Form 4: WEX Inc. COO, Americas, Robert Joseph Deshaies, Sells Shares
SEC Form 4 Filing
Robert Joseph Deshaies, COO, Americas of WEX Inc., sold 1,897 shares of common stock on May 2, 2024, at a weighted average price of $211.01.
Summary
- On May 2, 2024, Robert Joseph Deshaies, the COO, Americas of WEX Inc., sold 1,897 shares of WEX Inc. common stock.
- The sale was executed at a weighted average price of $211.01 per share.
- Following the transaction, Deshaies directly owns 9,408 shares of WEX Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. An insider selling shares doesn't necessarily indicate a negative outlook, as it could be for personal financial reasons. However, it doesn't inspire positive sentiment either.
Industry Context
This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The sale of shares by a company insider could potentially create uncertainty among shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of transaction: Robert Joseph Deshaies sold 1,897 shares of WEX Inc. common stock. |
| 05/06/2024 | Date of signature for the Form 4 filing. |
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