King Alan 4

What Happened

• Alan King, Group President, International Vehicle Payments at CORPAY (CPAY), had performance-based restricted stock vest on Feb 14, 2026. He was credited with 2,961 shares (three separate award entries: 1,049; 1,289; 623).
• To satisfy tax withholding on the vesting, 1,241 shares were withheld/disposed across several withholding transactions (343; 129; 384; 157; 228) at an indicated price of $337.12 per share, totaling about $418,365. The award entries are coded "A" (award/acquisition) and the withholding entries are coded "F" (tax withholding/disposition).

Key Details

• Transaction date: February 14, 2026. Filing date: February 18, 2026 (appears timely).
• Price used for withholding/dispositions: $337.12 per share.
• Shares acquired (vested): 2,961 total (1,049 + 1,289 + 623).
• Shares withheld/disposed for taxes: 1,241 total (343 + 129 + 384 + 157 + 228) — cash value ≈ $418,365.
• Footnotes: F1 indicates tax withholding via share withholding; F2/F3 indicate these are performance-based restricted stock awards, with 1/3 vested on Feb 14, 2026 and the remaining 1/3 to vest on Feb 14, 2027 and Feb 14, 2028 subject to continued employment.
• Shares owned after the transaction are not specified in the provided summary — see the Form 4 filing for total beneficial ownership.

Context

• This was not an open-market sell driven by investment decisions but a routine withholding of shares to cover tax obligations at vesting (common practice when restricted stock vests).
• The transaction combines an acquisition (award vesting) and a disposition (tax withholding). Such withholdings are administrative and do not necessarily indicate a change in the insider’s view of the company.