4/A: Corpay Director Rahul Gupta Amends SEC Filing to Correct Tax Withholding on Stock Vesting

Rahul Gupta, a director at Corpay, Inc. (CPAY), amended a previous SEC filing to correct the number of shares withheld for tax obligations related to a stock vesting event.

Summary

• This is an amendment to a Form 4 filing by Rahul Gupta, 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.
• The corrected number of securities withheld is 655, at a price of $294.01 per share, whereas the original filing stated 581.
• Following the transaction, Gupta directly owns 2,528 shares of Corpay common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing amendment, indicating standard corporate governance practices. The correction of an error suggests attention to detail, which is mildly positive.

Industry Context

Form 4 filings are standard practice for company insiders (directors, officers, and major shareholders) to report transactions in their company's stock to the SEC, ensuring transparency and preventing insider trading. Amendments are filed to correct errors or omissions in the original filings.

Stakeholder Impact

• The correction of the filing ensures accurate information is available to shareholders and the public.

Key Dates