Drew Ann Elena 4

What Happened Drew Ann Elena, WEX Inc.'s Chief Risk and Compliance Officer, was granted 2,929 restricted stock units (RSUs) on February 13, 2026. The filing reports the award at $0.00 per share because these were performance stock units (PSUs) that converted to RSUs after the company certified the applicable performance criteria. This was a compensation award (not a market purchase or sale); the units are scheduled to vest on March 15, 2026.

Key Details

• Transaction date: February 13, 2026; reported acquisition of 2,929 shares at $0.00 (derivative award).
• Footnote: The Leadership Development and Compensation Committee certified that the PSU performance criteria were met, triggering conversion to RSUs.
• Vesting: The RSUs will vest in full on March 15, 2026.
• Shares owned after transaction: Not specified in the filing.
• Filing date/timeliness: Form 4 filed February 18, 2026 (five calendar days after the transaction); typically Form 4s are required within two business days, so this filing appears later than that standard.

Context This transaction reflects a performance-based equity award converting into restricted shares that will vest at a future date; such awards are common elements of executive compensation and do not reflect an immediate cash purchase or sale. Because the units have not yet vested, they are not currently freely tradable.