Sara Trickett - 17 Jun 2025 Form 4 Insider Report for WEX Inc. (WEX)

Role: Chief Legal Officer
Signature: /s/ Matthew Finkelstein, as attorney-in-fact for Sara Trickett
Issuer symbol: WEX
Transactions as of: 17 Jun 2025
Net transactions value: -$7,456
Form type: 4
Filing time: 20 Jun 2025, 18:25:34 UTC
Previous filing: 18 Mar 2025
Next filing: 17 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Trickett Sara	Chief Legal Officer	C/O WEX INC., 1 HANCOCK STREET, PORTLAND	/s/ Matthew Finkelstein, as attorney-in-fact for Sara Trickett	20 Jun 2025	0002008665

This filing has been restated, see here for the amended filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEX	Common Stock	Options Exercise	$0	+97	+5.6%	$0.000000	1,829	17 Jun 2025	Direct
transaction	WEX	Common Stock	Tax liability	$4,158	-29	-1.6%	$143.39	1,800	17 Jun 2025	Direct	F1
transaction	WEX	Common Stock	Options Exercise	$0	+76	+4.2%	$0.000000	1,876	17 Jun 2025	Direct
transaction	WEX	Common Stock	Tax liability	$3,298	-23	-1.2%	$143.39	1,853	17 Jun 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WEX	Restricted Stock Units	Options Exercise	$0	-97	-33%	$0.000000	196	17 Jun 2025	Common Stock	97	$0.000000	Direct	F3, F4
transaction	WEX	Market Share Units	Options Exercise	$0	-76	-28%	$0.000000	196	17 Jun 2025	Common Stock	76		Direct	F5, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents tax withholding in connection with the vesting of the Restricted Stock Units ("RSUs") on June 17, 2025.
F2	Represents tax withholding in connection with the vesting of the Market Share Units ("MSUs") on June 17, 2025.
F3	RSUs vested on June 17, 2025 and each RSU converted into one share of common stock.
F4	One-third of RSUs vest each year on the first, second and third anniversaries of the date of grant.
F5	Each MSU, a form of performance-based restricted stock unit, converts into the number of shares of common stock determined by applying a payout factor to the target number of MSUs vesting on a given date. The payout factor is a ratio of the average of the closing stock price on the measurement date plus the nine prior trading days divided by the average closing stock price immediately preceding the grant date (also a 10-day average). The minimum payout factor that must be achieved to earn a payout is 60% and the maximum payout factor is 200%.
F6	Represents the number of MSUs that vested in the first tranche of the MSU award granted on June 17, 2024, based on a 77.72% payout factor, and were converted into an equal number of shares of common stock.
F7	One-third of the MSU award vests on each of the first, second and third anniversaries of the grant date and converts into shares of common stock based on a payout factor, provided that if the payout factor is not at least 60% on an applicable measurement date, the MSUs eligible to vest on such date will be forfeited.