WEX COO receives stock grant, shares withheld for taxes

WEX Inc. chief operating officer for Americas Payments & Mobility, Carlos Carriedo, reported stock-based compensation and related tax withholding.

Rhea-AI Filing Summary

WEX Inc. chief operating officer for Americas Payments & Mobility, Carlos Carriedo, reported stock-based compensation and related tax withholding. He received a grant of 2,982 fully vested common shares valued at $151.67 per share under WEX's 2025 short-term incentive plan for services performed in 2025. WEX automatically withheld 913 shares at the same price to cover taxes on this grant, leaving Carriedo with direct ownership of 5,764 common shares after these transactions.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Carriedo Carlos

Role COO, Amer. Payments & Mobility

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,982	$151.67	$452K
Exercise Price or Tax Liability	Common Stock	913	$151.67	$138K

Holdings After Transaction: Common Stock — 5,764 shares (Direct)

Footnotes (2)

1. F1. Represents fully vested shares of WEX Inc. ("WEX") common stock granted in lieu of cash under WEX's 2025 short-term incentive plan for services performed in 2025 and issued pursuant to WEX's Amended and Restated 2019 Equity and Incentive Plan.
2. F2. Represents the number of shares automatically withheld by WEX for the payment of taxes in connection with the grant of common stock on February 23, 2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did WEX (WEX) executive Carlos Carriedo report?

Carlos Carriedo reported a stock grant and related tax withholding. He received 2,982 fully vested WEX common shares as incentive compensation, and 913 shares were automatically withheld by WEX to satisfy tax obligations tied to this equity award.

Was the WEX (WEX) Form 4 transaction an open-market buy or sell?

The Form 4 shows no open-market buying or selling. Shares were granted as compensation and some were withheld for taxes, a standard administrative process rather than a discretionary purchase or sale in the open market by the executive.

How many WEX (WEX) shares does Carlos Carriedo own after this Form 4?

After the reported grant and tax withholding, Carlos Carriedo directly owns 5,764 WEX common shares. This reflects his updated direct beneficial ownership following the 2,982-share award and the automatic withholding of 913 shares for associated tax liabilities.

What is the nature of the WEX (WEX) stock grant to Carlos Carriedo?

The grant represents fully vested WEX common stock issued instead of cash under the 2025 short-term incentive plan. It compensates Carriedo for services performed in 2025 and was awarded pursuant to WEX's Amended and Restated 2019 Equity and Incentive Plan.

Why were 913 WEX (WEX) shares withheld from Carlos Carriedo’s grant?

WEX automatically withheld 913 shares from the equity grant to pay required taxes. This tax-withholding disposition is coded as an F transaction and is a common administrative mechanism to satisfy tax liabilities owed on stock-based compensation awards.

Does the WEX (WEX) Form 4 indicate a change in insider sentiment?

The Form 4 reflects routine compensation and tax withholding, not a discretionary trade. Because the transactions involve an incentive grant and automatic tax share withholding, they do not clearly signal a change in personal investment sentiment toward WEX shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/25/2026 - 08:00 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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).

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^*

Carriedo Carlos

(Last) (First) (Middle)

C/O WEX INC.

1 HANCOCK STREET

(Street)

PORTLAND ME 04101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WEX Inc. [ WEX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO, Amer. Payments & Mobility

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/23/2026		A		2,982(1)	A	$151.67	6,677	D
Common Stock	02/23/2026		F		913(2)	D	$151.67	5,764	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents fully vested shares of WEX Inc. ("WEX") common stock granted in lieu of cash under WEX's 2025 short-term incentive plan for services performed in 2025 and issued pursuant to WEX's Amended and Restated 2019 Equity and Incentive Plan.

2. Represents the number of shares automatically withheld by WEX for the payment of taxes in connection with the grant of common stock on February 23, 2026.

Remarks:

	/s/ Andy Schwarcz as Attorney-in-Fact for Carlos Carriedo	02/25/2026
	** Signature of Reporting Person	Date
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.