Wex Inc SEC Filings

WEX Inc. filed a Form 3 reporting the initial beneficial ownership of a director. The filing lists 1,500 shares of WEX common stock held in direct ownership.

The disclosure reflects the reporting baseline as of 11/03/2025. No derivative securities were reported in Table II.

WEX Inc. (WEX) reported an initial beneficial ownership filing on Form 3 for its Chief People Officer, Sandra D. Kuohn, with an event date of 11/03/2025. The filing states that no securities are beneficially owned at this time. The form was filed as one reporting person and was signed by /s/ Matthew Finkelstein as attorney-in-fact for Sandra D. Kuohn on 11/12/2025.

WEX Inc. reported mixed Q3 results. Revenue rose to $691.8M from $665.5M, while net income decreased to $80.3M from $102.9M. Diluted EPS was $2.30 versus $2.52 a year ago as operating income eased to $183.6M. Segment detail shows continued contribution from Mobility, Corporate Payments, and Benefits, with account servicing and finance fees growing year over year.

Year to date, revenue was $1.99B and net income $219.8M. Cash from operations improved to $159.6M for the nine months, reflecting better working capital dynamics versus last year. Provision for credit losses increased, and financing interest expense remained elevated.

WEX accelerated capital returns, completing a modified “Dutch auction” tender offer, purchasing ~4.9M shares for $750.0M at $154 per share; total repurchases were $801.7M for the nine months. To fund these actions and refinance, WEX issued $550.0M 6.5% Senior Notes due 2033 and added $447.8M of Term B-3 loans. Long‑term debt rose to $3.81B. Shares outstanding were 34,288,525 as of October 23, 2025. HSA deposits at WEX Bank were $3.95B, supporting deposit-funded liquidity.

WEX Inc. filed an 8-K announcing two items. The company furnished its third-quarter 2025 results via a press release and an earnings supplement available on its website. Separately, the Board expanded from 11 to 12 members and appointed David Foss as a director, effective November 3, 2025, with a term expiring at the 2026 Annual Meeting.

The Board determined Mr. Foss is independent under NYSE rules. Committee assignments are pending. He will receive standard non-employee director compensation and enter into the company’s customary indemnification agreement.

WEX Inc. — Schedule 13D/A (Amendment No. 4): Impactive Capital and related parties reported beneficial ownership of 2,195,253 shares of WEX common stock, representing 6.4% of the class. The filing forms a group under a Group Agreement dated October 20, 2025 and states the group will solicit proxies to elect a slate of director candidates at the 2026 annual meeting.

Impactive identifies director candidates including Lauren Taylor Wolfe, Ellen R. Alemany, Kenneth L. Cornick, James L. Fox, and Kushagra Saxena, and states it previously opposed three incumbents at the 2025 meeting. The filing adds compensation arrangements for nominees (cash payments of $25,000 upon signing and $25,000 upon nomination letter submission) with after‑tax proceeds to be used to acquire WEX shares, subject to waiver.

Shares outstanding were 34,264,311 as of July 18, 2025. The reporting persons disclose shared voting and dispositive power over the Impactive funds’ 2,195,253 shares and de minimis holdings for certain nominees. Exhibits include the Group Agreement, compensation agreement form, powers of attorney, and recent trading activity.

Don Callahan, a director of WEX Inc. (WEX), reported an automatic grant of 166 restricted stock units on 09/30/2025 that were credited in lieu of his annual cash retainer and deferred under the company’s Non-Employee Deferred Compensation Plan. The filing shows 10,163 shares of common stock beneficially owned by Mr. Callahan after the transaction. Each restricted stock unit converts to one share of WEX common stock and is payable 200 days after the holder’s board service ends for any reason. The Form 4 was signed by an attorney-in-fact on 10/02/2025.

Janus Henderson Group plc filed a Schedule 13G/A reporting beneficial ownership of 3,870,484 shares of WEX common stock, equal to 11.3% of the class. The filing shows these shares are held with shared voting power and shared dispositive power of 3,870,484. A related reporting person, Janus Henderson Enterprise Fund, reports 2,499,077 shares (7.3%). A subsidiary (JHIUS) is disclosed as the beneficial owner of 3,847,474 shares (11.2%) with shared voting and dispositive power.

The statement includes a certification that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control, and attaches a power of attorney naming authorized attorneys-in-fact to execute ownership filings. No purchase prices, transaction dates, or plans to change control are stated.

Ann Elena Drew, Chief Risk and Compliance at WEX Inc., reported the sale of 1,931 shares of common stock on 08/06/2025 at a price of $171.69, leaving 7,295 shares held directly. The Form 4 shows no derivative securities transactions. The filing is signed by an attorney-in-fact, documenting routine insider disclosure of a stock sale.

WEX Inc. – Form 144 filing

An insider has filed notice of intent to sell up to 1,931 WEX common shares (≈0.006% of the 34.26 M shares outstanding) through Merrill Lynch on or after 06 Aug 2025. The proposed sale carries an aggregate market value of $331,465.81, implying a reference price of roughly $171.70 per share. The shares were acquired via RSU vesting on 15 Mar 2024, and no other sales have occurred in the past three months.

The form contains no earnings data, corporate developments, or indications of material adverse information. Given the modest size relative to WEX’s market capitalization, the notice appears routine and immaterial to the company’s financial outlook.