Shift4 (FOUR) CEO reports major RSU grant and tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shift4 Payments, Inc. director and Chief Executive Officer David Taylor Lauber reported multiple equity compensation-related transactions in Class A common stock. On February 27, 2026, he acquired 222,373 shares through a grant of restricted stock units at $44.07 per share, bringing his direct holdings to 482,002 shares.
To cover tax withholding upon vesting of prior restricted stock unit grants, he disposed of 13,959 shares at $58.49 on February 20, 2026, 9,926 shares at $44.07 on February 28, 2026, and 12,302 shares at $44.07 on March 2, 2026, all through share withholding rather than open‑market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Lauber David Taylor
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 12,302 | $44.07 | $542K |
| Tax Withholding | Class A Common Stock | 9,926 | $44.07 | $437K |
| Grant/Award | Class A Common Stock | 222,373 | $44.07 | $9.80M |
| Tax Withholding | Class A Common Stock | 13,959 | $58.49 | $816K |
Holdings After Transaction:
Class A Common Stock — 459,774 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 20, 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. These shares were withheld for payment of the withholding taxes upon the vesting of the restricted stock units granted to the Reporting Person on March 2, 2023.
FAQ
What did Shift4 (FOUR) CEO David Taylor Lauber report in this Form 4?
He reported receiving a large restricted stock unit grant and related tax-withholding share disposals. The filing details one award of 222,373 Class A shares and three separate share withholdings used to satisfy tax obligations on earlier restricted stock unit vestings.
What are the vesting terms of the new restricted stock units at Shift4 (FOUR)?
The 222,373 restricted stock units vest in three equal annual installments starting February 27, 2027. This means the award will deliver shares over three years, aligning the CEO’s compensation with longer-term company performance and retention objectives.