King Alan 4
4 · CORPAY, INC. · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
Corpay (CPAY) Alan King Withholds 490 Shares for Taxes
What Happened
Alan King, Group President, International Vehicle Payments at Corpay, had 490 shares withheld to satisfy tax withholding obligations related to a vested award. The shares were valued at $327.14 each, for a total disposition value of $160,299, with the transaction dated January 23, 2026. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date and price: 490 shares withheld on 2026-01-23 at $327.14 per share (total $160,299).
- Shares owned after transaction: Not specified in the excerpted filing.
- Footnote: F1 — Payment of tax liability by withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3.
- Filing timeliness: Report filed 2026-01-27 (within the standard two-business-day Form 4 window).
Context
Withholding shares to cover taxes is a routine administrative action when equity awards vest; it is effectively a cashless tax payment and does not necessarily indicate the insider is selling additional shares or changing investment views. This is a disposition only for tax purposes, not an open-market sale or purchase.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-23$327.14/sh−490$160,299→ 21,598 total
Footnotes (1)
- [F1]Payment of tax liability by withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3