Form 4: Corpay Director Annabelle G. Bexiga Reports Stock Transaction

Director Annabelle G. Bexiga of Corpay, Inc. reported a transaction involving the withholding of 242 common stock shares to cover tax liabilities.

Summary

• Annabelle G. Bexiga, a director at Corpay, Inc., filed a Form 4 indicating a transaction on January 22, 2025.
• The transaction involved the withholding of 242 shares of common stock to cover tax obligations related to the vesting of a security.
• The price per share for the transaction was $375.61.
• Following the transaction, Ms. Bexiga directly owns 2,819 shares of Corpay common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of a stock transaction, which is neither positive nor negative.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as required by the Securities and Exchange Commission (SEC).
• The transaction is a common occurrence where shares are withheld to cover tax obligations related to vesting of stock awards, which is a typical part of executive compensation packages.
• Similar filings are made by directors and officers of other companies such as Global Payments Inc. (GPN) and Fiserv Inc. (FI) when they have similar transactions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard tax withholding event.

Key Dates

Keywords

Form 4, Corpay, Director, Stock Transaction, Beneficial Ownership, Tax Withholding, CPAY