Short answer
Corpay (CPAY) filed an 8-K current report with the SEC on July 24, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Special PSU grants align Ronald Clarke and Armando Netto compensation with shareholder returns through August 31, 2028.
Corpay 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Special PSU grants align Ronald Clarke and Armando Netto compensation with shareholder returns through August 31, 2028
- Clarke received 300,000 PSUs; Netto received 28,213 PSUs
- Vesting requires stock closing prices of $425, $450, or $475 on five trading days
- Grants create retention incentives but could dilute shareholders if performance hurdles are achieved
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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