Form 4: Corpay CEO Ronald Clarke Exercises Stock Options, Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Ronald Clarke, CEO and Chairman of the Board of Corpay, Inc., exercised stock options and disposed of shares to cover tax liabilities on May 13, 2025.
Summary
- On May 13, 2025, Ronald Clarke, the CEO and Chairman of the Board of Corpay, Inc. (CPAY), exercised stock options for 110,000 shares of common stock at a price of $114.9 per share.
- Following the exercise, Clarke disposed of 68,823 shares to cover tax liabilities at a price of $354.82 per share.
- After these transactions, Clarke beneficially owns 2,347,328 shares of Corpay common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports transactions related to stock options and tax obligations, without indicating any strategic shifts or performance concerns.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 01/20/2017 | Date stock options were granted. |
| 05/13/2025 | Date of stock option exercise and share disposal. |
| 05/14/2025 | Date of signature on the Form 4 filing. |
| 01/20/2026 | Expiration date of the stock options. |
Keywords
Form 4, Beneficial Ownership, Stock Options, Ronald Clarke, Corpay, CPAY, SEC Filing
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