King Alan 4/A
Research Summary
AI-generated summary
Corpay (CPAY) Alan King Receives Restricted Stock; 250 Shares Withheld
What Happened
Alan King, Group President, International Vehicle Payments at Corpay (CPAY), received a grant of 683 restricted shares (award, code A) on February 14, 2026 (issued at $0.00). To satisfy tax withholding obligations (code F), 250 of those shares were disposed/withheld at $337.12 per share for a total withholding value of $84,280. This Form 4 is an amended filing.
Key Details
- Transaction dates: 2026-02-14 (award and tax withholding).
- Award: 683 shares granted at $0.00 (code A). Footnote F1: vesting amended from 623 to 683 shares.
- Tax withholding/disposition: 250 shares withheld at $337.12 each, total $84,280 (code F). Footnote F2: withheld shares amended from 228 to 250.
- Shares owned after transaction: updated total reported as 24,537 (see footnote F3, includes a Feb 26 disclosure).
- Filing: Amended Form 4 filed 2026-04-01 for the February 14, 2026 report date — indicates a late/amended disclosure.
Context: The award is a grant of restricted stock (not a market purchase), and the 250-share disposal was a tax-withholding event (common when RSUs vest). These transactions are routine compensation-related actions and do not, by themselves, indicate a personal trading decision to buy or sell shares for investment purposes.