Vickery Alissa B 4
Research Summary
AI-generated summary
CORPAY (CPAY) Chief Accounting Officer Alissa Vickery Withholds 69 Shares
What Happened
- Alissa Vickery, Chief Accounting Officer of CORPAY, INC. (CPAY), had 69 shares withheld to satisfy tax withholding obligations related to equity vesting. The withholding was recorded at $320.52 per share, totaling approximately $22,116. The Form 4 lists the transaction as a disposition via tax withholding (code F).
Key Details
- Transaction date: 2026-01-24; reported on Form 4 filed 2026-01-27.
- Price used for withholding: $320.52 per share.
- Shares withheld/disposed: 69 shares; total value reported ≈ $22,116.
- Shares owned following the transaction: not specified in the filing excerpt provided.
- Footnote: F1 — payment of tax liability by withholding securities incident to the vesting of a security issued under Rule 16b-3 (i.e., shares were retained by the company to cover taxes).
- Transaction type: tax withholding on vested equity (code F), not an open-market sale.
Context
- This is a routine tax-withholding transaction tied to equity vesting (a form of "cashless" settlement) and should not be interpreted the same as a deliberate open-market sale. Such withholdings are common when insiders receive stock-based compensation and do not necessarily signal a change in insider sentiment.