Welcome to our dedicated page for Shift4 Payments SEC filings (Ticker: FOUR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Shift4 Payments, Inc. (NYSE: FOUR) SEC filings page provides access to the company’s official regulatory disclosures, including current reports on Form 8-K, annual and quarterly reports, and other documents filed with the U.S. Securities and Exchange Commission. These filings explain how Shift4 manages its integrated payments and commerce technology business, finances its operations, and governs its corporate structure.
Shift4 frequently uses Form 8-K to report material events. Recent 8-K filings describe amendments to the Second Amended and Restated First Lien Credit Agreement, including increases to the senior secured revolving credit facility, establishment and repricing of term loan facilities, and changes to settlement lines of credit. Other 8-Ks detail the issuance and sale of 5.500% senior notes due 2033 by subsidiaries Shift4 Payments, LLC and Shift4 Payments Finance Sub, Inc., including maturity, interest rate, covenant packages, redemption features, and use of proceeds for general corporate purposes, debt repayment, acquisitions, growth initiatives, and potential share repurchases.
Filings also cover equity and governance matters. Shift4 has registered its Class A common stock and 6.00% Series A Mandatory Convertible Preferred Stock on the New York Stock Exchange, as disclosed under Section 12(b) of the Exchange Act. Additional 8-Ks outline the terms of the Series A Mandatory Convertible Preferred Stock, dividend declarations, and the company’s Up-C structure involving multiple classes of common stock and a tax receivable agreement. Governance-related filings describe board and executive transitions, employment agreements for key officers, and an agreement associated with a major shareholder’s service as Administrator of NASA, including voting limitations and steps to collapse the Up-C structure so the company will no longer qualify as a controlled company under NYSE standards.
Investors can also find transaction-related disclosures, such as the acquisition of Global Blue Group Holding AG via tender offer and subsequent squeeze-out merger, and details on contemplated acquisitions like Bambora North America. These filings describe consideration paid, ownership outcomes, and related listing and deregistration steps for acquired entities.
On Stock Titan, Shift4’s filings are presented with real-time updates from EDGAR and AI-powered summaries that highlight key terms, covenants, and structural changes in documents such as 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and, when applicable, Form 4 insider transaction filings. This helps users quickly understand complex credit agreements, note indentures, equity structures, and governance changes that affect FOUR stock without reading every page of the underlying documents.
Shift4 Payments, Inc. files its Annual Report describing a global payments and commerce technology business built around an integrated payments platform, software solutions and broad sales channels. The company now also leads in tax-free shopping through its 2025 acquisition of Global Blue Group Holding AG.
Shift4 processes billions of transactions annually for merchants ranging from small businesses to large enterprises, with most revenue coming from recurring processing and software fees. As of December 31, 2025, it employed about 6,300 people across 59 countries and highlighted significant regulatory, competitive, integration and macroeconomic risks.
The filing also outlines a leadership transition in which Taylor Lauber became Chief Executive Officer in June 2025 and Chairman in December 2025, while former CFO Nancy Disman rejoined the board and Christopher Cruz was appointed Chief Financial Officer.
Shift4 Payments reported record Q4 2025 results and issued strong 2026 guidance. In Q4, payment volume reached $59 billion, up 23% year over year, while gross revenue rose to $1,189 million and gross profit to $429 million, a 58% increase.
Gross revenue less network fees grew 51% to $610 million, and Adjusted EBITDA climbed 48% to $304 million, producing a 50% Adjusted EBITDA margin. Net income was $53 million, or $0.36 diluted EPS, and non-GAAP EPS was $1.60 per share.
Net cash provided by operating activities was $224 million, with Adjusted Free Cash Flow of $171 million, up 28%. For 2026, the company guides to gross revenue less network fees of $2.50–$2.60 billion (up 26–31%), Adjusted EBITDA of $1.165–$1.215 billion (up 20–25%), and non-GAAP EPS of $5.50–$5.70, reflecting continued growth following the Global Blue acquisition.
Shift4 Payments, Inc. reported an updated ownership filing showing founder Jared Isaacman and his wholly owned entity Rook Holdings Inc. as major holders of the company’s Class A common stock. Isaacman is reported as beneficially owning 22,363,291 shares, representing 25.2% of the Class A shares outstanding.
Rook Holdings is reported as beneficially owning 21,166,499 shares, or 23.8% of the Class A shares. These figures reflect an exchange of previously reported Class C common stock and Shift4 LLC units into Class A shares and a related forfeiture of Class B shares, consolidating Isaacman’s economic interest into the publicly traded Class A class.
Durable Capital Partners reported a significant ownership stake in Shift4 Payments, Inc. through an amended Schedule 13G. The investment adviser is deemed to beneficially own 6,606,969 shares of Class A common stock, representing 9.8% of the class, based on 67,564,638 shares outstanding as of October 31, 2025.
The filing notes that the shares are held in an investment fund advised by Durable Capital and that Durable Capital has sole voting and dispositive power over these shares. The stake is described as being held in the ordinary course of business, without an intent to change or influence control of Shift4 Payments.
Shift4 Payments, Inc. received an updated ownership report showing that Darlington Partners Capital Management, its affiliates and two managers collectively report beneficial ownership of 5,571,725 shares of Class A common stock, or 8.2% of the class, based on 67,564,638 shares outstanding as of October 31, 2025.
The shares are held through private investment funds advised by Darlington, and its clients, including Darlington Partners, have the right to receive dividends and sale proceeds. The filers state the position is held in the ordinary course of business and certify it was not acquired to change or influence control of Shift4. No other individual client, apart from Darlington itself, holds more than five percent of the outstanding stock.
Shift4 Payments, Inc. entered into a Transaction Agreement with founder Jared Isaacman, Rook Holdings, and Shift4 LLC to collapse its Up-C structure and simplify its equity. Isaacman exchanged all LLC interests and Class C and Class B-related holdings into Class A shares, eliminating his majority voting control.
As part of a broader simplification review overseen by an independent special committee, Rook assigned and waived rights under the tax receivable agreement, relieving Shift4 of an estimated $440 million of future TRA payments and waiving certain stockholder agreement rights. In return for these company benefits, Isaacman (via Rook) received $191.8 million in value, including approximately $138.8 million in cash and 423,296 shares of mandatory convertible preferred stock, plus recognition of his prior commitment to fund half of a discretionary equity program. Isaacman also agreed to a five-year non-compete and potential good-faith discussions to return to the company after his NASA service.
Shift4 Payments, Inc. insider Jared Isaacman filed a Form 4 detailing a major recapitalization of his holdings into a single share class. On February 7, 2026, a Transaction Agreement among Shift4 Payments, LLC, Isaacman and his wholly owned Rook Holdings Inc. reorganized equity interests.
Rook redeemed and exchanged all of its 19,801,028 LLC Interests for an equal number of Shift4 Class A common shares, and the corresponding Class B common shares were canceled. Separately, Isaacman exchanged all of his Class C common shares for an equal number of Class A shares. Following these steps, the only class of Shift4 stock owned by or through entities controlled by Isaacman is Class A common stock, with substantial amounts held of record by Rook.
In connection with these transactions, Isaacman was also issued 423,296 shares of Series A Mandatory Convertible Preferred Stock in a private placement. The Series A is convertible into Class A common stock on a one-for-0.9780 basis at the holder’s option and will mandatorily convert on May 1, 2028. Certain Class A shares are held in UTMA accounts for Liv A. Isaacman, for which Isaacman disclaims beneficial ownership.
Wasatch Advisors LP, an investment adviser organized in Delaware, reports a significant passive stake in Shift4 Payments Inc. Class A common stock. As of 12/31/2025, it beneficially owns 6,778,925 Class A shares, representing 10.0% of the class. Wasatch has sole voting power over 4,644,134 shares and sole dispositive power over the full 6,778,925 shares, with no shared voting or dispositive authority.
The firm certifies that the securities were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Shift4 Payments, consistent with a passive institutional ownership stance.
Shift4 Payments, Inc. has amended its first lien credit agreement to reprice its senior secured term loan facility. On January 5, 2026, subsidiary Shift4 Payments, LLC and its guarantor subsidiaries entered into Amendment No. 3, creating new refinancing term loans that replace all prior term loans under the existing agreement.
The new term loans carry lower interest margins. For SOFR-based loans, the margin was reduced from between 2.50%–2.75% per year to 2.00%. For alternate base rate loans, the margin was reduced from between 1.50%–1.75% to 1.00%. As of January 5, 2026, Shift4, LLC had $997,500,000 of these refinancing term loans outstanding and $0 drawn under the revolving loan facility.
Shift4 Payments announced that founder Jared Isaacman has been sworn in as the 15th Administrator of NASA following his U.S. Senate confirmation vote on December 17, 2025. Upon confirmation, he resigned as Executive Chairman, as a Class I director, and as a member of the Board’s Nominating and Corporate Governance Committee. The Board appointed Taylor Lauber as Chairman, effective as of the confirmation.
In line with an agreement with the U.S. Office of Government Ethics, Isaacman agreed to vote approximately 25% of all outstanding voting power of the Company’s Class A, Class B and Class C common stock held by him and his affiliates pursuant to a new letter agreement. Within 60 days of starting his NASA role, he has represented that he intends to convert his Shift4 Payments, LLC equity units and his Class B and Class C shares into Class A shares and terminate the existing tax receivable agreement to collapse the current Up‑C structure, with terms to be negotiated consistent with similar transactions. As a result, Shift4 will no longer qualify as a “controlled company” under New York Stock Exchange corporate governance standards.