Form 4: WEX Inc. Director Nancy A. Altobello Reports Stock Transactions
SEC Form 4 Filing
Director Nancy A. Altobello reports the vesting and conversion of Restricted Stock Units (RSUs) into common stock.
Summary
- On May 9, 2025, Nancy A. Altobello, a director of WEX Inc., had 960 Restricted Stock Units (RSUs) vest and convert into common stock.
- These RSUs were granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan.
- The RSUs were credited under the WEX Inc. Non-Employee Deferred Compensation Plan.
- The resulting common stock will be transferred to Altobello 200 days after her service as a board member terminates.
- Following the transaction, Altobello directly owns 4,387 shares of WEX Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Future Outlook
The common stock from the vested RSUs will be transferred to Nancy A. Altobello 200 days after her service as a member of the Board of Directors terminates.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors about the holdings and transactions of key personnel.
Stakeholder Impact
- Shareholders are informed about insider transactions, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date of RSU vesting and conversion to common stock. |
| 05/13/2025 | Date of Form 4 filing. |
Keywords
WEX Inc., Nancy A. Altobello, Form 4, Director, Stock, RSU, Restricted Stock Units, Beneficial Ownership, Equity, Transaction
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