CORPAY (CPAY) director reports Form 4 tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CORPAY, INC. director Rahul Gupta reported a Form 4 showing a tax-related share disposition. On the reported date, 256 shares of common stock were withheld at a price of $337.12 per share to cover tax obligations tied to vesting under Rule 16b-3. After this transaction, Gupta directly owned 2,713 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gupta Rahul
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 256 | $337.12 | $86K |
Holdings After Transaction:
Common Stock — 2,713 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CORPAY (CPAY) director Rahul Gupta report?
Rahul Gupta reported a disposition of 256 shares of CORPAY common stock. The shares were withheld to satisfy tax obligations upon vesting of equity granted under Rule 16b-3, rather than an open-market sale.
Was Rahul Gupta’s CORPAY (CPAY) Form 4 transaction an open-market sale?
No, the Form 4 indicates a tax-withholding disposition, code “F,” not an open-market sale. Shares were withheld by the issuer to pay tax liabilities triggered by the vesting of previously granted equity.
What does transaction code “F” mean in Rahul Gupta’s CORPAY (CPAY) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, shares were withheld to cover taxes due on the vesting of a security issued under Rule 16b-3.