STOCK TITAN

[Form 4] WEX Inc. Insider Trading Activity

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WEX Inc. chair, CEO, and president Melissa D. Smith reported equity compensation and related tax withholding in WEX common stock. On February 23, 2026, she received a grant of 8,901 fully vested shares of common stock in lieu of cash under WEX’s 2025 short-term incentive plan, issued pursuant to the Amended and Restated 2019 Equity and Incentive Plan.

To cover taxes on this stock grant, 2,971 shares were automatically withheld by WEX. After these transactions, Smith directly held 83,748 WEX common shares. She also reported indirect holdings through several trusts and a spouse account, including the Melissa D. Smith 2024 and 2025 Trusts and three irrevocable trusts for her children.

Positive

  • None.

Negative

  • None.
Insider Smith Melissa D
Role Chair, CEO, and President
Type Security Shares Price Value
Grant/Award Common Stock 8,901 $151.67 $1.35M
Tax Withholding Common Stock 2,971 $151.67 $451K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 86,719 shares (Direct); Common Stock — 18,277 shares (Indirect, By husband)
Footnotes (1)
  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. Reflects distribution of 18,910 shares of common stock in accordance with the terms of the trust on August 27, 2025, from the Melissa D. Smith 2024 Trust, which are now directly held by the reporting person. Reflects contribution of 42,274 shares of common stock that were previously directly owned but were contributed to a trust for the benefit of Ms. Smith's children on November 14, 2025. 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. This trust was first described in a Form 4 filed by the reporting person on 06/28/2022. This trust was first described in a Form 4 filed by the reporting person on 03/18/2025.
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*
Smith Melissa D

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chair, CEO, and President
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 8,901(1) A $151.67 86,719(2)(3) D
Common Stock 02/23/2026 F 2,971(4) D $151.67 83,748 D
Common Stock 18,277 I By husband
Common Stock 1,693 I FBC Irrevocable Trust(5)
Common Stock 1,692 I BDC Irrevocable Trust(5)
Common Stock 1,693 I GMC Irrevocable Trust(5)
Common Stock 14,809(2) I Melissa D. Smith 2024 Trust(6)
Common Stock 42,274(3) I Melissa D. Smith 2025 Trust
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. Reflects distribution of 18,910 shares of common stock in accordance with the terms of the trust on August 27, 2025, from the Melissa D. Smith 2024 Trust, which are now directly held by the reporting person.
3. Reflects contribution of 42,274 shares of common stock that were previously directly owned but were contributed to a trust for the benefit of Ms. Smith's children on November 14, 2025.
4. 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.
5. This trust was first described in a Form 4 filed by the reporting person on 06/28/2022.
6. This trust was first described in a Form 4 filed by the reporting person on 03/18/2025.
Remarks:
/s/ Matthew Finkelstein, as attorney in-fact for Melissa D. Smith 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.