Research Summary
AI-generated summary of this SEC filing
WEX (WEX) COO Robert Deshaies Sells 1,000 Shares
What Happened
- Robert Joseph Deshaies, listed as COO (Benefits) of WEX Inc., reported the sale of 1,000 shares on 2026-07-30. The filing shows a weighted-average sale price of $184.95, for total proceeds of approximately $184,950. The transaction is reported as an open-market/private sale (Code S).
Key Details
- Transaction date: 2026-07-30; Filing date: 2026-07-31 (filed the next day; timely under Form 4 rules).
- Price: weighted average $184.95; shares sold ranged from $184.92 to $185.00 (Footnote F1).
- Proceeds: ~$184,950.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote F2: the reporting person will provide the SEC, WEX, or any WEX shareholder with a breakdown of how many shares were sold at each separate price upon request.
- Transaction type: Sale (S) — typically considered routine insider selling and not, by itself, a signal of company outlook.
Context
- Sales by executives can be for many personal or routine reasons (diversification, taxes, liquidity). Purchases generally carry more weight as a bullish signal; this single open‑market sale should be viewed as a factual disclosure rather than proof of change in company prospects.