Shift4 Payments (FOUR) CEO withholds 5,193 shares for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shift4 Payments, Inc. reported an insider tax-withholding transaction by Chief Executive Officer David Taylor Lauber. On the reported date, 5,193 shares of Class A common stock were withheld at $39.29 per share to cover withholding taxes tied to vesting restricted stock units.
These shares were not sold in the open market but used to satisfy tax obligations on equity compensation. After this adjustment and a correction for 4,024 previously unreported withheld shares, Lauber holds 450,557 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lauber David Taylor
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 5,193 | $39.29 | $204K |
Holdings After Transaction:
Class A Common Stock — 450,557 shares (Direct, null)
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 June 17, 2025. Balance has been adjusted by 4,024 shares from the Reporting Person's most recently filed Form 4, representing previously withheld shares that had not been reported.
Key Figures
Shares withheld for taxes: 5,193 shares
Withholding price per share: $39.29 per share
Shares held after transaction: 450,557 shares
+1 more
4 metrics
Shares withheld for taxes
5,193 shares
Tax-withholding disposition on Class A common stock
Withholding price per share
$39.29 per share
Value used for the 5,193 withheld shares
Shares held after transaction
450,557 shares
Direct Class A common stock holdings after Form 4 event
Balance adjustment shares
4,024 shares
Previously withheld shares now reflected in holdings
Key Terms
restricted stock units, withholding taxes, tax-withholding disposition, Form 4
4 terms
restricted stock units financial
"upon the vesting of the restricted stock units granted to the Reporting Person"
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.
withholding taxes financial
"shares were withheld for payment of the withholding taxes upon the vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"from the Reporting Person's most recently filed Form 4, representing previously withheld"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Shift4 Payments (FOUR) report for its CEO?
Shift4 Payments reported that CEO David Taylor Lauber had 5,193 shares of Class A common stock withheld to cover tax obligations. The shares were tied to vesting restricted stock units and were not an open-market sale, but a tax-withholding disposition recorded on a Form 4 filing.
Was the Shift4 Payments (FOUR) CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The 5,193 shares of Class A common stock were withheld to pay withholding taxes associated with vesting restricted stock units. This type of Form 4 code F event is a tax-withholding disposition, not a discretionary share sale in the market.