2026-08-24 (legs over 2 days to 2026-08-25): Clarke Ronald (Director, CEO & Chairman of BOD) — EXERCISE-AND-SELL (option exercise; 25% of the shares sold came from stock already held) — $88.5M of CPAY (open-market, Form 4, code S) [exercise-and-sell: sold 213,860 sh, 159,957 of them (75%) exercised 3 days earlier (94,374 sh) and 4 days earlier (65,583 sh) at $150.74 vs a $413.89 avg sale — the $24.1M strike was settled in shares withheld by the issuer (code F), not in cash, so $88.5M gross is $88.5M of cash; the held position FELL by 53,903 on the day after 290,043 withheld for the exercise price or the tax (code F) — that many of the shares sold came out of stock the filer already held] [CORRECTION 2026-08-29: shape sweep — one day-gap was quantified over shares of two different ages: the number published is the WIDEST gap any of the sold shares carried, and the sentence applied it to all of them, so shares sold on the day they were created were dated days before the sale — the split is now printed with the share count in each part. Re-derived from the filing under the fixed parser. Original text in signal_events]
SEC Form 4 on EDGAR permalink 0001193125-26-365658