FOUR insider notice: 2,500 Class A shares proposed sale via Merrill Lynch

Rhea-AI Filing Summary

Shift4 Payments, Inc. (FOUR) submitted a Form 144 notifying a proposed sale of 2,500 shares of Class A common stock through Merrill Lynch on the NYSE, with an aggregate market value of $221,475 and approximately 67,291,183 shares outstanding. The shares were acquired through the vesting of restricted stock unit awards: 1,152 shares vested on December 8, 2024 and 1,348 shares vested on March 2, 2025. The filer reports no securities sold in the past three months. The filing is a routine notice under Rule 144 for proposed insider sales and does not include additional financial performance data.

Insights

Financial Analyst

TL;DR: Routine Rule 144 notice for a small proposed sale of vested RSUs; immaterial to company capitalization.

The proposed sale of 2,500 shares valued at $221,475 represents roughly 0.0037% of the reported outstanding Class A shares, indicating limited dilutive or market impact. The securities were acquired via vesting of RSUs on two dates, confirming these are equity compensation shares becoming eligible for sale. Absence of sales in the prior three months suggests this is not part of recent active disposals. No additional operating or financial data are provided in the filing to change this assessment.

Corporate Governance Expert

TL;DR: Filing documents compliance with insider sale rules; disclosure aligns with Rule 144 requirements.

This Form 144 supplies required details: broker, number of shares, aggregate value, acquisition dates, and nature of acquisition (vesting of restricted stock units). The filer certifies no undisclosed material adverse information and indicates no aggregated recent sales to report. From a governance perspective, the filing reflects standard disclosure practices for insiders disposing of compensation-derived equity. The document contains no indications of irregular trading plans or regulatory issues.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	Merrill Lynch 225 Liberty St Floor 37 New York NY 10281	2500	221475.00	67291183	09/03/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	12/08/2024	Vesting of restricted stock unit award	Shift4 Payments, Inc.			1152	12/08/2024	Granted as part of issuer equity compensation plan
Class A Common Stock	03/02/2025	Vesting of restricted stock unit award	Shift4 Payments, Inc.			1348	03/02/2025	Granted as part of issuer equity compensation plan

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed by Shift4 Payments (FOUR) disclose?

The filing discloses a proposed sale of 2,500 Class A shares through Merrill Lynch on the NYSE with an aggregate market value of $221,475 and about 67,291,183 shares outstanding.

How were the shares acquired that are proposed to be sold?

The shares were acquired through the vesting of restricted stock units (RSUs): 1,152 shares vested on 12/08/2024 and 1,348 shares vested on 03/02/2025.

Has the filer sold any Shift4 Payments securities in the past three months?

The filing reports "Nothing to Report" for securities sold during the past three months.

Which broker and exchange are involved in the proposed sale?

The proposed sale lists Merrill Lynch, 225 Liberty St, New York as the broker and the transaction is to occur on the NYSE.

Does the Form 144 indicate any material nonpublic information by the seller?

By signing the notice, the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed; no other information is provided in the filing.