Form 4 for WEX WEX Inc.
Accepted 2025-06-20 00:00:00 ET · period of report 2025-06-17 · accession 0001309108-25-000157 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-06-20 | 2025-06-17 | WEX | Trickett Sara | CLO | M - OptEx | $0.00 | +173 | 1,876 | +10% | $0 |
| DM | 2025-06-20 | 2025-06-17 | WEX | Trickett Sara | CLO | F - Tax | $143.39 | -52 | 1,800 | -3% | -$7,456 |
| DM | 2025-06-20 | 2025-06-17 | WEX | Trickett Sara | CLO | M - OptEx | $0.00 | -173 | 196 | -47% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-06-17 | M | A | 97 | $0.00 | 1,829 | D | — | — | |
| 2 | Common | Common Stock | 2025-06-17 | F | D | 23 | $143.39 | 1,853 | D | — | — | |
| 3 | Common | Common Stock | 2025-06-17 | M | A | 76 | $0.00 | 1,876 | D | — | — | |
| 4 | Common | Common Stock | 2025-06-17 | F | D | 29 | $143.39 | 1,800 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2025-06-17 | M | D | 97 | $0.00 | 196 | D | $0.00 · — to — | 97 Common Stock | (F3) RSUs vested on June 17, 2025 and each RSU converted into one share of common stock. (F4) One-third of RSUs vest each year on the first, second and third anniversaries of the date of grant. |
| 6 | Derivative | Market Share Units | 2025-06-17 | M | D | 76 | $0.00 | 196 | D | — · — to — | 76 Common Stock | (F6) Represents the number of MSUs that vested in the first tranche of the MSU award granted on June 17, 2024, based on a 77.72% payout factor, and were converted into an equal number of shares of common stock. (F5) Each MSU, a form of performance-based restricted stock unit, converts into the number of shares of common stock determined by applying a payout factor to the target number of MSUs vesting on a given date. The payout factor is a ratio of the average of the closing stock price on the measurement date plus the nine prior trading days divided by the average closing stock price immediately preceding the grant date (also a 10-day average). The minimum payout factor that must be achieved to earn a payout is 60% and the maximum payout factor is 200%. (F7) One-third of the MSU award vests on each of the first, second and third anniversaries of the grant date and converts into shares of common stock based on a payout factor, provided that if the payout factor is not at least 60% on an applicable measurement date, the MSUs eligible to vest on such date will be forfeited. |