FOUR Insider Notice: 794 Class A Shares From RSU Vesting To Be Sold

Rhea-AI Filing Summary

Shift4 Payments, Inc. (FOUR) filed a Form 144 notifying the proposed sale of 794 shares of Class A common stock through Merrill Lynch on the NYSE, with an aggregate market value of $71,376.63 and an approximate sale date of 08/15/2025. The filing discloses that 455 of the shares were acquired on 02/28/2025 and 339 shares on 08/12/2025, both from vesting of restricted stock unit awards granted under the issuer's equity compensation plan. The filer reports no securities sold in the past three months and includes the standard certification that they are unaware of undisclosed material adverse information about the issuer.

Insights

Corporate Governance Expert

TL;DR: Insider plans a small sale of recently vested RSUs; routine but important for disclosure and trading-window compliance.

The Form 144 shows a proposed sale of 794 Class A shares tied to recent vesting events. These notices are procedural disclosures required when insiders sell restricted shares in reliance on Rule 144. The filing indicates the shares originated from the company’s equity compensation plan rather than open-market purchases, which is typical for RSU vesting and subsequent sales. No past three-month sales are reported, and the seller affirms no undisclosed material adverse information, aligning with standard insider-sale attestations.

Securities Analyst

TL;DR: The transaction is a small, compensatory-share sale notice; it is informational rather than indicative of company performance.

The notice identifies Merrill Lynch as the broker and lists an approximate sale date. The aggregate market value is explicitly stated as $71,376.63. Because the shares were acquired via vesting of RSUs on two specific dates, the sale likely reflects routine monetization of compensation. The filing contains no signs of accelerated disposals or prior three-month sales activity by the filer.

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

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	794	71376.63	67291183	08/15/2025	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	02/28/2025	Vesting of restricted stock unit award	Shift4 Payments, Inc.			455	02/28/2025	Granted as part of issuer equity compensation plan
Class A Common Stock	08/12/2025	Vesting of restricted stock unit award	Shift4 Payments, Inc.			339	08/12/2025	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

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 Shift4 Payments' Form 144 (FOUR) disclose?

The filing discloses a proposed sale of 794 Class A shares through Merrill Lynch on the NYSE with an aggregate market value of $71,376.63, approximately on 08/15/2025.

How were the shares being sold acquired?

The shares were acquired through vesting of restricted stock unit awards from Shift4 Payments, Inc., with 455 shares vesting on 02/28/2025 and 339 shares vesting on 08/12/2025.

Did the filer report any sales in the past three months?

No. The Form 144 states "Nothing to Report" for securities sold during the past three months.

Who is the broker handling the proposed sale?

The broker listed is Merrill Lynch, located at 225 Liberty St Floor 37, New York, NY, and the exchange is the NYSE.

Does the filer attest to awareness of undisclosed material information?

Yes. The filer signs the notice representing they do not know any material adverse information about the issuer that has not been publicly disclosed.