Form 4: WEX Inc. COO Robert Deshaies Sells Shares
SEC Form 4 Filing
WEX Inc. COO, Robert Joseph Deshaies, sold 1,651 shares of common stock at a weighted average price of $181.67 on August 21, 2024.
Summary
- On August 21, 2024, Robert Joseph Deshaies, the COO of Benefits at WEX Inc., sold 1,651 shares of WEX common stock.
- The sale was executed at a weighted average price of $181.67 per share.
- Following the transaction, Deshaies directly owns 7,757 shares of WEX Inc.
- The price range for the shares sold was between $181.53 and $181.72.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock sale, which is a neutral event. There is no indication of positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity. It is common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, but it is a common practice and does not necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 08/21/2024 | Date of the transaction: Robert Joseph Deshaies sold 1,651 shares of WEX Inc. common stock. |
| 08/23/2024 | Date of signature by attorney-in-fact for Robert Joseph Deshaies. |
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