WEX Inc.

Reporting person: Impactive Capital Master Fund LP(fund)

Impactive Capital seeks board seats at WEX Inc. 2026 annual meeting

Contested meetinghigh confidence4.9% stake

Contest Strategydissident slate, solicitors, demands

Contested annualVote May 5, 2026

What's being contested

Board seats

IssuerWEX Inc.

Issuer solicitor—

Reporting personImpactive Capital Master Fund LP (fund)

Dissident solicitorOkapi Partners LLC

Stake1,713,553 sh4.9%

Dissident counsel—

Cost basis—

Meeting dateMay 5, 2026

Record date—

Dissident slate (3)

Kurt P. Adams
Ellen R. Alemany
Lauren Taylor Wolfe

Primary demands

board refreshment
improved oversight and accountability
correction of capital allocation missteps
value creation for shareholders

Vote Mechanics

73d post-vote

Vote dateMay 5, 2026

Record date—

Mailing date—

Record → vote—

Threshold—

Min approvalparsed—

Shares outstanding—

Insider lock-up—

Advisors

No advisor data on record for this deal.

Sources

SEC Filing

Impactive Capital Master Fund LP and affiliates, holding 4.9% of WEX Inc., are soliciting proxies to elect three director nominees (Kurt P. Adams, Ellen R. Alemany, and Lauren Taylor Wolfe) to a nine-member board at the May 5, 2026 annual meeting. The dissident cites the board's failure to provide adequate oversight and accountability for capital allocation, pricing, and operational missteps that have harmed shareholder value. Impactive is also supporting six unopposed company nominees while opposing three incumbent directors.

Item id: ce51c620-ffe0-4efd-b9c7-52328e42da7e · ingested Apr 24, 2026