Corpay (CPAY) director granted 886 restricted shares for 2026 service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Throop Gerald C reported acquisition or exercise transactions in this Form 4 filing.
Corpay, Inc. director Gerald C. Throop received an award of 886 shares of common stock for 2026 director service, structured as restricted stock that vests on February 24, 2027. After this grant, he directly holds a total of 2,435 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Throop Gerald C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 886 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,435 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Corpay (CPAY) disclose for director Gerald C. Throop?
Corpay disclosed that director Gerald C. Throop received a grant of 886 shares of common stock. The award is compensation for his 2026 director service and is structured as restricted stock that vests on February 24, 2027, increasing his direct holdings to 2,435 shares.
Was the Corpay (CPAY) director stock transaction a purchase or a grant?
The transaction was a stock grant, not an open-market purchase. Gerald C. Throop acquired 886 common shares as a restricted stock award for 2026 director service, with no cash price per share and vesting scheduled for February 24, 2027.
When does Gerald C. Throop’s Corpay (CPAY) restricted stock award vest?
The restricted stock award vests on February 24, 2027. Until that vesting date, the 886 granted shares are subject to restrictions typically tied to continued service as a director, as indicated by the footnote describing the award for 2026 director service.