Impactive Capital (NYSE: WEX) board representative granted 79 deferred RSUs
Rhea-AI Filing Summary
WEX Inc. reported a routine equity compensation grant connected to board service. An entity associated with director Lauren Taylor Wolfe and Impactive Capital received 79 shares of Common Stock in the form of Restricted Stock Units granted in lieu of the annual cash retainer. These RSUs were issued under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan and deferred under the Non-Employee Directors Deferred Compensation Plan.
Each Restricted Stock Unit will convert into one share of WEX Common Stock 200 days after Taylor Wolfe’s service on the board ends for any reason. Following this grant, the filing shows 1,707,332 shares of Common Stock indirectly held by the reporting group tied to Impactive Capital and its affiliates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 79 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. This Common Stock is represented by Restricted Stock Units granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan (as defined in the 2025 WEX Inc. Proxy Statement filed on April 17, 2025) in lieu of the annual cash retainer. This was deferred in accordance with WEX Inc.'s Non-Employee Directors Deferred Compensation Plan. Each Restricted Stock Unit is payable in one share of WEX Inc. (the "Issuer") Common Stock 200 days immediately following the date upon which Ms. Taylor Wolfe's service as a member of the board of directors (the "Board") of the Issuer terminates for any reason.
- F3. Because Ms. Taylor Wolfe serves on the Board of 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. Taylor Wolfe by the Issuer in respect of Ms. Taylor Wolfe's Board position. Ms. Taylor Wolfe disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Ms. Taylor Wolfe had any economic interest in such securities except any indirect economic interest through Impactive Capital and its affiliates.
Key Figures
Key Terms
Restricted Stock Units financial
Amended and Restated WEX Inc. 2019 Equity and Incentive Plan financial
Non-Employee Directors Deferred Compensation Plan financial
pecuniary interest financial
beneficial ownership financial
FAQ
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