The PSU grants are standard retention tools with no immediate trading signal. Monitor CPAY stock price relative to $425/$450/$475 hurdles for potential insider selling or accelerated vesting events.
Price Chart
Executive Summary
Corpay granted 300,000 performance-based restricted stock units (PSUs) to CEO Ronald F. Clarke and 28,213 PSUs to officer Armando L. Netto, vesting upon stock price targets of $425, $450, and $475 per share through August 31, 2028. This is a routine compensatory arrangement aligning executive pay with shareholder value, with no immediate financial impact.
Key Facts
- CEO Ronald F. Clarke granted 300,000 PSUs; Armando L. Netto granted 28,213 PSUs.
- PSUs vest based on stock price hurdles: $425, $450, and $475 per share, each requiring five separate trading days at or above the threshold.
- Performance period runs from July 22, 2026 through August 31, 2028.
- Grants approved by Compensation Committee on July 22, 2026 under the Amended and Restated 2010 Equity Compensation Plan.
Financial Impact
No material financial impact; potential dilution if all PSUs vest (328,213 shares, ~0.14% of outstanding based on $23.8B market cap and ~$425 stock price).
Risk Factors
- Minimal dilution risk if all PSUs vest (328,213 shares).
- No change to near-term fundamentals or guidance.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001175454-26-000042 |
| Document: 0001175454-26-000042-index-headers.html | 0001175454-26-000042 |
| Document: 0001175454-26-000042-index.html | 0001175454-26-000042 |
| Document: 0001175454-26-000042.txt | 0001175454-26-000042 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 26, 2026 5w ago | Insider Cluster | $406.93 $400.32 | ▲ +1.62% | ▲ +1.85% | $394.64 (+3.02%) |
Aug 21, 2026 6w ago | Insider Cluster | $417.13 $397.76 | ▼ −4.64% | ▼ −4.36% | $394.64 (−5.39%) |
Aug 21, 2026 6w ago | Insider Cluster | $417.13 $397.22 | ▼ −4.77% | ▼ −4.25% | $394.64 (−5.39%) |
Aug 20, 2026 6w ago | 144 | $417.13 $397.22 | ▼ −4.77% | ▼ −4.25% | $394.64 (−5.39%) |
Aug 20, 2026 6w ago | Insider Cluster | $412.00 $397.76 | ▼ −3.46% | ▼ −3.46% | $394.64 (−4.21%) |
Aug 19, 2026 6w ago | 144 | $412.00 $397.76 | ▼ −3.46% | ▼ −3.46% | $394.64 (−4.21%) |
Aug 19, 2026 6w ago | Insider Cluster | $407.08 $404.26 | ▼ −0.69% | ▲ +1.26% | $394.64 (−3.06%) |
Aug 18, 2026 6w ago | 144 | $407.08 $404.26 | ▼ −0.69% | ▲ +1.26% | $394.64 (−3.06%) |
Jul 30, 2026 9w ago | Institutional Cluster | $390.12 $403.67 | ▲ +3.47% | ▼ −0.49% | $394.64 (+1.16%) |
Jul 24, 2026 9w ago | 8-K | $379.71 $413.92 | ▲ +9.01% | ▲ +5.71% | $394.64 (+3.93%) |
US Market Status
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