CEO Ronald Clarke Files to Sell $88.5M in Corpay Stock
CPAY sits 64% above its 52-week low of $252.84.
Summary
CEO Ronald F. Clarke filed a Form 144 to sell 213,860 shares (~$88.5M) of Corpay stock, the largest insider sale notice in 90 days.
Key Events · Ownership and Investor Activity · CPAY
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CEO Files $88.5M Sale Notice
Ronald F. Clarke filed a Form 144 to sell 213,860 shares valued at approximately $88.5 million, the largest single insider sale notice in the 90-day window.
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Recent Option Exercise Monetized
159,957 of the shares were acquired via option exercise on 08/21/2026, three days before the filing, indicating Clarke is converting recent equity compensation to cash.
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Broader Insider Distribution
Four insiders have sold roughly $55.9 million in open-market transactions over the past 90 days, with this filing adding to that pattern.
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Near 52-Week High
The stock trades at $413.92, near its 52-week high of $425.95, providing a favorable price environment for insider selling.
Analysis · CPAY · Trade & Services
CEO Ronald F. Clarke has filed a Form 144 to sell 213,860 shares worth approximately $88.5 million. This is the largest single insider sale notice in the last 90 days and comes amid a broader distribution pattern — four insiders have sold roughly $55.9 million in open-market transactions over that period. The sale includes 159,957 shares acquired via option exercise just three days ago, suggesting Clarke is monetizing recent equity compensation rather than holding. For a company trading near its 52-week high, a CEO sale of this size is a notable signal about insider conviction, especially following a Q2 earnings miss and a $100 million FTC settlement charge.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CPAY was trading at $413.92 on NYSE in the Trade & Services sector, with a market capitalization of approximately $27.2B. The 52-week trading range was $252.84 to $425.95. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.