King Alan 4

What Happened
Alan King, Group President, International Vehicle Payments at Corpay (CPAY), was granted two equity awards on February 24, 2026: 1,181 restricted shares (reported as acquired at $0.00) and 7,645 derivative units (reported at $0.00), the latter documented as stock options in the filing. These are compensation grants (awards), not open-market purchases or sales, and the Form 4 lists $0.00 for the reported per-share price/value.

Key Details

• Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (filed within the standard 2-business-day window).
• Awards: 1,181 restricted common shares (reported acquisition); 7,645 derivative units (reported acquisition — footnote identifies these as options). Reported price: $0.00 for both items.
• Vesting: Restricted shares vest ratably 33% on Feb 24 of 2027, 2028 and 2029 (footnote F1). Options vest ratably 25% on Feb 24 of 2027, 2028, 2029 and 2030 (footnote F2). Both are subject to continued employment on vesting dates.
• Shares owned after the transaction: Not specified in the provided filing summary.
• No 10b5-1 plan, tax-withholding sale, or late-filing flag was indicated in the information provided.

Context
These grants are typical compensation awards to executives and are not sales or purchases in the open market; they signal company compensation, not necessarily a personal market view. The derivative entry reflects options that will vest over multiple years — once vested, the options could be exercised per their terms (exercise price and post-vesting treatment were not detailed in the provided summary).