Jay Dearborn compensation by year
WEX Summary Compensation Table · all 4 fiscal years held| Component | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Salary | $454,808 | $475,000 | $477,673 | $480,000 |
| Bonus | $0 | $0 | $0 | $0 |
| Stock awards | $1,320,123 | $1,840,257 | $1,986,990 | $2,567,030 |
| Option awards | $330,021 | $460,016 | $0 | $0 |
| Non-equity incentive | $614,286 | $546,274 | $269,688 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 |
| All other | $55,157 | $27,132 | $48,881 | $44,502 |
| Total | $2,774,395 | $3,348,679 | $2,783,233 | $3,091,532 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: WEX, Inc. DEF 14A filed April 3, 2026, accession 0001213900-26-040033, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 14,125 | $2,104,331 | — |
| PSU | 13,652 | $2,033,875 | — |
| Option | 1,882 | — | $173.56 |
Per the Outstanding Equity Awards at Fiscal Year-End table in WEX, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments WEX discloses, by trigger · FY2022| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Involuntary termination without cause | $731,984 | — | — | $928,379 |
| Change in control and involuntary termination | $988,967 | $4,337,672 | — | $6,330,534 |
| Voluntary resignation | — | — | — | $196,395 |
| Death | — | $4,337,672 | — | $4,937,817 |
| Disability | — | — | — | $600,145 |
| Involuntary for cause | — | — | — | $196,395 |
Per the Potential Payments Upon Termination or Change in Control table in WEX, Inc.'s FY2022 proxy. Estimates as the company printed them; a dash means it printed no figure.
WEX’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Melissa Smith | Chair, CEO, and President | $13,446,221 |
| Sachin Dhawan | Chief Technology Officer | $4,310,372 |
| Jagtar Narula | Chief Financial Officer | $4,198,324 |
| Carlos Carriedo | Chief Operating Officer, Americas Payments & Mobility | $3,368,242 |
| Jay Dearborn · this page | Chief Operating Officer, International | $3,091,532 |
The full WEX compensation record
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Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are WEX's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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