WEX.NYSEWex INC

Form 4: WEX Inc. Director Nancy A. Altobello Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


📋All filings for Wex INC

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

DateDescription
05/09/2025Date of RSU vesting and conversion to common stock.
05/13/2025Date of Form 4 filing.

Keywords

WEX Inc., Nancy A. Altobello, Form 4, Director, Stock, RSU, Restricted Stock Units, Beneficial Ownership, Equity, Transaction

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.