Carriedo Carlos 4

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.