Jagtar Narula - 19 Mar 2024 Form 4 Insider Report for WEX Inc. (WEX)

Signature
/s/ Timothy Bergeron, as Attorney-in-Fact for Jagtar Narula
Issuer symbol
WEX
Transactions as of
19 Mar 2024
Net transactions value
-$72,071
Form type
4
Filing time
21 Mar 2024, 17:16:02 UTC
Previous filing
19 Mar 2024
Next filing
24 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Sale $72,071 -309 -5.3% $233.24 5,528 19 Mar 2024 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 309 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2023.