Form 4: Corpay Director Hala G. Moddelmog Acquires Shares as Part of Restricted Stock Award

Director Hala G. Moddelmog acquired 796 shares of Corpay, Inc. (CPAY) common stock on February 14, 2025, as part of a restricted stock award for director service.

Summary

• On February 14, 2025, Hala G. Moddelmog, a director of Corpay, Inc. (CPAY), acquired 796 shares of common stock.
• The acquisition was part of a restricted stock award for 2025 director service.
• The shares were acquired at a price of $0.
• Following the transaction, Moddelmog directly owns 7,830 shares of Corpay common stock.
• The restricted stock vests on February 14, 2026.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company, which is generally seen as a good sign. It's a routine transaction related to director compensation.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.

Industry Context

Director stock ownership is a common practice and is viewed as a way to align the interests of company leadership with those of shareholders.

Related Party Transactions

• The restricted stock award to a director is a related party transaction.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals director confidence.

Key Dates

Keywords

Corpay, Director, Moddelmog, Stock Acquisition, Restricted Stock, CPAY, Beneficial Ownership, Form 4