Alan King at Corpay (CPAY) receives new stock and option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corpay, Inc. reported that executive Alan King, Group President of International Vehicle Payments, received new equity awards on February 24, 2026. He was granted 7,645 Employee Stock Options at an exercise price of $0.0000 per share and 1,181 shares of Common Stock as a grant or award.
The restricted stock will vest in three equal installments of 33% on February 24, 2027, 2028 and 2029, subject to his continued employment on each vesting date. The options will vest in four equal installments of 25% on February 24, 2027, 2028, 2029 and 2030, also contingent on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
King Alan
Role
GroupPresident IntlVehiclePmts
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 7,645 | $0.00 | -- |
| Grant/Award | Common Stock | 1,181 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Options — 7,645 shares (Direct);
Common Stock — 24,499 shares (Direct)
Footnotes (1)
- Restricted stock that will vest ratably (33%) on February 24, 2027, 2028 and 2029, subject to the Reporting Person's continued employment on the applicable vesting dates. Options vest ratably (25%) on February 24, 2027, 2028, 2029 and 2030, subject to the Reporting Person's continued employment on the applicable vesting dates.
FAQ
What insider transactions did Corpay (CPAY) report for Alan King?
Corpay reported that executive Alan King received grants of 7,645 Employee Stock Options and 1,181 shares of Common Stock on February 24, 2026. Both awards are classified as grants or awards, not open-market purchases or sales, and are part of his equity compensation.
How many Corpay (CPAY) stock options were granted to Alan King?
Alan King was granted 7,645 Employee Stock Options on February 24, 2026. These options vest in four equal 25% installments on February 24 of 2027, 2028, 2029 and 2030, provided he remains employed on each applicable vesting date.
What restricted stock did Alan King receive from Corpay (CPAY)?
Alan King received a grant of 1,181 shares of Corpay Common Stock on February 24, 2026. The restricted stock will vest ratably at 33% on February 24, 2027, 2028 and 2029, assuming his continued employment on each corresponding vesting date.
Are Alan King’s Corpay (CPAY) equity awards immediately vested?
No, Alan King’s equity awards are subject to multi-year vesting. The 1,181 restricted shares vest 33% annually in 2027, 2028 and 2029, while the 7,645 stock options vest 25% annually from 2027 through 2030, all contingent on continued employment.
What was the exercise price of Alan King’s Corpay (CPAY) stock options?
The 7,645 Employee Stock Options granted to Alan King on February 24, 2026 carry a reported exercise price per share of $0.0000. These options vest in four equal annual 25% tranches from 2027 through 2030, subject to his continued employment.