Carriedo Carlos 4
4 · WEX Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
WEX COO Carlos Carriedo Sells 1,575 Shares
What Happened
Carlos Carriedo, COO of American Payments & Mobility at WEX Inc., reported two transactions: a sale and an award. On 2026-02-18 he sold 1,575 shares in an open market/private sale at a weighted average price of $159.90, generating proceeds of $251,848. Earlier, on 2026-02-13 he was granted 6,276 performance stock units (PSUs) that converted to restricted stock units (RSUs) upon certification of performance; these RSUs carry a $0 acquisition price and will vest on March 15, 2026.
Key Details
- Sale: 1,575 shares disposed on 2026-02-18, weighted average price $159.90; sale prices ranged $159.72–$160.16 (footnote F1). Proceeds ≈ $251,848.
- Award: 6,276 PSUs granted on 2026-02-13, converted to RSUs after performance certification (footnote F2); acquisition price $0 (derivative) and full vesting scheduled for 2026-03-15 (footnote F3).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Filing timeliness: Form 4 was filed 2026-02-18. The Feb 13 award was reported on Feb 18, which appears after the typical two-business-day window for Form 4 reporting.
- Additional note: The filer offers to disclose exact share counts sold at each separate price upon request to the SEC, WEX, or any WEX security holder (footnote F1).
Context
- The sale is a disposition (not a purchase); sales by insiders can be routine liquidity events and do not necessarily indicate a change in outlook.
- The award was a performance-based grant that vested into RSUs after the company’s committee certified performance metrics; these RSUs will fully vest on March 15, 2026.
Insider Transaction Report
Form 4
WEX Inc.WEX
Carriedo Carlos
COO, Amer. Payments & Mobility
Transactions
- Sale
Common Stock
[F1]2026-02-18$159.90/sh−1,575$251,848→ 3,695 total - Award
Restricted Stock Units
[F2][F3]2026-02-13+6,276→ 6,276 totalExercise: $0.00→ Common Stock (6,276 underlying)
Footnotes (3)
- [F1]The price listed is a weighted average price for all shares sold. All shares were sold for between $159.72 and $160.16. Upon request, the reporting person will provide the Securities and Exchange Commission, WEX Inc. or any security holder of WEX Inc. with full information regarding the number of shares sold at each separate purchase price.
- [F2]This award was granted as a performance stock unit. The Leadership Development and Compensation Committee of the Company's Board of Directors certified that the performance criteria established in connection with this grant had been met as of February 13, 2026. As a result of achieving the performance criteria the award converted from a PSU to an RSU and the reporting person's right to these units was established.
- [F3]Restricted stock units will vest with respect to all of the underlying shares on March 15, 2026.
Signature
/s/ Andy Schwarcz as Attorney-in-Fact for Carlos Carriedo|2026-02-18