Kimball Jennifer 4

What Happened

• Jennifer Kimball, Chief Accounting Officer of WEX Inc., was awarded 1,674 shares on February 13, 2026. The Form 4 reports this as a derivative award at $0.00 because these were performance stock units (PSUs) that converted to restricted stock units (RSUs) when the performance criteria were certified.
• No cash was paid in this transaction; the filing reports the award conversion rather than a market purchase or sale. The RSUs are scheduled to vest in full on March 15, 2026.

Key Details

• Transaction date: February 13, 2026; reported on Form 4 filed February 18, 2026 (timely — filing occurred within the required two business days, accounting for the Feb 16 holiday).
• Reported amount: 1,674 shares; reporting price shown as $0.00 (derivative award conversion).
• Shares owned after the transaction: not specified in the information provided in this summary.
• Footnotes: F1 — PSUs converted to RSUs after the Board committee certified performance goals were met on Feb 13, 2026. F2 — RSUs vest fully on March 15, 2026.
• No indication of a 10b5-1 plan, sale, or tax-withholding disposition in the provided details.

Context

• This is an equity award conversion (PSU → RSU), which establishes the reporting person's right to the units now subject to time-based vesting. Such awards are compensation-related and do not by themselves indicate a buy or sell signal.
• Once the RSUs vest (March 15, 2026), shares may be delivered and could be subject to tax withholding or other standard post-vesting actions.