Vickery Alissa B 4

What Happened
Alissa Vickery, Chief Accounting Officer of CORPAY, exercised stock options on Feb 10, 2026, acquiring 4,424 shares at $224.99 per share (cost ≈ $995,356). The filing shows 3,448 shares were withheld to cover the exercise price/tax liability (valued at $358.91; ≈ $1,237,522) and two open-market sales: 976 shares at $358.91 (≈ $350,296) and 725 shares at $358.31 (≈ $259,771).

Key Details

• Transaction date: February 10, 2026 (Form 4 filed February 12, 2026 — appears timely).
• Exercise: 4,424 shares acquired at $224.99 each (≈ $995,356).
• Withholding (F): 3,448 shares withheld for taxes/exercise price at $358.91 (≈ $1,237,522). Footnote: withholding per Rule 16b-3.
• Open-market sales (S): 976 shares @ $358.91 (≈ $350,296) and 725 shares @ $358.31 (≈ $259,771).
• Total shares reported disposed (withheld + sales): 5,149 shares; total reported value of dispositions ≈ $1,847,589.
• Shares owned after the transactions: not specified in the provided filing details.

Context

• This was an option exercise (transaction code M) followed by withholding to satisfy tax/exercise obligations (code F) and separate open-market sales (code S). The withholding is a common cashless exercise mechanism—options are converted to shares, some shares are withheld to cover taxes/exercise costs, and remaining shares may be sold.
• These actions are typically administrative/compensatory rather than a pure market-timing sell signal; filings are factual records of insider transactions and do not by themselves explain motivation.