Form 4: Corpay Director Richard Macchia Acquires Shares as Part of 2025 Director Service Award

Director Richard Macchia acquired 796 shares of Corpay, Inc. common stock as part of a restricted stock award for 2025 director service.

Summary

• On February 14, 2025, Richard Macchia, a director of Corpay, Inc., 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, Macchia beneficially owns 13,011 shares of Corpay, Inc. common stock.
• The restricted stock award vests on February 14, 2026.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock award to a director), suggesting a neutral to slightly positive sentiment as it indicates alignment of interests.

Positives

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

Industry Context

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

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the director increasing their stake in the company.

Key Dates

Keywords

Corpay, Director, Richard Macchia, Stock Acquisition, Restricted Stock, Beneficial Ownership, Form 4, CPAY