CEO Ronald Clarke sold 160,000 shares of CPAY at $309.50 on 2024-09-03 for $49.5M, retaining 2.04M shares.
CEO Ronald Clarke executed a substantial sale of 160,000 shares at $309.50, reducing his holdings by -7.3% to 2,038,632 shares. The sale occurred near the stock's 52-week high of $316.14, with the current price at $311.99 and the 30-day and 90-day price movements both positive (17.3% and 19.3% respectively). Across Clarke's cross-ticker track record, his 2 prior open-market sells showed an average 90-day well-timed rate of 0.00%, meaning those prior sells were not well-positioned relative to subsequent price performance. This sale's proximity to the 52-week high warrants monitoring, particularly given the positive momentum in the underlying stock and the executive's broader sales pattern.