Carriedo Carlos 4
4 · WEX Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
WEX COO Carlos Carriedo Receives 8,395 RSU Shares
What Happened
- Carlos Carriedo, COO of American Payments & Mobility at WEX Inc. (WEX), had restricted stock units (RSUs) vest on March 15, 2026. The RSUs converted into 8,395 shares of WEX common stock.
- To satisfy tax withholding, 3,210 shares were automatically withheld by WEX at $159.95 per share (reported proceeds ≈ $513,440). The net shares delivered to Carriedo were 5,185 shares (market value ≈ $829,340 at $159.95), for a total vested value of about $1.34M.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (no late filing indicated in the provided data).
- Reported codes: M = conversion/exercise of derivative (RSU conversion), F = shares withheld to pay taxes.
- Withheld/tax shares: 3,210 shares at $159.95 (total reported withheld value ≈ $513,440).
- Shares acquired via vesting/conversion: 8,395 shares; net shares retained: 5,185.
- Footnotes in the filing note these were RSUs that vested and converted to one share each following performance certification and the awards’ vesting schedule (one-third vesting over three anniversaries).
- Shares owned following the transaction were not specified in the provided summary.
Context
- This is a compensation-related vesting event (RSUs converting to stock), not an open-market purchase or discretionary sale by the insider. The tax withholding is routine and does not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
Form 4
WEX Inc.WEX
Carriedo Carlos
COO, Amer. Payments & Mobility
Transactions
- Exercise/Conversion
Common Stock
2026-03-15+1,155→ 6,919 total - Tax Payment
Common Stock
[F1]2026-03-15$159.95/sh−339$54,223→ 6,580 total - Exercise/Conversion
Common Stock
2026-03-15+964→ 7,544 total - Tax Payment
Common Stock
[F1]2026-03-15$159.95/sh−283$45,266→ 7,261 total - Exercise/Conversion
Common Stock
2026-03-15+6,276→ 13,537 total - Tax Payment
Common Stock
[F1]2026-03-15$159.95/sh−2,588$413,951→ 10,949 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-03-15−1,155→ 0 totalExercise: $0.00→ Common Stock (1,155 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-03-15−964→ 967 totalExercise: $0.00→ Common Stock (964 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-03-15−6,276→ 0 totalExercise: $0.00→ Common Stock (6,276 underlying)
Footnotes (4)
- [F1]Represents the number of shares automatically withheld by WEX for the payment of taxes in connection with the vesting of Restricted Stock Units ("RSUs") on March 15, 2026.
- [F2]RSUs vested on March 15, 2026 and each RSU converted into one share of common stock.
- [F3]One-third of RSUs vest each year on the first, second and third anniversaries of the date of grant.
- [F4]Following certification of performance relating to the award (as previously reported by the reporting person), the RSUs vested on March 15, 2026 and each converted into one share of common stock.
Signature
/s/ Andy Schwarcz as Attorney-in-Fact for Carlos Carriedo|2026-03-17