Corpay (CPAY) director gets 886-share restricted stock grant
Rhea-AI Filing Summary
Macchia Richard reported acquisition or exercise transactions in this Form 4 filing.
CORPAY, INC. director Richard Macchia received a grant of 886 shares of common stock as a restricted stock award for 2026 director service. These shares vest on February 24, 2027. After this award, his directly owned common stock holdings total 13,681 shares.
Positive
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FAQ
What insider transaction did CORPAY (CPAY) disclose for Richard Macchia?
CORPAY reported that director Richard Macchia acquired 886 shares of common stock through a restricted stock award. This award compensates him for 2026 director service and was recorded as a Form 4 insider transaction.
How many CORPAY (CPAY) shares did Richard Macchia hold after the award?
After the restricted stock award, director Richard Macchia directly owned 13,681 shares of CORPAY common stock. This figure reflects his holdings immediately following the grant of 886 restricted shares reported in the Form 4.
What type of equity award did CORPAY (CPAY) grant to Richard Macchia?
CORPAY granted Richard Macchia a restricted stock award of 886 shares of common stock. The footnote explains that this grant is compensation for 2026 director service, rather than an open-market purchase.
When do Richard Macchia’s CORPAY (CPAY) restricted shares vest?
The 886 restricted shares granted to director Richard Macchia are scheduled to vest on February 24, 2027. Vesting means the restrictions on the award lapse and he fully earns the shares at that date.
Was there a purchase price on Richard Macchia’s CORPAY (CPAY) stock award?
No cash price was reported for the award. The Form 4 lists a per-share transaction price of 0.0000, indicating the 886-share restricted stock grant was provided as equity compensation, not bought in the market.
Is Richard Macchia’s CORPAY (CPAY) stock ownership direct or indirect?
The filing classifies Richard Macchia’s ownership as direct. After receiving the 886-share restricted stock award, his directly held CORPAY common stock position totals 13,681 shares according to the reported data.