Form 4: Corpay CFO Thomas Panther Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Chief Financial Officer of Corpay, Thomas Panther, disposed of 385 shares of common stock on January 23, 2025, to cover tax liabilities associated with vesting securities.
Summary
- On January 23, 2025, Thomas E. Panther, the Chief Financial Officer of Corpay, Inc. (CPAY), disposed of 385 shares of common stock.
- The transaction was executed to cover tax liabilities incident to the vesting of a security.
- The shares were sold at a price of $373.41 per share.
- Following the transaction, Panther directly owns 4,539 shares of Corpay common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (disposal of shares for tax purposes) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard tax-related sale, common among executives receiving stock-based compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | Date of transaction: Thomas Panther disposed of 385 shares of Corpay common stock. |
| 01/27/2025 | Signature date of the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.