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Corpay ties 328,213 executive stock units to price targets between $425 and $475

7/25/2026

Two executives received equity grants whose value depends entirely on where the stock price goes from here. That type of award is called a performance-based restricted stock unit, or PSU.

It pays out only when specified price thresholds are met and carries no guaranteed value. Corpay's Compensation Committee approved the grants on July 22, 2026, giving Ronald F. Clarke 300,000 PSUs and Armando L.

Netto 28,213, for a combined 328,213 units. Three thresholds, one deadline The grant for each executive splits into equal thirds by price target.

For Clarke, 100,000 PSUs are earnable if the stock closes at or above $425.00 on five separate trading days during the performance period. Another 100,000 require a close at or above $450.00.