Corpay director reports tax-related share disposal
Corpay, Inc. director Gerald C. Throop reported a tax-related share disposition.
Rhea-AI Filing Summary
Corpay, Inc. director Gerald C. Throop reported a tax-related share disposition. On February 14, 2026, 436 shares of Corpay common stock were disposed of at $337.12 per share to satisfy tax withholding obligations upon vesting of an equity award. This was a tax-withholding transaction under Rule 16b-3, not an open-market trade. After this event, Throop directly held 1,549 Corpay common shares.
Positive
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Negative
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Insider Trade Summary
Exercise Price or Tax Liability: 436 shares
Exercise Price or Tax Liability
1 txn
Insider
Throop Gerald C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 436 | $337.12 | $147K |
Holdings After Transaction:
Common Stock — 1,549 shares (Direct)
Footnotes (1)
- F1. Payment of tax liability by withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3
FAQ
What insider transaction did Corpay (CPAY) report for Gerald C. Throop?
Corpay reported that director Gerald C. Throop had 436 common shares disposed of at $337.12 per share. The shares were withheld to cover tax liabilities related to the vesting of an equity award under Rule 16b-3.
Was the Corpay (CPAY) insider transaction an open-market sale?
No, the Corpay transaction was not an open-market sale. The 436 shares were withheld to satisfy Throop’s tax liability upon vesting of an equity award, characterized as a tax-withholding disposition under Rule 16b-3, rather than a discretionary stock sale.
What is the transaction code and meaning for the Corpay (CPAY) Form 4 filing?
The Form 4 uses transaction code “F,” which indicates payment of an exercise price or tax liability by delivering securities. In this case, 436 Corpay common shares were withheld to satisfy Throop’s tax obligations related to a vesting equity award.
AI-generated analysis. How Rhea-AI works. Not financial advice.