Melissa Smith compensation by year
WEX Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $674,039 | $700,000 | $729,615 | $763,269 | $725,577 | $791,923 | $854,808 | $875,000 | $955,769 | $975,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $1,895,106 | $3,046,384 | $2,699,878 | $3,450,218 | $16,523,075 | $4,901,691 | $5,362,593 | $6,619,058 | $10,529,340 | $12,361,438 |
| Option awards | $631,727 | $5,824,970 | $899,992 | $1,150,020 | $1,499,996 | $1,562,532 | $1,787,568 | $2,206,265 | $0 | $0 |
| Non-equity incentive | $965,791 | $1,168,440 | $1,212,474 | $1,006,172 | $1,242,780 | $2,163,138 | $2,037,434 | $1,775,813 | $966,713 | $0 |
| Pension and deferred compensation | $4,383 | $22,238 | $0 | $35,545 | $25,825 | $34,584 | $0 | $36,186 | $33,979 | $20,296 |
| All other | $39,961 | $85,574 | $88,758 | $77,170 | $93,400 | $159,049 | $140,546 | $138,349 | $108,527 | $89,487 |
| Total | $4,211,007 | $10,847,606 | $5,630,717 | $6,482,394 | $20,110,653 | $9,612,917 | $10,182,949 | $11,650,671 | $12,594,328 | $13,446,221 |
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.
How this page was built: the WEX, Inc. filed document, accession 0001213900-26-040033. Every figure is read from that document and cited to the page and table it appears in. Filed April 3, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 124,104 | $18,488,939 | — |
| RSU | 39,464 | $5,879,330 | — |
| Option | 9,026 | — | $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.
Insider transactions since the last proxy
8 Form 4 lines since the FY2025 proxy (filed April 3, 2026)current to 2026-11-06 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-09-01 | Sale | 10b5-1 | 11,109 | $191.11 | 126,625 |
| 2026-09-01 | Exercise or conversion | 10b5-1 | 23,187 | $104.95 | 149,812 |
| 2026-09-01 | Exercise or conversion | 10b5-1 | 4,922 | $99.69 | 154,734 |
| 2026-09-01 | Sale | 10b5-1 | 180 | $186.48 | 154,554 |
| 2026-09-01 | Sale | 10b5-1 | 9,245 | $189.12 | 145,309 |
| 2026-09-01 | Sale | 10b5-1 | 7,575 | $189.87 | 137,734 |
| 2026-09-01 | Exercise or conversion derivative | 10b5-1 | 23,187 | $0.00 | 0 |
| 2026-09-01 | Exercise or conversion derivative | 10b5-1 | 4,922 | $0.00 | 0 |
The 8 most recent of 8 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Change-in-control & termination
estimated payments WEX discloses, by trigger · FY2024| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Death | — | $18,663,308 | — | $24,819,108 |
| Involuntary termination without cause | $1,485,623 | $6,407,281 | — | $14,048,704 |
| Disability | — | — | — | $6,155,800 |
| Voluntary resignation | — | — | — | $4,693,300 |
| Change in control and involuntary termination | $1,996,246 | $18,663,308 | — | $28,277,854 |
| Involuntary for cause | — | — | — | $4,693,300 |
Per the Potential Payments Upon Termination or Change in Control table in WEX, Inc.'s FY2024 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 · this page | 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 | Chief Operating Officer, International | $3,091,532 |
Board service
WEX board · FY2022–FY2025How this board is paid
Company policy: WEX pays directors a $85,000 cash retainer and $215,000 in RSUs. As stated in WEX's FY2025 proxy.
The full WEX compensation record
free company briefThis page is one person within WEX's record. The company brief lists every named executive, each linking to their own page.
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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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