Armando Lins Netto, Group President Brazil & US Payment Solutions at CORPAY, INC. (CPAY), sold 14,089 shares of the company's stock on May 28, 2026. The transaction, executed at an average price of $356.05 per share, amounted to approximately $5.02 million.
This sale follows other transactions by Netto on consecutive days, including the sale of 2,694 shares for $961,811 on May 29, 2026, and 418 shares for $148,423 on May 27, 2026.
Insider sales can be driven by various factors, including portfolio diversification, tax obligations, or pre-arranged trading plans, and do not necessarily indicate a negative outlook on the company's future performance.