FMR LLC discloses 5.2% WEX Inc (WEX) ownership in new Schedule 13G
Rhea-AI Filing Summary
FMR LLC filed a Schedule 13G reporting beneficial ownership of common stock of WEX INC. FMR LLC reports beneficially owning 1,801,385.10 shares of WEX common stock, representing 5.2% of the class, with sole dispositive power over the full position and no shared dispositive or voting power.
Abigail P. Johnson is also reported as a beneficial owner of the same 1,801,385.10 shares, with sole dispositive power and no voting or shared powers. One or more other persons have rights to receive dividends or sale proceeds from these shares, but no such person has more than five percent of the total outstanding WEX common stock.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 1,801,385.10 shares
Percent of class: 5.2%
Sole Dispositive Power: 1,801,385.10 shares
+2 more
5 metrics
Shares beneficially owned
1,801,385.10 shares
Common stock of WEX INC beneficially owned by FMR LLC
Percent of class
5.2%
Percentage of WEX INC common stock class reported by FMR LLC and Abigail P. Johnson
Sole Dispositive Power
1,801,385.10 shares
Shares of WEX INC over which FMR LLC has sole power to dispose
Sole Voting Power
1,800,387.63 shares
Shares of WEX INC over which FMR LLC has sole voting power
Shared Voting Power
0.00 shares
Shared voting power in WEX INC common stock reported by FMR LLC
Key Terms
Schedule 13G, beneficially owned, Sole Voting Power, Sole Dispositive Power, +1 more
5 terms
Schedule 13G regulatory
"Please see Exhibit 99 for 13d-1(k) (1) agreement."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Ownership (a) | Amount beneficially owned: 1801385.10"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 1,800,387.63"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 1,801,385.10"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
parent holding company regulatory
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of WEX (WEX) common stock does FMR LLC report owning?
FMR LLC reports beneficial ownership of 5.2% of WEX INC common stock. This corresponds to 1,801,385.10 shares with sole dispositive power and no shared voting or dispositive power disclosed.
What is Abigail P. Johnson’s reported ownership interest in WEX (WEX)?
Abigail P. Johnson is reported as beneficial owner of 1,801,385.10 WEX shares, or 5.2% of the class. She has sole dispositive power over these shares and no reported sole or shared voting power.
What type of filing did FMR LLC submit regarding its WEX (WEX) holdings?
FMR LLC submitted a Schedule 13G reporting passive beneficial ownership of WEX INC common stock. The filing details share counts, percentage ownership, voting power, and dispositive power as of the reported date.