Deshaies Robert Joseph 4
Research Summary
AI-generated summary
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.