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AI brief of an SEC Form 8-K · Corpay (CPAY)

Corpay grants special performance stock units to CEO Clarke and Netto tied to price hurdles

Neutral Impact 3 of 5 shareholder Written later

Corpay's Compensation Committee approved special performance-based restricted stock unit grants to Ronald F. Clarke and Armando L. Netto on July 22, 2026. The awards vest only if Corpay's stock closes at or above $425.00, $450.00 or $475.00 on five separate trading days before August 31, 2028, and are meant to align their pay with shareholder stock price gains and aid retention.

Key points

  • Grant date July 22, 2026; performance period runs through August 31, 2028
  • Clarke received 300,000 PSUs; Netto received 28,213 PSUs
  • Vesting tiers tied to stock price hurdles of $425.00, $450.00 and $475.00 on five separate trading days

The filing

CompanyCorpay (CPAY)
Form8-K, current report
Filed with the SECJul 24, 2026, 4:58 PM ET
Accession number0001175454-26-000042

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.