Macchia Richard 4

What Happened
Richard Macchia, a director of Corpay, Inc. (CPAY), was granted 886 shares as a restricted stock award on 2026-02-24. The award was reported at $0.00 per share (grant value recorded as $0 on the Form 4), and the shares are scheduled to vest on 2027-02-24. This is a compensation award for director service rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-24 (Form 4 filed 2026-02-26). Filing appears timely (filed within two business days).
• Transaction type/code: Award/Grant (Code A).
• Shares granted: 886; price reported: $0.00; reported acquisition value: $0.
• Shares owned after transaction: not provided in the information supplied.
• Footnote: Restricted stock award for 2026 director service that vests on 2027-02-24 (F1).
• No indication of tax withholding, 10b5-1 plan, or late filing in the provided filing.

Context
Restricted stock awards to directors are a common form of compensation and vest over time; they do not represent an immediate market purchase or sale and should not be interpreted as a direct bullish or bearish trade. The shares will only transfer free of restrictions upon vesting (here, one year later), at which point any secondary-market activity would be separate and reportable.