The filing’s transaction summary shows 2,000 shares categorized as sells and a net-sell direction, with no reported purchases or derivative exercises.

Were the WEX (WEX) insider stock sales discretionary or pre-planned?

The sales were pre-planned. A footnote states they occurred automatically under a Rule 10b5-1 trading plan adopted on February 24, 2026. Such plans schedule trades in advance, reducing the informational value of the exact timing of these transactions.

Did the WEX (WEX) COO exercise any stock options in this Form 4?

No. The insider activity reported consists solely of open-market sales of common stock. The derivative transaction count and exerciseShares fields are zero, and the derivativeSummary is empty, indicating no option exercises or other derivative transactions were disclosed in this filing.

Does this WEX (WEX) Form 4 include any gifts or tax-withholding share movements?

No gifts or tax-withholding entries appear. The transaction summary shows zero giftShares and taxWithholdingShares, indicating the reported activity was limited to open-market sales rather than transfers for tax obligations or charitable or family gifting purposes.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Deshaies Robert Joseph

(Last)(First)(Middle)
C/O WEX INC.
1 HANCOCK STREET

(Street)
PORTLAND MAINE 04101

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WEX Inc. [ WEX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
COO, Benefits
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/06/2026S48(1)D$143.46(2)(3)22,240D
Common Stock07/06/2026S227(1)D$145.84(3)(4)22,013D
Common Stock07/06/2026S135(1)D$146.9(3)(5)21,878D
Common Stock07/06/2026S265(1)D$147.92(3)(6)21,613D
Common Stock07/06/2026S1,317(1)D$149.26(3)(7)20,296D
Common Stock07/06/2026S8(1)D$149.77(3)(8)20,288D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. The price listed is a weighted average price. These shares were sold for between $143.27 and $143.65, inclusive.
3. 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.
4. The price listed is a weighted average price. These shares were sold for between $145.28 and $146.26, inclusive.
5. The price listed is a weighted average price. These shares were sold for between $146.33 and $147.31, inclusive.
6. The price listed is a weighted average price. These shares were sold for between $147.62 and $148.45, inclusive.
7. The price listed is a weighted average price. These shares were sold for between $148.71 and $149.68, inclusive.
8. The price listed is a weighted average price. These shares were sold for between $149.71 and $149.83, inclusive.
Remarks:
/s/ Matthew Finkelstein as attorney-in-fact for Robert Joseph Deshaies07/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)