Alemany Ellen R 4
Research Summary
AI-generated summary
WEX Director Ellen R. Alemany Receives 2,352 RSUs
What Happened
Ellen R. Alemany, a director of WEX Inc. (WEX), received an award of 2,352 restricted stock units (RSUs) on May 14, 2026. The grant was reported as a derivative award (Form 4 code "A") with no cash purchase price ($0.00); shares will be issued if and when the RSUs vest.
Key Details
- Transaction date: 2026-05-14; reported on Form 4 filed 2026-05-18 (timely filing).
- Grant: 2,352 RSUs, price reported $0.00 (award/grant).
- Vesting: Footnote states all RSUs vest on May 14, 2027 (one-year cliff).
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Filed within the Form 4 reporting window (timely).
Context
RSUs are a form of equity compensation that convert into shares upon vesting and are commonly used for directors and executives; they do not represent immediately tradable stock and can be forfeited if vesting conditions are not met. This transaction is an award/grant, not a buy or sell, and therefore should not be read as an immediate market sentiment signal.