Form 4: Corpay Director Joseph W. Farrelly Acquires Shares as Part of 2025 Director Service Award
SEC Form 4 Filing
Director Joseph W. Farrelly acquired 796 shares of Corpay, Inc. common stock as part of a restricted stock award for 2025 director service.
Summary
- On February 14, 2025, Joseph W. Farrelly, 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, Farrelly beneficially owns 11,326 shares of Corpay, Inc. common stock.
- The restricted stock award vests on February 14, 2026.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares suggests confidence in the company, but it's a standard compensation practice.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of transaction: Joseph W. Farrelly acquired 796 shares of Corpay, Inc. common stock. |
| 02/14/2026 | Vesting date of the restricted stock award. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Director, Stock Acquisition, Restricted Stock, CORPAY, CPAY, Farrelly
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