Walker Peter 4
Research Summary
AI-generated summary
Corpay (CPAY) CFO Walker Peter Receives Equity Award
What Happened
- Walker Peter, Chief Financial Officer of Corpay, received equity awards on February 24, 2026: 1,772 restricted shares (awarded at $0) and a derivative award covering 11,467 shares (granted at $0), i.e., stock option awards. These grants are compensation awards (not open‑market purchases or sales) and show no cash outlay by the insider at grant.
Key Details
- Transaction date: 2026-02-24; Filing date: 2026-02-26 (filed within two business days).
- Prices: both awards reported at $0.00 per share (typical for compensation grants).
- Shares after transaction: not reported in the provided filing excerpt.
- Footnotes:
- F1 (restricted stock): 1,772 shares vest ratably 33% on Feb 24 of 2027, 2028 and 2029, subject to continued employment.
- F2 (options/derivative): options vest ratably 25% on Feb 24 of 2027, 2028, 2029 and 2030, subject to continued employment.
Context
- These are compensation grants (restricted stock and option awards), not purchases or sales; such awards are commonly used for executive pay and do not by themselves signal immediate buying/selling intent.
- The option awards are time‑based and vest over four years, so they are not immediately exercisable in full; the RSUs vest over three years per the footnote.