--- schema_version: "secwatch.filing_event.v1" accession: "0001628280-23-022245" form_type: "8-K" ticker: "CPAY" cik: "0001175454" company_name: "CORPAY, INC." filed_at: "2023-06-15T23:59:59+00:00" generated_at: "2026-06-13T23:45:44.233682+00:00" event_type: "other" sentiment: "neutral" materiality_score: 0.3 calibrated_materiality_score: 0.15 confidence: "high" source: SEC EDGAR --- # FLEETCOR annual meeting elects directors; heavy opposition to three nominees and say-on-pay ## Summary - All 11 director nominees elected, but Thomas Hagerty received 30.1M votes against, Steven Stull 19.7M against, Hala Moddelmog 22.3M against. - Advisory say-on-pay passed with 40.1M for, 26.4M against (~40% opposed). - Shareholder proposal to modify special meeting rights defeated (24.6M for, 41.9M against). - Ratification of Ernst & Young as auditor passed with 67.6M for, 2.8M against. - Frequency of say-on-pay set at one year with 65.7M votes. ## SEC filing metadata - accession: 0001628280-23-022245 - form_type: 8-K - ticker: CPAY - cik: 0001175454 - company_name: CORPAY, INC. - filed_at: 2023-06-15T23:59:59+00:00 - event_type: other - sentiment: neutral - materiality_score: 0.3 - calibrated_materiality_score: 0.15 - confidence: high - sec_items: 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1175454/000162828023022245/0001628280-23-022245-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175454/000162828023022245/flt-20230609.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001628280-23-022245 - JSON: https://secwatch.observer/filing/0001628280-23-022245.json - Plain text: https://secwatch.observer/filing/0001628280-23-022245.txt ## Key facts - Shareholder Votes CORPAY, INC. shareholders rejected Shareholder proposal to modify the shareholder right to call a special shareholder meeting at the 2023-06-09 meeting. - Outcome: failed - Meeting: 2023-06-09 source text: V. Shareholder proposal to modify the shareholder right to call a special shareholder meeting: FOR: 24,596,800 AGAINST: 41,864,632 ABSTAIN: 38,686 BROKER NON-VOTES: 3,901,231 evidence_url: https://www.sec.gov/Archives/edgar/data/1175454/000162828023022245/0001628280-23-022245-index.htm - Shareholder Votes CORPAY, INC. shareholders approved Election of eleven directors nominated by the Board for a one-year term at the 2023-06-09 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-06-09 source text: I. Elect eleven directors nominated by the Board for a one-year term: NOMINEES Steven T. Stull FOR: 46,815,487 AGAINST: 19,663,650 ABSTAIN: 20,981 BROKER NON-VOTES: 3,901,231 Annabelle Bexiga FOR: 66,093,503 AGAINST: 388,985 ABSTAIN: 17,630 BROKER NON-VOTES: 3,901,231 Michael Buckman FOR: 66,075,132 AGAINST: 406,421 ABSTAIN: 18,565 BROKER NON-VOTES: 3,901,231 Ronald F. Clarke FOR: 62,571,985 AGAINST: 3,894,124 ABSTAIN: 34,009 BROKER NON-VOTES: 3,901,231 Joseph W. Farrelly FOR: 50,725,090 AGAINST: 15,754,715 ABSTAIN: 20,313 BROKER NON-VOTES: 3,901,231 Rahul Gupta FOR: 65,995,527 AGAINST: 487,556 ABSTAIN: 17,035 BROKER NON-VOTES: 3,901,231 Thomas M. Hagerty FOR: 36,304,412 AGAINST: 30,147,094 ABSTAIN: 48,612 BROKER NON-VOTES: 3,901,231 Archie L. Jones, Jr. FOR: 64,099,254 AGAINST: 2,381,741 ABSTAIN: 19,123 BROKER NON-VOTES: 3,901,231 Hala G. Moddelmog FOR: 44,187,838 AGAINST: 22,279,498 ABSTAIN: 32,782 BROKER NON-VOTES: 3,901,231 Richard Macchia FOR: 63,680,615 AGAINST: 2,800,867 ABSTAIN evidence_url: https://www.sec.gov/Archives/edgar/data/1175454/000162828023022245/0001628280-23-022245-index.htm - Shareholder Votes CORPAY, INC. shareholders approved Advisory vote to approve named executive officer compensation at the 2023-06-09 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-06-09 source text: III. Advisory vote to approve named executive officer compensation: FOR: 40,105,923 AGAINST: 26,367,645 ABSTAIN: 26,550 BROKER NON-VOTES: 3,901,231 evidence_url: https://www.sec.gov/Archives/edgar/data/1175454/000162828023022245/0001628280-23-022245-index.htm - Shareholder Votes CORPAY, INC. shareholders approved Advisory vote on the frequency of shareholder voting on compensation of named executive officers at the 2023-06-09 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-06-09 source text: IV. Advisory vote of the frequency of shareholder voting on compensation of named executive officers: One Year: 65,719,608 Two Year: 20,270 Three Year: 748,494 ABSTAIN: 11,746 evidence_url: https://www.sec.gov/Archives/edgar/data/1175454/000162828023022245/0001628280-23-022245-index.htm - Shareholder Votes CORPAY, INC. shareholders approved Ratify the reappointment of Ernst & Young LLP as FLEETCOR’s independent public accounting firm for 2023 at the 2023-06-09 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-06-09 source text: II. Ratify the reappointment of Ernst & Young LLP as FLEETCOR’s independent public accounting firm for 2023: FOR: 67,604,811 AGAINST: 2,778,403 ABSTAIN: 18,135 BROKER NON-VOTES: N/A evidence_url: https://www.sec.gov/Archives/edgar/data/1175454/000162828023022245/0001628280-23-022245-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.