2,352 RSUs granted for WEX (WEX) board representative tied to Impactive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolfe Lauren Taylor reported acquisition or exercise transactions in this Form 4 filing.
WEX Inc. reported a Form 4 showing a grant of 2,352 Restricted Stock Units linked to common stock in connection with director Lauren Taylor Wolfe’s board service. The RSUs were awarded with an indirect economic interest allocated to Impactive Capital and its affiliates and are scheduled to fully vest on May 14, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wolfe Lauren Taylor, Impactive Capital LP, Impactive Capital LLC, Asmar Christian
Role
null | null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,352 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,352 shares (Indirect, See Footnote)
Footnotes (1)
- This Form 4 is filed jointly by Impactive Capital LP ("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. Restricted Stock Units ("RSUs") will vest in total on May 14, 2027. Because Ms. Wolfe serves on the board of directors (the "Board") of WEX Inc. (the "Issuer") as a representative of Impactive Capital and its affiliates, Impactive Capital is entitled to receive the direct economic interest in securities granted to Ms. Wolfe by the Issuer in respect of Ms. Wolfe's Board position. Ms. Wolfe disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Ms. Wolfe had any economic interest in such securities except any indirect economic interest through Impactive Capital and its affiliates.
Key Figures
RSU grant size: 2,352 Restricted Stock Units
Underlying shares: 2,352 common shares
Shares after transaction: 2,352 RSUs
+2 more
5 metrics
RSU grant size
2,352 Restricted Stock Units
Grant tied to board service
Underlying shares
2,352 common shares
Underlying security for RSUs
Shares after transaction
2,352 RSUs
Total RSUs following grant
Vesting date
May 14, 2027
Full vesting of RSUs
Exercise price
$0.00 per unit
RSU grant, no exercise price
Key Terms
Restricted Stock Units, beneficial ownership, pecuniary interest, board of directors, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") will vest in total on May 14, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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."
board of directors financial
"Because Ms. Wolfe serves on the board of directors (the "Board") of WEX Inc."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
indirect economic interest financial
"Impactive Capital is entitled to receive the direct economic interest in securities granted to Ms. Wolfe... Ms. Wolfe... has had any economic interest in such securities except any indirect economic interest through Impactive Capital and its affiliates."
FAQ
What insider transaction did WEX (WEX) report in this Form 4?
WEX reported a grant of 2,352 Restricted Stock Units tied to its common stock. The award relates to director Lauren Taylor Wolfe’s board role, with the economic interest allocated indirectly to Impactive Capital and its affiliates under their representation arrangement.
Who effectively receives the economic interest from the new WEX (WEX) RSU grant?
The economic interest from the 2,352 Restricted Stock Units is allocated to Impactive Capital and its affiliates. Lauren Taylor Wolfe serves on WEX’s board as their representative and disclaims beneficial ownership apart from any indirect pecuniary interest through Impactive Capital structures.
When do the 2,352 WEX (WEX) Restricted Stock Units vest?
The 2,352 Restricted Stock Units will vest in total on May 14, 2027. This means the entire award becomes deliverable as common stock on that date, assuming applicable service or other vesting conditions continue to be satisfied until then.
Was the WEX (WEX) Form 4 transaction a market buy or sell?
No, the Form 4 reflects a grant of 2,352 Restricted Stock Units, not an open-market purchase or sale. It is classified as an acquisition under a compensation-related grant, with no transaction price per share and no reported sale of existing shares.
How many WEX (WEX) RSUs are shown as held after this Form 4 transaction?
Following this grant, the reporting structure shows 2,352 Restricted Stock Units outstanding under indirect ownership. This equals the full amount of the award, indicating this filing records the initial grant rather than changes to a previously existing RSU balance.
Do the WEX (WEX) reporting persons claim full beneficial ownership of these RSUs?
No, the reporting persons, including Impactive Capital LP, Impactive Capital LLC, Christian Asmar, and Lauren Taylor Wolfe, each disclaim beneficial ownership except to the extent of their pecuniary interest, as explained in the joint Form 4 footnote disclosure.