{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-008566","form_type":"8-K","ticker":"CPAY","cik":"0001175454","company_name":"CORPAY, INC.","filed_at":"2023-03-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.047978+00:00","generated_at":"2026-06-17T22:51:27.178814+00:00","sec_items":["1.01","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FLEETCOR enters cooperation with D.E. Shaw, appoints new director, initiates portfolio review","bullets":["Appointed Rahul Gupta as independent director; agrees to add another mutually agreed director.","Formed ad hoc Strategic Review Committee to consider separation or disposition of businesses.","Portfolio review to be completed by end of 2023, complementing business simplification plan.","D.E. Shaw agrees to standstill, voting commitments, and ownership limit of 7.5% through certain deadlines.","Long-tenured director expected to retire upon addition of second new director."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-008566","json":"https://secwatch.observer/filing/0001628280-23-008566.json","markdown":"https://secwatch.observer/filing/0001628280-23-008566.md","text":"https://secwatch.observer/filing/0001628280-23-008566.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1175454/000162828023008566/0001628280-23-008566-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1175454/000162828023008566/flt-20230315.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T22:51:27.178814+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c9989a0244","claim":"Rahul Gupta was appointed as independent director at CORPAY, INC..","evidence_excerpt":"On March 15, 2023, pursuant to the Cooperation Agreement, the Board appointed Mr. Gupta to serve as an independent director until the 2023 Annual Meeting.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000162828023008566/0001628280-23-008566-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"independent director"}],"fact_type":"executive_change"},{"claim_id":"c4f8bf593b32434b62e29d6b7ee0b6c99976b691","claim":"CORPAY, INC. entered into Cooperation Agreement with D.E. Shaw Oculus Portfolios, L.L.C. and D.E. Shaw Valence Portfolios, L.L.C. (effective 2023-03-15).","evidence_excerpt":"On March 15, 2023, FLEETCOR Technologies, Inc. (the “Company”) entered into a Cooperation Agreement (the “Cooperation Agreement”) with D.E. Shaw Oculus Portfolios, L.L.C. and D.E. Shaw Valence Portfolios, L.L.C. (collectively, “D.E. Shaw”) regarding the election of members to the Company’s Board of Directors (the “Board”) and certain other matters.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1175454/000162828023008566/0001628280-23-008566-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"D.E. Shaw Oculus Portfolios, L.L.C. and D.E. Shaw Valence Portfolios, L.L.C."},{"label":"Effective","value":"2023-03-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}