Form 4: Corpay Executive Armando Lins Netto Reports Stock Transactions
SEC Form 4 Filing
Group President Armando Lins Netto reports acquisition and disposal of Corpay, Inc. (CPAY) common stock and stock options on September 9th and 10th, 2024.
Summary
- On September 9, 2024, Armando Lins Netto disposed of 15,611 shares of Corpay, Inc. common stock at a price of $308.1365 per share.
- On September 10, 2024, Netto exercised options to acquire 30,000 shares at $133.4 and 18,500 shares at $114.9.
- Also on September 10, 2024, Netto disposed of 48,500 shares at $307.0714.
- Following these transactions, Netto directly owns 28,217 shares of Corpay, Inc. common stock.
- Netto also holds 0 employee stock options with an exercise price of $133.4 and 0 stock options holding with an exercise price of $114.9.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document simply reports transactions without indicating positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may influence investor sentiment regarding Corpay's stock.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Disposal of 15,611 shares of common stock at $308.1365 per share. |
| 09/10/2024 | Exercise of options for 30,000 shares at $133.4 and 18,500 shares at $114.9; disposal of 48,500 shares at $307.0714 per share. |
| 09/11/2024 | Date of signature for the Form 4 filing. |
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