Form 4: WEX Inc. Director Shikhar Ghosh Reports Stock Transaction
SEC Form 4 Filing
Director Shikhar Ghosh reports the vesting and conversion of restricted stock units into common stock of WEX Inc.
Summary
- On May 9, 2025, Shikhar Ghosh, a director of WEX Inc., had 960 restricted stock units (RSUs) vest and convert into 960 shares of common stock.
- The transaction was reported on a Form 4 filed with the SEC on May 13, 2025.
- Following the transaction, Ghosh directly owns 49,727 shares of WEX Inc. common stock.
- Ghosh has granted power of attorney to Sara T.W. Trickett, Andrew Schwarcz, and Matthew Finkelstein to execute and file Forms 3, 4, and 5 on his behalf.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This filing indicates routine compensation-related stock vesting.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 2025-05-07 | Date of Power of Attorney execution. |
| 2025-05-09 | Date of transaction: vesting of restricted stock units and conversion to common stock. |
| 2025-05-13 | Date of Form 4 filing. |
Keywords
Form 4, WEX Inc., Director, Shikhar Ghosh, Stock Transaction, Restricted Stock Units, Beneficial Ownership, SEC Filing
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