Farrelly Joseph W 4

What Happened

• Joseph W. Farrelly, a director of CORPAY, INC. (CPAY), was granted 886 restricted shares on 2026-02-24. The Form 4 reports the acquisition price as $0.00 (transaction code A — award/grant). This award is compensation for director service rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-24; reported filing date: 2026-02-26 (filed within the typical two-business-day window).
• Shares granted: 886 restricted shares; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Award is for 2026 director service and vests on 2027-02-24 (see footnote F1).
• Transaction type: Award (A). No 10b5-1 plan, sale, exercise, or tax-withholding indicated in this filing.

Context

• Restricted stock awards to directors are a common form of compensation and typically vest over time; they do not indicate an immediate market purchase or sale. The grant vests one year after issue (2/24/2027), at which point the shares may be transferable or taxable depending on plan terms.