Vickery Alissa B 4
Research Summary
AI-generated summary
Corpay (CPAY) Chief Accounting Officer Alissa Vickery Receives Award
What Happened
- Alissa Vickery, Chief Accounting Officer of Corpay, had performance-based restricted stock awards vest on April 22, 2026. A total of 1,152 shares vested (804 + 348). To satisfy tax withholding obligations, 378 vested shares (224 + 154) were withheld/disposed at a reported value of $329.93 per share, totaling $124,713. These disposals were internal tax-withholding actions, not open-market sales.
Key Details
- Transaction date: April 22, 2026. Filing date: April 24, 2026 (timely; Form 4 filed within two days).
- Awards granted/vested: 804 and 348 performance-based restricted shares (price $0.00 on acquisition entries).
- Shares withheld/disposed for taxes: 224 and 154 shares at $329.93 each; total value withheld ≈ $124,713.
- Footnotes: F1/F3 — these are performance-based RSUs that vested 5/8 on 4/22/2026 and will vest the remaining 3/8 on 4/22/2027, subject to continued employment. F2 — the disposals were withholding of securities to pay taxes under Rule 16b-3.
- Shares owned after the transaction: not provided in the supplied data.
Context
- This was a vesting of restricted stock with shares withheld to cover tax liabilities (code F). Withholding disposals are routine and do not indicate an open-market sale or a directional trade by the insider.