WEX Inc. (NYSE:WEX) Chief Accounting Officer Jennifer Kimball sold 715 shares of common stock on March 17, 2026, at a price of $157.82 per share, for total proceeds of $112,841, according to a Form 4 filed with the Securities and Exchange Commission. The filing states the trade was executed automatically under a Rule 10b5-1 trading plan that Kimball adopted on August 28, 2025.
The Form 4 shows additional equity activity on the same day. Kimball received 295 shares and 310 shares of WEX common stock upon the vesting of restricted stock units and market share units, respectively. Those awards were recorded at a price of $0.
Also on March 17, 2026, Kimball transferred shares to cover tax obligations tied to the vesting events. The filing lists disposals of 87 shares and 91 shares of common stock for tax payments related to the restricted stock units and market share units, respectively. These tax-related sales were priced at $156.79 per share and amounted to $27,908 in aggregate.
The Form 4 further reports that on March 16, 2026, Kimball was granted 2,679 restricted stock units and 893 market share units. After completing the transactions reflected in the March filings, Kimball is recorded as directly owning 6,203 shares of WEX Inc.
WEX shares have traded lower in recent sessions, sliding roughly 7% over the previous week to a quoted price of $148.90. An InvestingPro analysis referenced in the filing characterizes the stock as appearing undervalued at current levels, noting a price-to-earnings ratio of 17.78. The InvestingPro commentary is presented as offering an exclusive Fair Value analysis and six additional ProTips for investors seeking further insight into WEX.
Corporate results released for the company show WEX outperformed consensus estimates for the fourth quarter of 2025. Adjusted earnings per share came in at $4.11, ahead of the $3.90 forecast. Revenue reached $672.9 million versus an expected $659.01 million. Despite the earnings and revenue beats, WEX shares traded lower in premarket activity, with analysts attributing the movement to broader market concerns.
In analyst coverage noted in the filings, Raymond James maintained a Market Perform rating on WEX stock following discussions with company executives at WEX's annual Institutional Investors Conference. The analyst commentary cited in that note indicates that current volume trends are meeting expectations and that higher fuel prices are providing a positive influence on results.
The disclosures in the Form 4 and the company's recent quarterly report together provide a snapshot of both insider activity and recent operating performance at WEX. The filings document automated insider selling under a pre-established plan, concurrent vesting and tax-related dispositions, and the company's reported outperformance on near-term financial metrics.