Corpay, Inc. (ticker CPAY) filed a Form 4 disclosing that Alan King, Group President – Global Fleet, acquired 15,000 employee stock options on 18 June 2025. The options have an exercise price of $280.97, became exercisable immediately on the same date, and carry an expiration date of 25 October 2031.
The derivative award stems from a performance-based option grant originally issued on 25 October 2021; the filing states that the performance criteria were modified and certified on 18 June 2025, triggering vesting. After the transaction, Mr. King directly owns 15,000 derivative securities; no indirect ownership or open-market equity transactions are reported.
The document contains no sales of common stock, no cash proceeds, and no additional financial data. It was signed by Crystal Williams under power of attorney on 23 June 2025.