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  4. [Form 3] WEX Inc. Initial Statement of Beneficial Ownership

Impactive Capital group discloses 1.7M WEX (NYSE: WEX) shares in initial Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

WEX Inc. received an initial ownership report on Form 3 from a group of related investors led by Impactive Capital. The filing shows indirect holdings of 1,707,253 shares of WEX common stock, held by certain Impactive-managed funds and accounts.

Those funds have delegated all voting and investment power over these shares to Impactive Capital LP, with Impactive Capital LLC, Christian Asmar, and Lauren Taylor Wolfe potentially deemed to share that authority through their roles. All reporting persons and the Impactive Funds disclaim beneficial ownership of the securities beyond their pecuniary interest. The filing reflects existing holdings rather than a new purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Wolfe Lauren Taylor, Impactive Capital LP, Impactive Capital LLC, Asmar Christian
Role null | null | null | null
Type Security Shares Price Value
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,707,253 shares (Indirect, See Footnote)
Footnotes (1)
  1. This Form 3 is filed jointly by Impactive Capital LP (the "Impactive Capital"), Impactive Capital LLC ("Impactive GP"), Christian Asmar and Lauren Taylor Wolfe (collectively, the "Reporting Persons"). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of her, his or its pecuniary interest therein. The securities of WEX Inc. (the "Issuer") reported herein are held directly by certain funds and/or accounts (the "Impactive Funds"). Pursuant to an Investment Management Agreement, the Impactive Funds have delegated all voting and investment power over the securities directly held by the Impactive Funds and their general partners to Impactive Capital, which serves as the investment manager of the Impactive Funds. Impactive GP, as the general partner of Impactive Capital, and each of Mr. Asmar and Ms. Taylor Wolfe, as Managing Members of Impactive GP, may be deemed to exercise voting and investment power over such securities. The Impactive Funds specifically disclaim beneficial ownership of such securities by virtue of their inability to vote or dispose of such securities as a result of such delegation to Impactive Capital.
Indirect WEX common shares held 1,707,253 shares Total shares following reporting, held indirectly by Impactive Funds
beneficial ownership financial
"Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of her, his or its pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein except to the extent of her, his or its pecuniary interest therein."
Investment Management Agreement financial
"Pursuant to an Investment Management Agreement, the Impactive Funds have delegated all voting and investment power..."
An investment management agreement is a written contract that hires a professional to make buying, selling and strategy decisions for an investment account or fund, and sets out their duties, fees, risk limits, performance measures and reporting requirements. It matters to investors because the agreement determines who controls the money, how much the service costs, what risks are allowed, and how success or failure is measured—think of it as the service contract that defines expectations and remedies for a hired portfolio manager.
investment manager financial
"Impactive Capital, which serves as the investment manager of the Impactive Funds."
voting and investment power financial
"may be deemed to exercise voting and investment power over such securities."
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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Wolfe Lauren Taylor
(Last)(First)(Middle)
450 WEST 14TH STREET, 12TH FLOOR
(Street)
NEW YORK CITY NEW YORK 10014
(City)(State)(Zip)
UNITED STATES
(Country)		2. Date of Event Requiring Statement (Month/Day/Year)
05/14/2026		3. Issuer Name and Ticker or Trading Symbol
WEX Inc. [ WEX ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1)1,707,253ISee Footnote(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Wolfe Lauren Taylor
(Last)(First)(Middle)
450 WEST 14TH STREET, 12TH FLOOR
(Street)
NEW YORK CITY NEW YORK 10014
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
XDirector10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Impactive Capital LP
(Last)(First)(Middle)
450 WEST 14TH STREET, 12TH FLOOR
(Street)
NEW YORK CITY NEW YORK 10014
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
XDirector10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Impactive Capital LLC
(Last)(First)(Middle)
450 WEST 14TH STREET, 12TH FLOOR
(Street)
NEW YORK CITY NEW YORK 10014
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
XDirector10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Asmar Christian
(Last)(First)(Middle)
450 WEST 14TH STREET, 12TH FLOOR
(Street)
NEW YORK CITY NEW YORK 10014
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
XDirector10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. This Form 3 is filed jointly by Impactive Capital LP (the "Impactive Capital"), Impactive Capital LLC ("Impactive GP"), Christian Asmar and Lauren Taylor Wolfe (collectively, the "Reporting Persons"). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of her, his or its pecuniary interest therein.
2. The securities of WEX Inc. (the "Issuer") reported herein are held directly by certain funds and/or accounts (the "Impactive Funds"). Pursuant to an Investment Management Agreement, the Impactive Funds have delegated all voting and investment power over the securities directly held by the Impactive Funds and their general partners to Impactive Capital, which serves as the investment manager of the Impactive Funds. Impactive GP, as the general partner of Impactive Capital, and each of Mr. Asmar and Ms. Taylor Wolfe, as Managing Members of Impactive GP, may be deemed to exercise voting and investment power over such securities. The Impactive Funds specifically disclaim beneficial ownership of such securities by virtue of their inability to vote or dispose of such securities as a result of such delegation to Impactive Capital.
Remarks:
Lauren Taylor Wolfe, Managing Member of Impactive Capital LLC, the general partner of Impactive Capital LP, is a director of the Issuer. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons are deemed directors by deputization by virtue of their representation on the Board of Directors of the Issuer.
/s/ Lauren Taylor Wolfe05/18/2026
IMPACTIVE CAPITAL LP, By: Impactive Capital LLC, its general partner, By: /s/ Lauren Taylor Wolfe, Managing Member05/18/2026
IMPACTIVE CAPITAL LLC, By: /s/ Lauren Taylor Wolfe, Managing Member05/18/2026
/s/ Christian Asmar05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What does the WEX (WEX) Form 3 filed by Impactive Capital report?

The Form 3 reports indirect ownership of WEX common stock by funds managed by Impactive Capital. It shows pre-existing holdings of 1,707,253 shares and establishes these investors as significant stakeholders with delegated voting and investment authority through Impactive Capital LP.

How many WEX (WEX) shares are reported as owned in this Form 3?

The filing reports 1,707,253 shares of WEX common stock as indirectly held. These shares are owned by certain Impactive Funds, with authority over voting and investment delegated to Impactive Capital LP under an Investment Management Agreement.

Who are the reporting persons on the WEX (WEX) Form 3?

The reporting persons are Impactive Capital LP, Impactive Capital LLC, Christian Asmar, and Lauren Taylor Wolfe. They are associated with the Impactive Funds and may be deemed to exercise voting and investment power over the reported WEX shares through their management roles.

Are the WEX (WEX) shares on this Form 3 held directly by the reporting persons?

No, the WEX shares are held directly by certain Impactive Funds and accounts. Those funds have delegated all voting and investment power to Impactive Capital LP, so the individuals and entities file jointly but do not directly hold the shares themselves.

Do the reporting persons fully own the WEX (WEX) shares reported on Form 3?

The reporting persons expressly disclaim full beneficial ownership of the WEX shares. They state they only have beneficial ownership to the extent of their pecuniary interest, even though they may be deemed to share voting and investment power over the securities.

Does this WEX (WEX) Form 3 reflect a new stock purchase or sale?

The Form 3 does not report a new purchase or sale transaction. It is an initial statement of beneficial ownership that records existing indirect holdings of WEX common stock by Impactive-managed funds and related reporting persons.