WEX (WEX) Chief Digital Officer earns 7,112 RSUs after performance goals met
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEX Inc. Chief Digital Officer Karen B. Stroup acquired 7,112 restricted stock units through a performance-based equity award. The company’s compensation committee certified that the performance goals were met on February 13, 2026, converting the award from performance stock units to RSUs. These restricted stock units are scheduled to vest in full on March 15, 2026, giving her rights to the underlying shares at that time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stroup Karen B.
Role
Chief Digital Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,112 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 7,112 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 equity award did WEX (WEX) report for Karen B. Stroup?
WEX reported that Chief Digital Officer Karen B. Stroup acquired 7,112 restricted stock units. The units resulted from a performance stock unit award whose performance criteria were certified as achieved on February 13, 2026, establishing her right to these units.
How were the performance criteria met for Karen B. Stroup’s WEX (WEX) award?
The Leadership Development and Compensation Committee certified that the performance criteria for Karen B. Stroup’s performance stock unit grant were met as of February 13, 2026. This certification caused the award to convert from performance stock units into restricted stock units.
When do Karen B. Stroup’s WEX (WEX) restricted stock units vest?
Karen B. Stroup’s restricted stock units at WEX are scheduled to vest on March 15, 2026. On that date, all underlying shares tied to the 7,112 RSUs become fully vested, giving her the corresponding share rights, subject to applicable plan terms.
What type of security did Karen B. Stroup receive from WEX (WEX)?
Karen B. Stroup received restricted stock units from WEX. These RSUs originated as performance stock units, which converted once the compensation committee confirmed that the required performance criteria had been achieved on February 13, 2026.
Does Karen B. Stroup’s WEX (WEX) equity grant involve a purchase price?
No cash purchase price is associated with Karen B. Stroup’s grant, which was reported at a price per unit of 0.0000. The award represents a grant of restricted stock units rather than an open-market share purchase transaction.