STOCK TITAN

Corpay (NYSE: CPAY) president sells 18,423 shares near $414 each

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

For CORPAY, INC. (CPAY), Group President International Vehicle Payments Alan King exercised 18,423 employee stock options on 2026-08-20 at an exercise price of $196.18 per share, acquiring the same number of common shares. On the same day he sold an aggregate of 18,423 common shares in multiple open-market trades, reported in three lines with weighted average prices of $414.0779 (range $413.51–$414.51), $415.0733 (range $414.53–$415.50) and $415.7031 (range $415.59–$416.265). The option grant, originally exercisable from 2021-03-27 and expiring 2030-03-27, is reported with 0 options remaining from this block after the exercise.

Positive

  • None.

Negative

  • None.
Insider King Alan
Role GroupPresident IntlVehiclePmts
Sold 18,423 shs ($7.64M)
Approx. gross sale proceeds $7.64M
Approx. exercise cost $3.61M
Approx. pre-tax spread $4.02M
Type Security Shares Price Value
Exercise Employee Stock Options 18,423 $0.00 $0.00
Exercise Common Stock 18,423 $196.18 $3.61M
Sale Common Stock F1 8,237 $414.0779 $3.41M
Sale Common Stock F2 9,928 $415.0733 $4.12M
Sale Common Stock F3 258 $415.7031 $107K
Holdings After Transaction: Employee Stock Options — 0 shares (Direct); Common Stock — 24,537 shares (Direct)
Footnotes (3)
  1. F1. Reflects the weighted average sale price. The range of prices for such transaction is $413.51 to $414.51. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
  2. F2. Reflects the weighted average sale price. The range of prices for such transaction is $414.53 to $415.50. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
  3. F3. Reflects the weighted average sale price. The range of prices for such transaction is $415.59 to $416.265. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
Employee stock options exercised 18,423 options Employee Stock Options exercised into common stock on 2026-08-20
Option exercise price $196.18 per share Exercise price of employee stock options exercisable from 2021-03-27 to 2030-03-27
Common shares acquired on exercise 18,423 shares Common stock received from option exercise on 2026-08-20
Common shares sold (total) 18,423 shares Aggregate common shares sold in open-market transactions on 2026-08-20
Weighted average sale price band 1 $414.0779 per share 8,237 shares sold; price range $413.51–$414.51, weighted average reported
Weighted average sale price band 2 $415.0733 per share 9,928 shares sold; price range $414.53–$415.50, weighted average reported
Weighted average sale price band 3 $415.7031 per share 258 shares sold; price range $415.59–$416.265, weighted average reported
Options remaining from this grant 0 options Total employee stock options following transaction for this specific grant
Employee Stock Options financial
"security_title: "Employee Stock Options""
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
weighted average sale price financial
"Reflects the weighted average sale price. The range of prices"
open market sale transactions financial
"Open market sale transactions were made on the same day"
broker-dealer financial
"through a trade order executed by a broker-dealer"
A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

FAQ

What insider transaction did Alan King report for CORPAY, INC. (CPAY)?

Alan King reported exercising 18,423 employee stock options at $196.18 per share on 2026-08-20, receiving 18,423 common shares, and selling 18,423 common shares the same day in multiple open-market transactions at weighted average prices slightly above $414 per share.

How many CORPAY (CPAY) options did Alan King exercise and at what price?

Alan King exercised 18,423 employee stock options for CORPAY common stock at an exercise price of $196.18 per share. The options were originally exercisable starting 2021-03-27 and carried an expiration date of 2030-03-27.

How many CORPAY (CPAY) shares did Alan King sell and at what prices?

Alan King sold an aggregate of 18,423 CORPAY common shares on 2026-08-20. The sales were reported with weighted average prices of $414.0779, $415.0733, and $415.7031, within price ranges of $413.51–$416.265 across three separate one-dollar bands.

Were Alan King’s CORPAY (CPAY) trades under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is marked false, indicating the reported transactions were not affirmed as being made pursuant to a Rule 10b5-1 trading plan in this Form 4.

What happened to the specific CORPAY (CPAY) option grant after Alan King’s exercise?

For the reported employee stock options with a $196.18 exercise price, the Form 4 shows 18,423 options disposed and a remaining balance of 0 options from this block following the 2026-08-20 exercise.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
King Alan

(Last)(First)(Middle)
3280 PEACHTREE RD NE
UNIT 2400

(Street)
ATLANTA GEORGIA 30305

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CORPAY, INC. [ CPAY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
GroupPresident IntlVehiclePmts
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/20/2026M18,423A$196.1842,960D
Common Stock08/20/2026S8,237D$414.0779(1)34,723D
Common Stock08/20/2026S9,928D$415.0733(2)24,795D
Common Stock08/20/2026S258D$415.7031(3)24,537D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Options$196.1808/20/2026M18,42303/27/202103/27/2030Common Stock20,886$00D
Explanation of Responses:
1. Reflects the weighted average sale price. The range of prices for such transaction is $413.51 to $414.51. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
2. Reflects the weighted average sale price. The range of prices for such transaction is $414.53 to $415.50. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
3. Reflects the weighted average sale price. The range of prices for such transaction is $415.59 to $416.265. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
/s/ Crystal Williams, under a power of attorney08/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)