Form 4: WEX Inc. Executive Dearborn Donates Shares to Charity
SEC Form 4 Filing
Joel Alan Dearborn JR, Chief Strategy Officer of WEX Inc., reports a gift of 350 common stock shares to a charitable donor-advised fund on March 1, 2024.
Summary
- On March 1, 2024, Joel Alan Dearborn JR, Chief Strategy Officer of WEX Inc., gifted 350 shares of common stock to a charitable donor-advised fund.
- Following the transaction, Dearborn directly owns 15,103 shares of WEX Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction (gift of stock), so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a personal transaction of an executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the gift transaction of common stock. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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