Corpay exec updates stock award, tax withholding
Corpay, Inc. Group President International Vehicle Payments Alan King reported an amended stock award and related tax withholding.
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Form Type
4/A
Rhea-AI Filing Summary
Corpay, Inc. Group President International Vehicle Payments Alan King reported an amended stock award and related tax withholding. He received 683 shares of common stock as performance-based restricted stock vesting, and 250 shares were withheld at $337.12 per share to cover tax obligations.
After these adjustments, the filing shows 23,356 shares held directly, with a footnote indicating an updated figure of 24,537 shares inclusive of other disclosed activity. The disposition is strictly for tax payment and does not reflect an open-market sale.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
King Alan
Role
GroupPresident IntlVehiclePmts
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 683 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 250 | $337.12 | $84K |
Holdings After Transaction:
Common Stock — 23,356 shares (Direct)
Footnotes (3)
- F1. To amend the vesting of performance-based restricted stock from 623 to 683
- F2. To amend the number of securities from 228 to 250 withheld for payment of tax liability incident to the vesting of a security issued in accordance with Rule 16b-3
- F3. Updated figure inclusive of disclosure reported on February 26, 2026 is 24,537
Key Figures
Performance-based restricted stock vested: 683 shares
Shares withheld for taxes: 250 shares
Tax withholding price: $337.12 per share
+3 more
6 metrics
Performance-based restricted stock vested
683 shares
Grant/award acquisition of common stock on February 14, 2026
Shares withheld for taxes
250 shares
Tax-withholding disposition on February 14, 2026
Tax withholding price
$337.12 per share
Price used for 250-share tax withholding transaction
Direct shares after F transaction
23,356 shares
Total shares following tax-withholding disposition entry
Updated ownership including later disclosure
24,537 shares
Footnote updated figure inclusive of disclosure reported February 26, 2026
Tax-withholding shares summary
250 shares
TaxWithholdingShares in transaction summary
Key Terms
performance-based restricted stock, Rule 16b-3, tax-withholding disposition, Grant, award, or other acquisition, +1 more
5 terms
performance-based restricted stock financial
"To amend the vesting of performance-based restricted stock from 623 to 683"
Shares granted to employees or executives that are held back and only become actual, tradable stock if the company meets predefined performance targets; until those goals are met the shares cannot be sold. Think of it like a bonus held in escrow that’s released only when specific results are achieved — investors watch these awards because they tie management pay to company outcomes, can dilute existing shareholders when released, and signal how confident or incentivized insiders are to meet growth or profitability goals.
Rule 16b-3 regulatory
"tax liability incident to the vesting of a security issued in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Form 4/A regulatory
"content_type": "filing", "form_type": "4/A""
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Corpay (CPAY) executive Alan King report in this amended Form 4?
Alan King reported an amended stock award and related tax withholding. The filing shows 683 performance-based restricted shares vesting and 250 shares withheld to cover tax liabilities, updating his reported direct ownership figures accordingly.
What does the amendment in Alan King’s Corpay (CPAY) Form 4 change?
The amendment updates the number of vested and withheld shares. Footnotes revise performance-based restricted stock from 623 to 683 shares and tax-withheld shares from 228 to 250, and provide an updated ownership figure of 24,537 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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