Corpay exec sells 18,423 shares after option exercise
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
Exercise and Sale: 18,423 shares ($4.02M approx. pre-tax spread)
Exercise and Sale
5 txns
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 contracts (Direct);
Common Stock — 24,537 shares (Direct)
Footnotes (3)
- 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.
- 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.
- 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.
Key Figures
Employee stock options exercised: 18,423 options
Option exercise price: $196.18 per share
Common shares acquired on exercise: 18,423 shares
+5 more
8 metrics
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
Key Terms
Employee Stock Options, weighted average sale price, open market sale transactions, broker-dealer
4 terms
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
