Research Summary
AI-generated summary of this SEC filing
WEX (WEX) COO Carlos Carriedo Sells 1,075 Shares
What Happened
- Carlos Carriedo, COO of American Payments & Mobility at WEX Inc., reported a sale of 1,075 shares on 2026-08-04. The shares were disposed at $186.00 each for a total transaction value of $199,950. The Form 4 lists the disposition as an open-market or private sale (transaction code S), which is a sale rather than a purchase.
Key Details
- Transaction date: 2026-08-04; Filing date (Form 4): 2026-08-06.
- Price and amount: 1,075 shares sold at $186.00 per share; total ≈ $199,950.
- Transaction type: Sale (code S); reported as "open market or private sale."
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes/plans: No 10b5-1 plan, tax-withholding, or other special footnotes were disclosed in the provided excerpt.
- Timeliness: Filing dated Aug 6 for an Aug 4 trade—reported within the standard two-business-day window (not indicated as late).
Context
- Sales by executives are common and can be for many reasons (diversification, tax planning, etc.); a sale by itself is not definitive evidence of company outlook. Purchases generally carry more direct bullish signal than routine sales.