Moddelmog Hala G 4
Research Summary
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CORPAY (CPAY) Director Hala G Moddelmog Receives Award
What Happened Moddelmog Hala G, a director of CORPAY, INC. (CPAY), was granted 886 restricted shares on February 24, 2026. The Form 4 records the transaction as an award/grant (code A) with an acquisition price of $0.00, indicating compensation rather than an open-market purchase. These shares are subject to vesting (see footnote).
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (appears timely; Form 4s are generally due within two business days).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 886 restricted shares at $0.00.
- Vesting: Footnote F1 states the award is for 2026 director service and vests on 2027-02-24.
- Shares owned after transaction: Not specified in the provided filing.
- No indication of a 10b5-1 plan, tax withholding, or sale concurrent with vesting in this filing.
Context This was a compensation award to a director (restricted stock), not a market purchase or sale—such grants are common for board service and do not necessarily signal immediate market sentiment since the shares vest later and are typically subject to transfer restrictions.