Netto Armando Lins 4
Research Summary
AI-generated summary
CORPAY (CPAY) Armando Lins, Group President, Withholds 760 Shares
What Happened
- Armando Lins, Group President (Brazil & U.S. Vehicle Payments) at CORPAY, had 760 shares withheld to satisfy tax withholding tied to vesting. The shares were valued at $310.22 each, for a total of $235,767. This was a tax-withholding disposition (not an open-market sale), a routine administrative step following vesting.
Key Details
- Transaction date: 2026-03-17; price per share: $310.22; total value: $235,767.
- Transaction type/code: F — payment of tax liability by withholding securities incident to vesting (per footnote F1).
- Shares owned after transaction: not disclosed in the provided filing.
- Filing date: 2026-03-19 — filed within the normal Form 4 reporting window (timely).
Context
- This was a cashless tax-withholding event tied to the vesting of equity (per Rule 16b-3), not an active sell order; such withholdings are common and typically administrative rather than a signal of insider sentiment.