Corpay (NYSE: CPAY) CFO logs 1,660-share tax withholding, new stock award
Rhea-AI Filing Summary
Corpay CFO Peter Walker reported compensation-related equity activity on July 15, 2026. The company withheld a total of 1,660 shares of common stock at $356.16 per share to cover tax liabilities on vesting awards. He also received 568 vested performance-based shares and a new 938-share performance-based restricted stock award that will vest in thirds through 2028, subject to continued employment; no open-market trades were reported.
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Insights
Analyzing...
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Walker Peter
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 84 | $356.16 | $30K |
| Tax Withholding | Common Stock | 1,187 | $356.16 | $423K |
| Grant/Award | Common Stock | 568 | $0.00 | -- |
| Tax Withholding | Common Stock | 251 | $356.16 | $89K |
| Grant/Award | Common Stock | 938 | $0.00 | -- |
| Tax Withholding | Common Stock | 138 | $356.16 | $49K |
Holdings After Transaction:
Common Stock — 6,612 shares (Direct)
Footnotes (1)
- Payment of tax liability by withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3 Vesting of performance-based restricted stock Performance-based restricted stock award that vested 1/3 on July 15, 2026 and will vest 1/3 on each of July 15, 2027 and July 15, 2028, respectively, subject to the Reporting Person's continued employment on the applicable vesting dates.
Key Figures
Tax withholding shares: 1,660 shares
Tax withholding reference price: $356.16 per share
New performance-based award: 938 shares
+1 more
4 metrics
Tax withholding shares
1,660 shares
Common stock withheld for tax liabilities on 2026-07-15
Tax withholding reference price
$356.16 per share
Price applied to F-code tax-withholding dispositions of common stock
New performance-based award
938 shares
Performance-based restricted stock award with vesting in 2026, 2027 and 2028
Vested performance-based shares
568 shares
Performance-based restricted stock that vested on 2026-07-15
Key Terms
performance-based restricted stock, Rule 16b-3, tax liability by withholding securities
3 terms
performance-based restricted stock financial
"Vesting of performance-based restricted stock and new performance-based award"
Shares granted to employees or executives that are held back and only become actual, tradable stock if the company meets predefined performance targets; until those goals are met the shares cannot be sold. Think of it like a bonus held in escrow that’s released only when specific results are achieved — investors watch these awards because they tie management pay to company outcomes, can dilute existing shareholders when released, and signal how confident or incentivized insiders are to meet growth or profitability goals.
Rule 16b-3 financial
"Security issued and tax liability satisfied in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
tax liability by withholding securities financial
"Payment of tax liability by withholding securities incident to vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Corpay (CPAY) report for CFO Peter Walker?
Corpay reported that CFO Peter Walker had 1,660 shares withheld to cover taxes, 568 performance-based shares vest, and received a new 938-share performance-based restricted stock award on July 15, 2026, all in common stock.
What are the terms of Peter Walker's new performance-based restricted stock award at Corpay (CPAY)?
Peter Walker received a 938-share performance-based restricted stock award that vested one-third on July 15, 2026 and will vest one-third on July 15, 2027 and July 15, 2028, subject to his continued employment on each vesting date.
What performance-based restricted stock vested for Corpay (CPAY) CFO Peter Walker?
On July 15, 2026, 568 shares of performance-based restricted stock vested for CFO Peter Walker. These shares were granted previously and became unrestricted as part of Corpay’s performance-based equity compensation program.
Does this Corpay (CPAY) Form 4 show market trading by CFO Peter Walker?
No. The Form 4 shows equity grants, vesting, and tax-withholding events only. There were no open-market buy or sell transactions reported; all activity related to compensation awards and associated tax obligations.