Throop Gerald C 4

What Happened

• Gerald C. Throop, a director of Corpay, Inc. (CPAY), received an award of 886 restricted shares on February 24, 2026. The shares were granted at $0.00 per share (total value reported as $0) under transaction code A (award/grant).
• This was a compensation award rather than an open-market purchase or sale; such grants are a common form of director pay and do not necessarily signal a buy/sell intent.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (appears timely).
• Price: $0.00 per share; reported aggregate value: $0.
• Shares granted: 886 restricted shares.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: F1 — Restricted stock award for 2026 director service that vests on 2027-02-24.
• Transaction code: A (award/grant).

Context

• Restricted stock awards typically vest over time (here, one year) and may be subject to forfeiture until vesting; they are commonly used for director compensation.
• Because this was a grant (not a purchase or sale), it should be viewed as routine compensation rather than a direct insider market signal.