Shift4 Payments (NYSE: FOUR) director receives 5,100-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shift4 Payments, Inc. director Sam Bakhshandehpour received an equity grant of 5,100 shares of Class A Common Stock, valued at $41.18 per share, as a grant or award. Following this award, he directly holds 14,772 shares.
The award represents restricted stock units that vest in full on the one-year anniversary of the grant date, subject to his continued service with the company. This is a compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bakhshandehpour Sam
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 — 14,772 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 5,100 shares
Grant price per share: $41.18 per share
Total shares after grant: 14,772 shares
+1 more
4 metrics
Shares granted
5,100 shares
Grant of Class A Common Stock as award
Grant price per share
$41.18 per share
Value assigned to the 5,100-share award
Total shares after grant
14,772 shares
Direct holdings following the award
Vesting schedule
1 year
RSUs vest in full one year after grant date
Key Terms
restricted stock units, Class A Common Stock, Grant, award, or other acquisition, vesting
4 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.
Class A Common Stock financial
"security_title: "Class A Common Stock" for the reported transaction"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
vesting financial
"which vest in full on the one year anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Shift4 Payments (FOUR) director Sam Bakhshandehpour report in this Form 4?
Sam Bakhshandehpour reported receiving 5,100 shares of Class A Common Stock as a grant or award. These shares are structured as restricted stock units that vest after one year of continued service with Shift4 Payments, reflecting equity-based director compensation.
Was the Shift4 Payments (FOUR) Form 4 transaction a market purchase or sale?
The Form 4 transaction was not a market purchase or sale. It reflects a grant or award acquisition of 5,100 restricted stock units, coded as transaction type “A,” representing compensation rather than an open-market trade in Shift4 Payments shares.
What are the vesting terms of Sam Bakhshandehpour’s new Shift4 Payments (FOUR) restricted stock units?
The 5,100 restricted stock units vest in full on the one-year anniversary of the grant date. Vesting is contingent on Sam Bakhshandehpour’s continued service with Shift4 Payments, meaning he must remain in his role through that one-year period.
Does this Shift4 Payments (FOUR) Form 4 filing indicate any derivative securities activity?
No derivative securities activity is shown in this Form 4. The filing lists only a single non-derivative transaction: a grant of 5,100 shares of Class A Common Stock as restricted stock units, with no options or other derivatives outstanding in this report.