Corpay officer sells 3,805 shares at $416.61
Rhea-AI Filing Summary
CORPAY, INC. (CPAY) reported that officer Alan King, Group President Intl Vehicle Payments, sold 3,805 shares of Common Stock on 2026-08-21 in a market transaction at a weighted average price of $416.6085 per share. After this sale, King directly holds 20,732 shares of Corpay common stock. The sale was executed through multiple open-market trades within a $416.50–$417.31 price range, reported in aggregate within a one-dollar band.
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Insights
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Insider Trade Summary
Net Seller: 3,805 shares
Net Sell
1 txn
Insider
King Alan
Role
GroupPresident IntlVehiclePmts
Sold
3,805 shs ($1.59M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 3,805 | $416.6085 | $1.59M |
Holdings After Transaction:
Common Stock — 20,732 shares (Direct)
Footnotes (1)
- F1. Reflects the weighted average sale price. The range of prices for such transaction is $416.50 to $417.31. 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
Shares sold: 3,805 shares
Weighted average sale price: $416.6085 per share
Shares following transaction: 20,732 shares
+2 more
5 metrics
Shares sold
3,805 shares
Common Stock sold on 2026-08-21 by officer Alan King
Weighted average sale price
$416.6085 per share
Open-market sale on 2026-08-21 within a $416.50–$417.31 range
Shares following transaction
20,732 shares
Direct holdings of Alan King after the reported sale
Sale price range low
$416.50
Lowest price in the reported one-dollar price band for the transaction
Sale price range high
$417.31
Highest price in the reported one-dollar price band for the transaction
Key Terms
weighted average sale price, open market sale transactions, broker-dealer, Form 4
4 terms
weighted average sale price financial
"Reflects the weighted average sale price."
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.
Form 4 regulatory
"as reported in the Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did CPAY report for Alan King on August 21, 2026?
Alan King, an officer of CORPAY, INC. (CPAY), reported selling 3,805 shares of Common Stock on 2026-08-21 in an open-market transaction.
Was Alan King’s CPAY stock sale executed in a single trade?
No. The filing states the transaction reflects a weighted average sale price and that multiple open-market sale transactions occurred the same day within the $416.50–$417.31 price range.
What role does Alan King hold at CORPAY, INC. (CPAY)?
Alan King is reported as an officer of CORPAY, INC. with the title GroupPresident IntlVehiclePmts, indicating a leadership role over international vehicle payments.
AI-generated analysis. How Rhea-AI works. Not financial advice.