Dearborn Joel Alan JR 4
4 · WEX Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
WEX COO Joel A. Dearborn Jr. Sells 3,500 Shares
What Happened
Joel Alan Dearborn Jr., WEX Inc.'s Chief Operating Officer, International, sold a total of 3,500 WEX shares in multiple open‑market transactions on April 1, 2026. The sales were reported in six lots: 73 shares at $147.93 ($10,799), 93 shares at $148.70 ($13,829), 341 shares at $150.32 ($51,259), 168 shares at $151.14 ($25,392), 675 shares at $152.42 ($102,883), and 2,150 shares at $152.71 ($328,327), for aggregate proceeds of approximately $532,489. These were sales (code S), typically routine and not an explicit bullish signal.
Key Details
- Transaction date: 2026-04-01; Form 4 filed 2026-04-02 (timely filing).
- Total sold: 3,500 shares for about $532,489 in aggregate.
- Prices reported by lot (weighted averages); individual lots had price ranges per footnotes (see below).
- Shares owned after transaction: not specified in the information you provided (see the full Form 4 for post‑transaction holdings).
- Notable footnotes: F1 — sales occurred automatically under a Rule 10b5‑1 plan adopted Dec 2, 2025; F2–F7 — listed prices are weighted averages with specified price ranges for each lot; F3 — reporting person will provide detailed per‑trade breakdown on request; F8 — references a trust first described on Form 4 filed 02/25/2026.
- Transaction code: S (sale).
Context
These sales were executed under a pre‑arranged 10b5‑1 trading plan, which typically schedules automated trades and is common for insiders to avoid timing concerns. For retail investors, purchases generally carry more direct informational weight than scheduled sales; treat this transaction as a routinely executed sale unless additional disclosures indicate otherwise.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-04-01$147.93/sh−73$10,799→ 29,799 total - Sale
Common Stock
[F1][F3][F4]2026-04-01$148.70/sh−93$13,829→ 29,706 total - Sale
Common Stock
[F1][F3][F5]2026-04-01$150.32/sh−341$51,259→ 29,365 total - Sale
Common Stock
[F1][F3][F6]2026-04-01$151.14/sh−168$25,392→ 29,197 total - Sale
Common Stock
[F1][F3][F7]2026-04-01$152.42/sh−675$102,883→ 28,522 total - Sale
Common Stock
[F1]2026-04-01$152.71/sh−2,150$328,327→ 26,372 total
- 7,400(indirect: By Trust)
Common Stock
[F8]
Footnotes (8)
- [F1]The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2025.
- [F2]The price listed is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.53 and $148.39, inclusive.
- [F3]Upon request, the reporting person will provide the Securities and Exchange Commission, WEX Inc. or any security holder of WEX Inc. with full information regarding the number of shares sold at each separate purchase price.
- [F4]The price listed is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.55 and $148.77, inclusive.
- [F5]The price listed is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.68 and $150.65, inclusive.
- [F6]The price listed is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.69 and $151.40, inclusive.
- [F7]The price listed is a weighted average price. These shares were sold in multiple transactions at prices ranging from $151.69 and $152.56, inclusive.
- [F8]This trust was first described in a Form 4 filed by the reporting person on 02/25/2026.