WEX (WEX) director reports 176-share restricted stock grant and 10,339 total holdings
Rhea-AI Filing Summary
WEX Inc. director Daniel Callahan reported receiving additional WEX common stock through a deferred equity grant. On 12/31/2025, he acquired 176 shares of common stock, bringing his total beneficial ownership to 10,339 shares, held directly.
The filing explains that this stock is represented by restricted stock units granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan in lieu of the annual cash retainer, and deferred under the Company’s Non-Employee Directors Deferred Compensation Plan. Each restricted stock unit will convert into one share of WEX common stock, payable 200 days after his service on the WEX Board of Directors ends for any reason.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 176 | $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.
FAQ
What insider transaction did WEX (WEX) disclose in this Form 4?
WEX Inc. disclosed that director Daniel Callahan acquired 176 shares of WEX common stock on 12/31/2025, reported as an acquisition of non-derivative securities.
What is the nature of the equity award reported by WEX (WEX)?
The equity award is common stock represented by restricted stock units granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan in lieu of the annual cash retainer.
How are the restricted stock units for the WEX (WEX) director deferred?
The restricted stock units were deferred under the Companys Non-Employee Directors Deferred Compensation Plan, rather than paid immediately in cash or stock.
What is Daniel Callahans relationship to WEX (WEX)?
Daniel Callahan is reported as a Director of WEX Inc., and the Form 4 is filed as a Form filed by One Reporting Person.
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