Last updated: 19 March 2024 at 9:09pm EST

Joel Dearborn Net Worth




The estimated Net Worth of Joel Alan Jr Dearborn is at least $6.73 Million dollars as of 15 March 2024. Mr. Dearborn owns over 8,844 units of WEX Inc stock worth over $4,432,320 and over the last 7 years he sold WEX stock worth over $300,300. In addition, he makes $1,998,490 as President - Corporate Payments at WEX Inc.

Mr. Dearborn WEX stock SEC Form 4 insiders trading

Joel has made over 17 trades of the WEX Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 8,844 units of WEX stock worth $1,698,048 on 15 March 2024.

The largest trade he's ever made was exercising 8,844 units of WEX Inc stock on 15 March 2024 worth over $1,698,048. On average, Joel trades about 1,251 units every 84 days since 2018. As of 15 March 2024 he still owns at least 23,085 units of WEX Inc stock.

You can see the complete history of Mr. Dearborn stock trades at the bottom of the page.





Joel Dearborn biography

Joel (Jay) A. Dearborn serves as President - Corporate Payments of the Company. He joined WEX in January 2016 as Vice President, Strategy. Mr. Dearborn served as Vice President, Strategy from January 2016 until December 2017. Since December 2017, Mr. Dearborn has served as WEX’s President for Corporate Payments, and is responsible for WEX’s virtual card and other payments solutions. Prior to joining WEX, he was a principal at McKinsey & Company, a management consulting firm, from January 2008 to January 2016, where he helped private and public organizations set their strategic direction, including technology deployment and process redesign to support long-term growth.

What is the salary of Joel Dearborn?

As the President - Corporate Payments of WEX Inc, the total compensation of Joel Dearborn at WEX Inc is $1,998,490. There are 6 executives at WEX Inc getting paid more, with Melissa Smith having the highest compensation of $6,482,390.



How old is Joel Dearborn?

Joel Dearborn is 41, he's been the President - Corporate Payments of WEX Inc since 2017. There are 26 older and no younger executives at WEX Inc. The oldest executive at WEX Inc is Jack VanWoerkom, 66, who is the Lead Independent Vice Chairman of the Board.

What's Joel Dearborn's mailing address?

Joel's mailing address filed with the SEC is WEX Inc HQ, 1, Hancock Street, India Street, Portland, Maine, 04101, United States.

Insiders trading at WEX Inc

Over the last 11 years, insiders at WEX Inc have traded over $1,300,602,430 worth of WEX Inc stock and bought 11,030 units worth $1,561,558 . The most active insiders traders include James Neary, Hold Co Ii Llcwarburg Pincu..., and Pincus Llcwarburg Pincus (E.... On average, WEX Inc executives and independent directors trade stock every 8 days with the average trade being worth of $5,533,248. The most recent stock trade was executed by Robert Joseph Deshaies on 21 August 2024, trading 1,651 units of WEX stock currently worth $299,937.



What does WEX Inc do?

wex inc. (nyse: wex) is a leading global provider of corporate payment solutions that enable its customers to manage their businesses more efficiently, with enhanced security and greater control over their costs. from its roots in fleet card payments beginning in 1983, wex has expanded its scope to become a multi-channel provider of corporate payment solutions with millions of cardholders across several growing market sectors including travel, health care and employee benefits. our focus is on providing exceptional payment security and control for a vast spectrum of payment sectors while delivering an exceptional experience so that our customers – whether large or small – can operate efficiently, securely and profitably. the company has operations in north and south america, europe, australia, new zealand, and asia, and employs more than 2,000 associates. for more information about wex, please visit www.wexinc.com.



What does WEX Inc's logo look like?

WEX Inc logo

Complete history of Mr. Dearborn stock trades at WEX Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
15 Mar 2024 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 8,844 $232.20 $2,053,577
15 Mar 2024
23,085
24 Jun 2023 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 781 $172.22 $134,504
24 Jun 2023
14,497
15 Mar 2023 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 2,702 $173.56 $468,959
15 Mar 2023
13,967
24 Jun 2022 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 781 $161.87 $126,420
24 Jun 2022
12,156
20 Mar 2022 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 4,979 $173.29 $862,811
20 Mar 2022
11,529
15 Mar 2022 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 1,173 $163.22 $191,457
15 Mar 2022
8,105
20 Mar 2021 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 469 $215.25 $100,952
20 Mar 2021
7,274
15 Mar 2021 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 5,192 $226.02 $1,173,496
15 Mar 2021
7,037
1 Jun 2020 Joel Alan Jr Dearborn
Chief Strategy Officer
Sale 1,950 $154.00 $300,300
1 Jun 2020
3,439
20 Mar 2020 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 2,278 $84.87 $193,334
20 Mar 2020
5,893
15 Mar 2020 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 231 $135.30 $31,254
15 Mar 2020
3,850
15 Sep 2019 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 637 $205.45 $130,872
15 Sep 2019
3,806
20 Mar 2019 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 95 $184.81 $17,557
20 Mar 2019
3,202
15 Mar 2019 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 231 $181.30 $41,880
15 Mar 2019
3,188
15 Sep 2018 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 635 $197.12 $125,171
15 Sep 2018
3,144
20 Mar 2018 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 94 $159.76 $15,017
20 Mar 2018
2,537
15 Mar 2018 Joel Alan Jr Dearborn
Chief Strategy Officer
Option 1,457 $158.23 $230,541
15 Mar 2018
2,870


WEX Inc executives and stock owners

WEX Inc executives and other stock owners filed with the SEC include: