Corpay President Sells $24.8M in Stock After Option Exercise
CPAY sits 43% above its 52-week low of $252.84.
Summary
Corpay's President, Armando Netto, sold $24.8 million worth of company stock after exercising options, marking a substantial executive sale near the stock's 52-week high.
Key Events · Ownership and Investor Activity · CPAY
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Executive Stock Sale
President Armando Netto sold 70,476 shares of Corpay common stock for a total of $24,816,770.26 at an average price of $352.13 per share on June 15, 2026.
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Option Exercise
Prior to the sale, Mr. Netto exercised options to acquire 70,476 shares for $15,666,793.33, with exercise prices ranging from $196.18 to $231.70.
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Significant Executive Disposition
This transaction represents a substantial disposition of shares by a key executive, occurring while the stock is trading near its 52-week high. It follows a Form 144 filing on 2026-06-15 for the same number of shares, indicating the execution of a previously declared intent to sell.
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Post-Transaction Holdings
Following these transactions, Mr. Netto's direct holdings in Corpay common stock decreased to 11,274 shares.
Analysis · CPAY · Trade & Services
Armando Netto, President of Corpay, exercised options and immediately sold the resulting shares for $24.8 million. This transaction represents a significant disposition of shares by a key executive, following a Form 144 filing on the same day indicating intent to sell. The sale occurs while the stock is trading near its 52-week high, which could be interpreted as the executive taking profits.
How filings like this one have moved
In the 30 days to Sep 18, 2026, 29.1% of the 1703 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.36%. 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 $360.37 on NYSE in the Trade & Services sector, with a market capitalization of approximately $23.6B. The 52-week trading range was $252.84 to $367.43. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.