Form 4: Corpay Inc. Executive Alissa B. Vickery Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Alissa B. Vickery, Chief Accounting Officer of Corpay Inc., disposed of 131 shares of common stock on March 1, 2025, to cover tax liabilities associated with vesting securities.
Summary
- On March 1, 2025, Alissa B. Vickery, the Chief Accounting Officer of Corpay Inc. (CPAY), disposed of 131 shares of common stock.
- The transaction was executed to cover tax liabilities related to the vesting of a security issued under Rule 16b-3.
- The shares were disposed of at a price of $367.05 per share.
- Following the transaction, Vickery directly owns 2,422 shares of Corpay Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment. It's a neutral event.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders. This transaction is a common occurrence where executives sell shares to cover tax obligations arising from vesting equity.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock disposal transaction. |
| 03/04/2025 | Date of signature on the report. |
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