Performance RSUs granted to WEX (WEX) chief accounting officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEX Inc. reported that Chief Accounting Officer Jennifer Kimball acquired 1,674 restricted stock units at no cost. These units were originally granted as performance stock units, and the compensation committee certified on February 13, 2026 that the performance criteria had been met, converting them into RSUs. All underlying shares are scheduled to vest on March 15, 2026, giving her full rights to the units on that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kimball Jennifer
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,674 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,674 shares (Direct)
Footnotes (1)
- This award was granted as a performance stock unit. The Leadership Development and Compensation Committee of the Company's Board of Directors certified that the performance criteria established in connection with this grant had been met as of February 13, 2026. As a result of achieving the performance criteria the award converted from a PSU to an RSU and the reporting person's right to these units was established. Restricted stock units will vest with respect to all of the underlying shares on March 15, 2026.
FAQ
What insider transaction did WEX (WEX) report for Jennifer Kimball?
WEX reported that Chief Accounting Officer Jennifer Kimball acquired 1,674 restricted stock units. These units were granted at no cost after performance goals were certified as achieved, converting prior performance stock units into time-vesting RSUs.
What triggered the RSU award to the WEX (WEX) Chief Accounting Officer?
The RSU award was triggered when the compensation committee certified performance criteria on February 13, 2026. This certification caused previously granted performance stock units to convert into 1,674 restricted stock units credited to Jennifer Kimball.
When will Jennifer Kimball’s WEX (WEX) restricted stock units vest?
The restricted stock units granted to Jennifer Kimball will vest on March 15, 2026. At that time, all underlying shares associated with the 1,674 units are scheduled to become fully vested in her name.
What type of equity instrument did WEX (WEX) grant to its Chief Accounting Officer?
WEX granted restricted stock units to its Chief Accounting Officer. The award began as performance stock units, and after performance criteria were met, it converted into 1,674 RSUs that will vest on March 15, 2026.