Robert Joseph Deshaies - Jun 2, 2023 Form 4 Insider Report for WEX Inc. (WEX)

Role
COO, Americas
Signature
/s/ Hilary Rapkin, as attorney-in-fact for Robert Joseph Deshaies
Stock symbol
WEX
Transactions as of
Jun 2, 2023
Transactions value $
-$129,188
Form type
4
Date filed
6/6/2023, 05:35 PM
Previous filing
May 5, 2023
Next filing
Jun 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Sale -$129K -750 -9.46% $172.25 7.18K Jun 2, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale of 750 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2023.