Form 4: WEX Inc. COO Carlos Carriedo Reports Stock Transactions
SEC Form 4 Filing
Carlos Carriedo, COO of Americas Payments & Mobility at WEX Inc., reports the vesting and conversion of restricted stock units and related tax withholding.
Summary
- On March 15, 2025, Carlos Carriedo, COO of Americas Payments & Mobility at WEX Inc., engaged in multiple transactions involving common stock and restricted stock units (RSUs).
- These transactions included the vesting and conversion of RSUs into common stock, as well as the disposal of shares to cover tax withholding obligations.
- The price per share for tax withholding purposes was $154.09.
- Carriedo acquired shares through the vesting of RSUs and disposed of shares to satisfy tax obligations.
- On March 17, 2025, Carriedo acquired 5,315 restricted stock units.
- After these transactions, Carriedo directly owns 5,315 derivative securities and 5,939 shares of WEX Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions of a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It reflects standard compensation practices involving stock-based awards.
Stakeholder Impact
- Shareholders are informed about the insider transactions of a key executive, providing transparency into management's holdings and activities.
- The transactions may have a minor impact on the stock's trading volume.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of earliest transaction involving common stock and restricted stock units. |
| 03/15/2025 | RSUs vested and converted into common stock. |
| 03/17/2025 | Acquisition of 5,315 restricted stock units. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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