Deshaies Robert Joseph 4
4 · WEX Inc. · Filed Jul 8, 2026
Research Summary
AI-generated summary of this filing
WEX COO Robert Deshaies Sells 2,000 Shares
What Happened
Robert Joseph Deshaies, Chief Operating Officer of WEX Inc. (WEX), sold a total of 2,000 shares in multiple open-market transactions on July 6, 2026. The sales were executed under a Rule 10b5-1 trading plan adopted by Deshaies on February 24, 2026. The six tranches were: 48 shares at a weighted avg $143.46 ($6,886); 227 shares at $145.84 ($33,106); 135 shares at $146.90 ($19,832); 265 shares at $147.92 ($39,199); 1,317 shares at $149.26 ($196,575); and 8 shares at $149.77 ($1,198). Total proceeds were approximately $296,796. These were sales (routine disposition) rather than purchases.
Key Details
- Transaction date: July 6, 2026; Form 4 filed July 8, 2026 (timely filing).
- Reported sales (S): 2,000 shares total for roughly $296,796.
- Per-tranche price ranges reported:
- 48 shares: $143.27–$143.65 (weighted avg $143.46)
- 227 shares: $145.28–$146.26 (weighted avg $145.84)
- 135 shares: $146.33–$147.31 (weighted avg $146.90)
- 265 shares: $147.62–$148.45 (weighted avg $147.92)
- 1,317 shares: $148.71–$149.68 (weighted avg $149.26)
- 8 shares: $149.71–$149.83 (weighted avg $149.77)
- The sales occurred automatically under a 10b5-1 plan adopted Feb 24, 2026 (footnote).
- The filer notes they will provide the SEC, WEX, or any WEX shareholder with full breakdowns of shares sold at each separate price upon request.
- Shares owned after the transactions are not specified in the provided filing.
Context
Sales made under pre-established 10b5-1 plans are typically scheduled in advance and are considered more routine than ad-hoc insider trades; they do not necessarily signal the insider’s current view of the stock. For retail investors, purchases tend to be more informative about insider confidence; this filing documents a planned disposition.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-07-06$143.46/sh−48$6,886→ 22,240 total - Sale
Common Stock
[F1][F3][F4]2026-07-06$145.84/sh−227$33,106→ 22,013 total - Sale
Common Stock
[F1][F3][F5]2026-07-06$146.90/sh−135$19,832→ 21,878 total - Sale
Common Stock
[F1][F3][F6]2026-07-06$147.92/sh−265$39,199→ 21,613 total - Sale
Common Stock
[F1][F3][F7]2026-07-06$149.26/sh−1,317$196,575→ 20,296 total - Sale
Common Stock
[F1][F3][F8]2026-07-06$149.77/sh−8$1,198→ 20,288 total
Footnotes (8)
- [F1]The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2026.
- [F2]The price listed is a weighted average price. These shares were sold for between $143.27 and $143.65, 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 for between $145.28 and $146.26, inclusive.
- [F5]The price listed is a weighted average price. These shares were sold for between $146.33 and $147.31, inclusive.
- [F6]The price listed is a weighted average price. These shares were sold for between $147.62 and $148.45, inclusive.
- [F7]The price listed is a weighted average price. These shares were sold for between $148.71 and $149.68, inclusive.
- [F8]The price listed is a weighted average price. These shares were sold for between $149.71 and $149.83, inclusive.