Jagtar Narula is the Chief Financial Officer of WEX Inc. since April 2022. Born in 1971, his strong background in finance includes experience as Executive Vice President and CFO at 3D Systems Corporation. Before that, he played key roles at...

Jagtar Narula is the Chief Financial Officer of WEX Inc. since April 2022. Born in 1971, his strong background in finance includes experience as Executive Vice President and CFO at 3D Systems Corporation. Before that, he played key roles at Blackbaud, Xerox, and General Electric, showing a diverse expertise in corporate strategy and finance. In 2023, Narula's total compensation came to $3.57 million, comprising a $500,000 salary, stock grants, and benefits. An interesting trend to note is his insider trading activity; since March 2024, he has made several notable trades ranging from $909,000 to $1.45 million monthly. This reflects confidence in his company's direction.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other WEX CEOs

W

Jagtar Narula

CEO of WEX

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

Born

January 1, 1971 - 54 years ago

CEO of WEX for

3 years 1 month (Apr 2022 - Present)

Previous Experience

Executive Vice President and Chief Financial Officer of 3D Systems Corporation

Rivals

Competitors/colleagues of Jagtar Narula

G

Cameron M. Bready

CEO of Global Payments

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$1.41M

Other

$185.70K

Total Holdings

$36.26M

Holdings

See how much did Jagtar Narula make over time.

Jagtar Narula has been actively trading shares of WEX Inc. since March 2024. His trading patterns reveal a growing confidence in the company's prospects. In March alone, he executed trades totaling $909,000. The activity picked up in the following months,...

Jagtar Narula has been actively trading shares of WEX Inc. since March 2024. His trading patterns reveal a growing confidence in the company's prospects. In March alone, he executed trades totaling $909,000. The activity picked up in the following months, with trades of $1.28 million, $1.10 million, and peaking at $1.45 million in September 2024. This trend suggests he is not just a passive executive but is making calculated moves based on his insights into the company's future. As of his latest filings, Narula's stake in WEX has shown fluctuations but remains significant, reflecting a serious financial commitment to the company's growth.

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Total Stock Sold

$1.50M

WEX

$758.88K

3,622 WEX shares

DDD

$739.89K

41,193 DDD shares

What if they kept their stock?

If Jagtar Narula didn't sell their stock, today they would have:
Extra WEX3,622 shares worth $620.67K and DDD41,193 shares worth $292.06K.
This is -39.1% and $586.04K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Jagtar Narula.

WEX

$101.60K

WEX at $200.00/share

Sep 13, 2024

Sale

WEX

$102.60K

WEX at $190.00/share

Jul 16, 2024

Sale

WEX

$97.20K

WEX at $180.00/share

Jul 8, 2024

Sale

WEX

$72.07K

WEX at $233.24/share

Mar 19, 2024

Sale

WEX

$381.35K

WEX at $221.07/share

Mar 5, 2024

Sale

DDD

$94.57K

DDD at $16.13/share

Mar 21, 2022

Sale

DDD

40,810 shares

DDD

Mar 15, 2022

Received

DDD

$180.06K

DDD at $15.16/share

Mar 9, 2022

Sale

DDD

23,453 shares

DDD

Mar 3, 2022

Received

DDD

$99.38K

DDD at $16.95/share

Feb 22, 2022

Sale

Compensation History

See how much did Jagtar Narula make over time.

In 2023, Jagtar Narula's total compensation reached $3,571,629. This included a base salary of $500,000, with no bonuses awarded under the Short-Term Incentive Plan that year. However, he did benefit from equity incentives; specifically, he had 5,483 shares of Restricted Stock Units (RSUs) vesting, with their value estimated at around $953,494. He also received new stock grants worth approximately $1.84 million for work in the future, demonstrating a strong alignment with the company’s performance goals. Narula's compensation illustrates a focus on long-term incentives, reflecting a plan to retain talented leadership and create shareholder value.

Year

2023

Total Compensation

$1.55M

Salary

$500.00K

Board Justification

The compensation philosophy aims to align executive pay with performance outcomes and market competitiveness, focusing on attracting and retaining key talent.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as per the Short-Term Incentive Plan (STIP).

Other

$94.86K

Board Justification

Includes 401(k) match and other benefits.

Restricted Stock

$953.49K(5.48K RSU)

Board Justification

5,483 shares of RSUs vested in 2023, valued at $953,494.

Performance Metrics

Performance metrics for the STIP included Adjusted Operating Income and Adjusted Revenue.

Other WEX CEOs

Here are other CEOs of WEX

Melissa D. Smith

Ex-CEO of WEX

January 2014 - April 2022