Shift4 Payments (FOUR) director awarded 5,100 restricted stock units as equity pay

Rhea-AI Filing Summary

Davis Karen Roter reported acquisition or exercise transactions in this Form 4 filing.

Shift4 Payments, Inc. director Karen Roter Davis received an award of 5,100 shares of Class A common stock, treated as restricted stock units valued at $41.18 per share. These units vest in full one year after the grant date, as long as she continues in service. Following this compensation grant, she directly holds 13,309 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Davis Karen Roter

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	5,100	$41.18	$210K

Holdings After Transaction: Class A Common Stock — 13,309 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Equity award size: 5,100 shares Grant value per share: $41.18 per share Total holdings after grant: 13,309 shares +1 more

4 metrics

Equity award size 5,100 shares Restricted stock unit grant to director

Grant value per share $41.18 per share Reference value for RSU award

Total holdings after grant 13,309 shares Direct Class A common stock held after transaction

Vesting period One year RSUs vest in full one year after grant date

Key Terms

restricted stock units, vest, grant date

3 terms

restricted stock units financial

"Represents an award of restricted stock units, which vest in full on the one year anniversary"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vest financial

"which vest in full on the one year anniversary of the grant date"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

grant date financial

"on the one year anniversary of the grant date, subject to the Reporting Person's continued service"

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Davis Karen Roter

(Last) (First) (Middle)

3501 CORPORATE PARKWAY

(Street)

CENTER VALLEY PENNSYLVANIA 18034

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Shift4 Payments, Inc. [ FOUR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/15/2026		A		5,100(1)	A	$41.18	13,309	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents an award of restricted stock units, which vest in full on the one year anniversary of the grant date, subject to the Reporting Person's continued service.

Remarks:

	/s/ Jordan Frankel, Attorney-in-Fact for Karen Roter Davis	06/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Shift4 Payments (FOUR) report for Karen Roter Davis?

Shift4 Payments reported that director Karen Roter Davis received a grant of 5,100 restricted stock units of Class A common stock. The award reflects equity-based compensation and is not an open-market purchase or sale of existing shares.

At what price were the Shift4 Payments (FOUR) restricted stock units granted?

The restricted stock units were granted at a value of $41.18 per share. This price reflects the reference value for the 5,100-share equity award rather than a market trade price from an open-market transaction.

When do Karen Roter Davis’s Shift4 Payments (FOUR) restricted stock units vest?

The 5,100 restricted stock units vest in full on the one-year anniversary of the grant date. Vesting is conditioned on Karen Roter Davis maintaining continuous service with Shift4 Payments through that one-year mark.

How many Shift4 Payments (FOUR) shares does Karen Roter Davis hold after this Form 4?

After the reported grant, Karen Roter Davis directly holds 13,309 shares of Shift4 Payments Class A common stock. This total includes the newly awarded restricted stock units reported in the Form 4 filing as equity compensation.

Is the Shift4 Payments (FOUR) Form 4 transaction a market buy or sell?

The transaction is classified as a grant or award acquisition, not a market buy or sell. It represents equity compensation in the form of restricted stock units that vest over time, rather than an open-market trade executed by the director.