Corpay officer withholds shares for tax payment
Corpay, Inc. officer Alan King reported a routine share withholding to cover taxes on vested stock.
Rhea-AI Filing Summary
Corpay, Inc. officer Alan King reported a routine share withholding to cover taxes on vested stock. On January 23, 2026, 490 shares of Corpay common stock were withheld at a price of $327.14 per share, as payment of tax liability tied to a vesting award under Rule 16b-3.
Following this transaction, King directly beneficially owned 21,598 shares of Corpay common stock. The filing reflects administrative tax settlement related to equity compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 490 shares
Exercise Price or Tax Liability
1 txn
Insider
King Alan
Role
GroupPresident IntlVehiclePmts
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 490 | $327.14 | $160K |
Holdings After Transaction:
Common Stock — 21,598 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 Alan King?
Alan King reported a routine tax-withholding transaction. On January 23, 2026, 490 Corpay common shares were withheld to satisfy tax obligations arising from a vesting equity award, leaving him with 21,598 directly owned shares.
Was Alan King’s Corpay (CPAY) transaction an open-market sale?
No, it was not an open-market sale. The 490 shares were withheld by the company to cover tax liabilities associated with the vesting of a stock-based award under Rule 16b-3, rather than sold on the open market.
What does transaction code “F” mean in the Corpay (CPAY) Form 4?
Code “F” indicates shares withheld for tax payment. In this filing, 490 Corpay common shares were withheld to satisfy tax liabilities related to the vesting of a stock-based security issued under Rule 16b-3.
What role does Alan King hold at Corpay (CPAY)?
Alan King serves as an officer of Corpay. His title is Group President, International Vehicle Payments, and the reported Form 4 reflects activity in his Corpay common stock holdings connected to equity compensation vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.