Shift4 Payments (NYSE: FOUR) exec gets RSUs, withholds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shift4 Payments executive James J. Whalen reported a mix of equity award and tax-related share withholdings in Class A common stock. He received a grant of 17,018 restricted stock units at $44.07 per share on February 27, 2026, which will vest in three equal annual installments beginning on February 27, 2027. On February 20 and February 28, 2026, a total of 4,818 shares were disposed of at $58.49 and $44.07 per share, respectively, to cover withholding taxes upon vesting of prior RSU grants. After these transactions, he directly held 66,936 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Whalen James J.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 902 | $44.07 | $40K |
| Grant/Award | Class A Common Stock | 17,018 | $44.07 | $750K |
| Tax Withholding | Class A Common Stock | 3,916 | $58.49 | $229K |
Holdings After Transaction:
Class A Common Stock — 66,936 shares (Direct)
Footnotes (1)
- These shares were withheld for payment of the withholding taxes upon the vesting of the restricted stock units granted to the Reporting Person on February 21, 2025. Represents an award of restricted stock units, which will vest in three equal annual installments beginning on February 27, 2027. These shares were withheld for payment of the withholding taxes upon the vesting of the restricted stock units granted to the Reporting Person on February 29, 2024.
FAQ
What insider transactions did Shift4 (FOUR) executive James J. Whalen report?
James J. Whalen reported one equity award and two tax-related share withholdings in Shift4 Class A common stock. The filing shows an RSU grant and share disposals used to satisfy withholding taxes tied to previously granted restricted stock units.
When will James J. Whalen’s new Shift4 (FOUR) RSU award vest?
The 17,018 restricted stock units will vest in three equal annual installments beginning on February 27, 2027. This means the award vests over three years, subject to continued service or any other conditions in the underlying grant documents.
What do the tax-withholding transactions in Shift4 (FOUR) stock represent?
The tax-withholding transactions represent shares withheld to pay taxes due when restricted stock units vested. Footnotes explain that the withheld shares relate to RSU grants made on February 29, 2024 and February 21, 2025, rather than discretionary sales into the market.