Robert Joseph Deshaies - Aug 31, 2023 Form 4 Insider Report for WEX Inc. (WEX)

Signature
/s/ Hilary Rapkin, as attorney-in-fact for Robert Joseph Deshaies
Stock symbol
WEX
Transactions as of
Aug 31, 2023
Transactions value $
-$196,220
Form type
4
Date filed
9/1/2023, 09:11 PM
Previous filing
Jun 28, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Sale -$196K -1K -11.03% $196.22 8.07K Aug 31, 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 1000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2023.