4/A: Corpay Director Gerald C. Throop Amends SEC Filing to Correct Tax Withholding
SEC Filing (Form 4/A Amendment)
Gerald C. Throop, a director of Corpay, Inc., amended a previous SEC filing to correct the number of shares withheld for tax liability related to vesting securities.
Summary
- This is an amendment to a Form 4 filing by Gerald C. Throop, a director of Corpay, Inc.
- The amendment corrects the number of securities withheld for payment of tax liability resulting from the vesting of a security issued in accordance with Rule 16b-3.
- The original filing incorrectly stated that 999 shares were withheld, but the corrected number is 740 shares.
- The transaction occurred on January 26, 2024, with a price of $294.01 per share.
- Following the transaction, Throop directly owns 1,778 shares of Corpay common stock.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and major shareholders) to report transactions in their company's stock, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 01/26/2024 | Date of the transaction (tax withholding). |
| 01/30/2024 | Date of original filing that was amended. |
| 06/28/2024 | Date of signature on the amended filing. |
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