Stroup Karen B. 4

What Happened
Karen B. Stroup, Chief Digital Officer of WEX Inc. (WEX), was granted 7,112 restricted stock units (reported as a derivative award) on Feb 13, 2026. The Form 4 shows an acquisition at $0.00 because the award resulted from performance stock units (PSUs) that were certified as achieved and converted into RSUs; the reporting person's right to the units was established on that date.

Key Details

• Transaction date: February 13, 2026; Form 4 filed February 18, 2026 (within the SEC’s 2-business-day window considering Presidents’ Day observed Feb 16).
• Type/Code: Award/Grant (A); derivative (RSU) reported at $0.00.
• Shares/units granted: 7,112 RSUs.
• Reported value: $0.00 on report (award, not an open-market purchase).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — PSUs were certified as met and converted to RSUs as of Feb 13, 2026; F2 — the RSUs will vest with respect to all underlying shares on March 15, 2026.

Context
This was an award conversion (PSU → RSU) rather than a buy or sell; it establishes the executive’s right to future shares subject to vesting. RSUs typically convert to actual shares (and may be subject to tax withholding) when they vest on March 15, 2026. Awards like this are common for executive compensation and do not, by themselves, indicate a buy/sell signal.