Wex INC
Market Movers (8-K)
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WEX
Wex INCWEX Inc. announced robust second-quarter 2026 financial results, exceeding expectations with significant revenue growth and a substantial increase in net income, leading to an upward revision of full-year guidance.
Better than expected
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WEX
Wex INCWEX Inc. announced that its stockholders elected all director nominees, approved executive compensation, ratified Deloitte & Touche, LLP as auditor, and authorized a $1.0 billion share repurchase program.
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Wex INCWEX Inc. has entered into a cooperation agreement with Impactive Capital, leading to a refreshed Board slate and the separation of Chair and CEO roles.
Delay expected
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WEX
Wex INCWEX Inc. reported strong first-quarter 2026 results, exceeding the high end of guidance ranges for both revenue and adjusted net income.
Better than expected
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WEX
Wex INCWEX Inc. announced robust fourth-quarter and full-year 2025 financial results, exceeding previous guidance and providing an optimistic outlook for 2026 driven by Benefits and Corporate Payments growth.
Better than expected
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WEX
Wex INCWEX Inc. announced a planned board refreshment, with two directors retiring and David Foss appointed as Vice Chair and Lead Independent Director, reducing board size to ten members, alongside a preview of strong fourth-quarter results.
Better than expected
Quarterly Earnings (10-Q)
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WEX
Wex INCWEX Inc. announced robust financial performance for the second quarter of 2026, with significant increases in total revenues and net income.
Better than expected
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WEX
Wex INCWEX Inc. reported increased total revenues for the first quarter of 2026, driven by growth across its Mobility, Benefits, and Corporate Payments segments, despite higher credit loss provisions.
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WEX
Wex INCWEX Inc. reported a 4% increase in total revenues for Q3 2025 to $691.8 million, while net income decreased by 22% to $80.3 million, influenced by strategic investments and higher credit losses.
Worse than expected
Capital raise
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WEX
Wex INCWEX Inc. reported a decline in total revenues and net income for the second quarter and first half of 2025, primarily impacted by lower domestic fuel prices and a significant contract renegotiation in its Corporate Payments segment, though diluted earnings per share increased due to share repurchases.
Capital raise
Worse than expected
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WEX
Wex INCWEX Inc. reports a slight decrease in total revenues for Q1 2025, while managing expenses and navigating strategic shifts in its Corporate Payments segment.
Worse than expected
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WEX
Wex INCWEX Inc. announced its third-quarter 2024 results, showing a mix of revenue performance across its segments and ongoing strategic initiatives.
Worse than expected
Annual Reports (10-K)
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WEX
Wex INCWEX Inc. reports mixed 2025 results with significant capital returns to shareholders, strategic product expansions, and increased AI integration, despite revenue declines in Mobility and Corporate Payments segments.
Capital raise
Delay expected
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WEX
Wex INCWEX Inc. announces its full year 2024 financial results, highlighting shareholder value return and strategic initiatives in mobility and AI.
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WEX
Wex INCWEX Inc.'s 2023 10-K filing highlights its strategic focus on global commerce, personalized solutions, and data-driven insights, alongside financial results and operational updates.
Worse than expected
Insider Trading (Form 4)
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WEX
Wex INCForm 4: WEX Executive Sells Shares
Robert Joseph Deshaies, COO, Benefits of WEX Inc., sold 1,000 shares of common stock on July 30, 2026 for $184.95 per share.
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Wex INCForm 4: WEX Executive Sells Shares
Ann Elena Drew, Chief Risk and Compliance of WEX Inc., sold 3,400 shares of common stock on July 27, 2026 for $176.02 per share.
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Wex INCForm 4: WEX Executive Sells Shares
Jennifer Kimball, Chief Accounting Officer of WEX Inc., sold 1,183 shares of common stock on July 27, 2026 for $176.55 per share.
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Wex INCWEX Inc. COO, Benefits, Robert Joseph Deshaies, reported the sale of 2,029 shares of common stock on July 6, 2026, executed under a pre-arranged Rule 10b5-1 trading plan.
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Wex INCWEX Inc. director Lauren Taylor Wolfe and affiliated entities report the acquisition of 79 shares of common stock on June 30, 2026.
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Wex INCWEX Inc. Director James R. Groch acquired 186 shares of common stock through restricted stock units granted under the company's equity plan.
Proxy Statements (Def-14A)
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WEX
Wex INCDEF: WEX Inc. Seeks Stockholder Approval for Director Elections, Executive Pay, and Equity Plan Expansion
WEX Inc. is soliciting proxies for its 2025 Annual Meeting, covering director elections, executive compensation, an equity plan increase, officer exculpation, and auditor ratification.
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WEX
Wex INCWEX Inc.'s proxy statement reveals director nominees for the upcoming annual meeting and provides details on executive compensation, highlighting a pay-for-performance philosophy.
Schedule 13D - Activist Investments
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Wex INCImpactive Capital and its affiliates have reduced their beneficial ownership in WEX Inc. to below 5% while continuing their proxy solicitation for three director nominees at the 2026 Annual Meeting.
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Wex INCActivist investor Impactive Capital has nominated four director candidates for WEX Inc.'s 2026 annual meeting, citing significant underperformance and governance concerns.
Worse than expected
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WEX
Wex INCActivist investor Impactive Capital, holding a 6.4% stake in WEX Inc., announced its intention to nominate a slate of directors for the 2026 Annual Meeting, citing persistent underperformance and governance concerns.
Worse than expected
NYSE
WEX
Wex INCSCHEDULE 13D/A: Impactive Capital Signals Escalating Activism at WEX Inc. Following Shareholder Rebuke of Board Directors
Activist investor Impactive Capital, holding a 7.0% stake in WEX Inc., announced its intent to nominate at least four directors at the 2026 annual meeting after a significant decline in shareholder support for three incumbent directors at the 2025 annual meeting.
Worse than expected
NYSE
WEX
Wex INCSCHEDULE 13D/A: Activist Investor Impactive Capital to Vote Against Three WEX Inc. Directors, Citing Underperformance and Governance Concerns
Impactive Capital, a significant shareholder in WEX Inc., announced its intention to vote against three incumbent directors at the upcoming 2025 annual meeting, citing long-term underperformance and a lack of board responsiveness to shareholder representation requests.
Worse than expected
NYSE
WEX
Wex INCImpactive Capital LP and its affiliates have disclosed a 6.7% beneficial ownership stake in WEX Inc., signaling intent to engage with management and the board on operational performance, share price, and corporate governance, including the addition of a shareholder representative.
Schedule 13G - Passive Investments
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WEX
Wex INCSCHEDULE: WEX Inc. Schedule 13G Filing Update
Morgan Stanley and Atlanta Capital Management Company, LLC report beneficial ownership of WEX Inc. common stock as of March 31, 2026.
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Wex INCVanguard Capital Management reports beneficial ownership of 5.2% of WEX Inc. common stock as of March 31, 2026.
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Wex INCThe Vanguard Group filed an amended Schedule 13G, reporting zero beneficial ownership in WEX Inc. common stock following an internal realignment.
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Wex INCJanus Henderson Group plc and its affiliates reported an 11.3% beneficial ownership stake in WEX, Inc. common stock as of June 30, 2025.
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Wex INCThe Vanguard Group has filed an amended Schedule 13G, reporting a 9.49% beneficial ownership stake in WEX Inc. as of June 30, 2025.
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Wex INCPAR Investment Partners, L.P. and its affiliated entities have reported a passive 5.4% beneficial ownership stake in WEX Inc., holding 1,850,500 shares of common stock as of March 31, 2025.