Corpay (CPAY) executive updates stock award and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Corpay, Inc. executive Armando Lins Netto reported an amended stock award and related tax withholding. On 2026-02-14, he acquired 925 shares of common stock at $0.0000 per share as a grant or award, bringing his holdings at that point to 34,206 shares directly owned.
The filing also shows 411 shares of common stock withheld at $337.1200 per share to satisfy tax liabilities tied to the vesting, leaving him with 33,795 shares directly owned afterward. Footnotes explain this Form 4/A amends previously reported figures, changing the vesting amount from 1,021 to 925 shares and tax-withheld shares from 454 to 411.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Netto Armando Lins
Role
GroupPresident Brazil&USVehPmt
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 925 | $0.00 | -- |
| Tax Withholding | Common Stock | 411 | $337.12 | $139K |
Holdings After Transaction:
Common Stock — 34,206 shares (Direct)
Footnotes (1)
- To amend the vesting of performance-based restricted stock from 1,021 to 925 To amend the number of securities from 454 to 411 withheld for payment of tax liability incident to the vesting of a security issued in accordance with Rule 16b-3
FAQ
What insider transaction did Corpay (CPAY) report for Armando Lins Netto?
Corpay reported that executive Armando Lins Netto received a grant of 925 shares of common stock on February 14, 2026. The award was recorded at $0.0000 per share, reflecting a compensation-related equity grant rather than an open-market purchase.
What are Armando Lins Netto’s Corpay (CPAY) holdings after these transactions?
After the tax-withholding disposition, Armando Lins Netto directly owns 33,795 shares of Corpay common stock. This share count appears in the filing as the total number of shares owned following the February 14, 2026 transactions.
Why is this Corpay (CPAY) Form 4/A labeled as an amendment?
The Form 4/A amends earlier figures for a performance-based restricted stock vesting. Footnotes state the vested shares were adjusted from 1,021 to 925, and tax-withheld shares from 454 to 411, correcting previously reported amounts.
Is the Corpay (CPAY) tax-withholding transaction an insider sale in the market?
No, the 411-share transaction is described as payment of tax liability by delivering securities. This is a tax-withholding disposition under Rule 16b-3, not an open-market sale reflecting a discretionary trading decision.
What role does Armando Lins Netto hold at Corpay (CPAY)?
Armando Lins Netto is identified as Group President, Brazil & US Vehicle Payments. The reported equity grant and tax withholding relate to his compensation in that executive role, rather than to an external investment or trading strategy.