Corpay (CPAY) director reports 8,000-share insider purchase at $314.98

Rhea-AI Filing Summary

Corpay, Inc. director reports open-market stock purchase

A director of Corpay, Inc. reported buying 8,000 shares of the company’s common stock on 12/12/2025. The transaction, coded "P" for purchase, was executed at a price of $314.98 per share. Following this transaction, the director directly owns 29,241 shares of Corpay common stock.

The filing also notes indirect beneficial ownership of an additional 6,247 shares held by certain funds. The director has shared voting power over those fund-held shares and may be deemed to beneficially own them, but disclaims beneficial ownership except to the extent of any pecuniary interest.

SEC Form 4

FORM 4

UNITED 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^*

Stull Steven T

(Last) (First) (Middle)

3280 PEACHTREE RD NE

SUITE 2400

(Street)

ATLANTA GA 30305

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CORPAY, INC. [ CPAY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/12/2025		P		8,000	A	$314.98	29,241	D
Common Stock								6,247	I	by Funds(1)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reporting person has shared voting power with respect to shares held by Advantage Capital Financial Company, LLC and related entities and may be deemed to beneficially own such shares. Reporting person disclaims beneficial ownership in the shares except to the extent of his pecuniary interest therein.

	/s/ Crystal Williams, under power of attorney	01/05/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Corpay (CPAY) report in this Form 4?

A director of Corpay, Inc. reported buying 8,000 shares of Corpay common stock on 12/12/2025, coded as a "P" (purchase) transaction.

At what price were the Corpay (CPAY) shares purchased by the director?

The director purchased the 8,000 Corpay common shares at a price of $314.98 per share.

How many Corpay (CPAY) shares does the director own after this transaction?

After the reported purchase, the director directly owns 29,241 shares of Corpay common stock.

Does the Corpay (CPAY) director report any indirect ownership of shares?

Yes. The filing shows indirect beneficial ownership of 6,247 shares held by certain funds, over which the director has shared voting power.

What does the director disclose about beneficial ownership of fund-held Corpay (CPAY) shares?

The director states he may be deemed to beneficially own shares held by Advantage Capital Financial Company, LLC and related entities, but disclaims beneficial ownership except to the extent of his pecuniary interest.

Is this Corpay (CPAY) Form 4 filed for one or multiple reporting persons?

The report is indicated as a Form filed by One Reporting Person, not by more than one reporting person.