Alan King, Group President of International Vehicle Payments at Corpay, Inc., filed a Form 4 on August 21, 2026, disclosing the exercise of employee stock options and subsequent open market sales of common stock transacted on August 20, 2026.

Key Highlights

  • Option exercise: King acquired 18,423 shares of common stock via employee stock option exercise (transaction code M) at an exercise price of $196.18 per share on August 20, 2026.
  • Three separate open market sales: King disposed of 8,237 shares at a weighted average price of $414.0779, 9,928 shares at $415.0733, and 258 shares at $415.7031, all on August 20, 2026.
  • Remaining direct ownership: Following all three sale transactions, the filing reports 24,537 shares of common stock beneficially owned directly by King.
  • Options extinguished: The 18,423 employee stock options exercised, which had an expiration date of March 27, 2030, were reduced to zero derivative securities held following the transaction.
  • Weighted average prices disclosed: Each sale line reflects a weighted average, with full per-share price details available upon request, according to the filing's footnotes.

Transaction Details for Corpay's International Vehicle Payments Executive

According to the filing, Alan King holds the title of Group President of International Vehicle Payments at Corpay, Inc. (NYSE:CPAY), a company operating in the corporate payments sector. On August 20, 2026, King exercised employee stock options originally granted with an exercise price of $196.18 and an expiration date of March 27, 2030, acquiring 18,423 shares of common stock. Prior to the sales, the filing shows King held 42,960 shares directly after the option exercise.

The filing then reports three open market sale transactions, each conducted on the same date through a broker-dealer. The first covered 8,237 shares at a weighted average of $414.0779, with individual sale prices ranging from $413.51 to $414.51. The second covered 9,928 shares at a weighted average of $415.0733, with prices ranging from $414.53 to $415.50. The third covered 258 shares at a weighted average of $415.7031, with prices ranging from $415.59 to $416.265. The filing notes that each line consolidates transactions within a one-dollar price range, and full detail is available to the SEC, the issuer, or shareholders upon request.

After recording all three disposals, the filing states that King directly beneficially owned 24,537 shares of Corpay common stock. The Form 4 was signed by Crystal Williams under a power of attorney and filed on August 21, 2026.

What Was Disclosed

The Form 4 filed August 21, 2026 discloses that Alan King, an officer of Corpay, Inc., exercised 18,423 employee stock options at $196.18 and sold shares in three open market transactions on August 20, 2026, leaving him with 24,537 directly held shares.