WEX (WEX) director Don Callahan reports RSU grant and 1,567-share vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEX Inc. director Don Callahan reported equity compensation activity involving restricted stock units (RSUs) and common shares. On May 14, 2026, he received a grant of 1,605 RSUs tied to WEX common stock, which the footnotes state will vest in total on May 14, 2027 and be credited under the company’s Non-Employee Deferred Compensation Plan.
On May 15, 2026, 1,567 RSUs vested and were effectively converted into the same number of WEX common shares, increasing his directly held common stock to 12,077 shares. According to the footnotes, RSUs credited under the deferred compensation plan will ultimately be paid out as common stock 200 days after his Board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,567 shares exercised/converted
Mixed
3 txns
Insider
Callahan Don
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 — 12,077 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 granted: 1,605 RSUs
RSUs vested: 1,567 RSUs
Common shares held after transactions: 12,077 shares
+1 more
4 metrics
RSUs granted
1,605 RSUs
Grant on May 14, 2026; vests May 14, 2027
RSUs vested
1,567 RSUs
Vested and converted into common stock on May 15, 2026
Common shares held after transactions
12,077 shares
Direct WEX common stock holding after May 15, 2026
Exercise price of RSUs
$0.00 per unit
RSU grant and conversion reported with zero exercise price
Key Terms
Restricted Stock Units, Non-Employee Deferred Compensation Plan, Amended and Restated WEX Inc. 2019 Equity and Incentive Plan
3 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.
Non-Employee Deferred Compensation Plan financial
"Each RSU was credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be transferred"
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"
FAQ
What insider transactions did WEX (WEX) director Don Callahan report?
Don Callahan reported equity compensation transactions involving restricted stock units and common shares. He received 1,605 new RSUs on May 14, 2026, and 1,567 RSUs vested into common stock on May 15, 2026, increasing his directly held WEX shares.
How many WEX (WEX) restricted stock units were granted to Don Callahan?
Don Callahan was granted 1,605 restricted stock units linked to WEX common stock on May 14, 2026. These RSUs are a form of equity compensation and will vest in total on May 14, 2027, according to the disclosure footnotes.
When will Don Callahan’s new WEX (WEX) RSU grant fully vest?
The 1,605 WEX restricted stock units granted to Don Callahan will vest in total on May 14, 2027. Once vested, they are credited under the WEX Inc. Non-Employee Deferred Compensation Plan and ultimately paid in common stock after his Board service ends.
How many WEX (WEX) RSUs vested and converted into common stock?
A total of 1,567 restricted stock units vested for Don Callahan on May 15, 2026. These RSUs were effectively converted into 1,567 WEX common shares, increasing his directly held common stock position reported in this filing.
What is Don Callahan’s WEX (WEX) common stock holding after these transactions?
Following the RSU vesting and conversion on May 15, 2026, Don Callahan directly holds 12,077 shares of WEX common stock. This reflects the addition of 1,567 shares from vested restricted stock units reported in the Form 4 filing.
How are WEX (WEX) RSUs for Don Callahan paid out under the deferred compensation plan?
Vested WEX restricted stock units for Don Callahan are credited under the Non-Employee Deferred Compensation Plan. They will be transferred and paid to him as WEX common stock 200 days after his service on the Board of Directors terminates for any reason.