Kuohn Sandra D. 4

What Happened
Sandra D. Kuohn, Chief People Officer of WEX Inc. (WEX), was granted a total of 6,251 stock awards on March 16, 2026. The grants consist of 3,572 restricted stock units (RSUs) and a target of 2,679 market share units (MSUs). Both grants were reported as derivative awards with an acquisition price of $0.00 (typical for equity compensation awards).

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely within the 2-business-day window). Accession: 0001710534-26-000002.
• Awards and amounts: 3,572 RSUs; 2,679 MSU target units — total target = 6,251 units. Reported acquisition price: $0.00.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes / vesting terms:
  • RSUs vest one‑third on each of the first, second and third anniversaries of the grant (F1).
  • MSUs are performance-based and convert to shares based on a payout factor tied to VWAP ratios (10-day VWAP before vesting vs. 10-day VWAP before grant). Minimum payout factor to earn any payout is 60%; maximum is 200% (F2, F3, F4). One‑third of MSUs vest each year on the same anniversary schedule and will be forfeited for a vesting tranche if the payout factor is below 60% (F4).
• Transaction type code: A = Award/Grant (derivative).

Context
These were equity compensation grants (time-based RSUs and performance-based MSUs), not open‑market purchases or sales. RSUs and MSUs are typically part of executive pay packages and will convert into company stock only if/when vesting and performance conditions are met. Such grants are routine for executives and do not by themselves indicate a buy/sell view by the insider.