Form 4: Corpay Director Thomas M. Hagerty Reports Stock Transaction

Director Thomas M. Hagerty of Corpay, Inc. reported a transaction involving the withholding of 297 common stock shares to cover tax liabilities.

Summary

• Thomas M. Hagerty, a director at Corpay, Inc., filed a Form 4 indicating a transaction on January 22, 2025.
• The transaction involved the disposal of 297 shares of common stock at a price of $375.61 per share.
• These shares were withheld to cover tax liabilities related to the vesting of a security issued under Rule 16b-3.
• Following the transaction, Mr. Hagerty beneficially owns 9,222 shares of Corpay common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of a stock transaction, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as directors, in accordance with SEC regulations.
• The transaction is typical of tax withholding related to vesting of equity awards, a common practice across publicly traded companies.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it is a routine tax withholding event.

Key Dates

Keywords

Form 4, Corpay, Stock Transaction, Director, Thomas M. Hagerty, Share Disposal, Tax Withholding, Beneficial Ownership