Global Payments (GPN) affiliate plans Rule 144 sale of 11,600 common shares
Rhea-AI Filing Summary
Global Payments Inc. insider plans to sell common stock under Rule 144. The notice covers a proposed sale of 11,600 shares of common stock through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $927,992.96 based on the figures provided. The filing notes that 236,743,716 shares of common stock were outstanding, giving context for the size of the planned sale.
The shares being sold were acquired over several years through restricted stock vesting from the issuer, with vesting dates between 2018 and 2023, and identified as compensation rather than cash purchases. The person filing also represents that they are not aware of any material adverse information about Global Payments Inc. that has not been publicly disclosed.
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FAQ
What does Global Payments (GPN) Form 144 filing disclose?
The Form 144 filing discloses that an affiliate of Global Payments Inc. plans to sell 11,600 shares of the company’s common stock on the NYSE under Rule 144.
How many Global Payments (GPN) shares are planned to be sold and at what market value?
The notice covers a proposed sale of 11,600 common shares with an indicated aggregate market value of $927,992.96, based on the data in the filing.
How were the Global Payments (GPN) shares in this Form 144 acquired?
The shares were acquired through restricted stock vesting from the issuer, with multiple vesting dates between July 2018 and February 2023, and are characterized as compensation.
What is the total number of Global Payments (GPN) shares outstanding mentioned?
The filing states that 236,743,716 shares of Global Payments Inc. common stock were outstanding, providing context for the size of the planned sale.
On which exchange and through which broker will the Global Payments (GPN) shares be sold?
The filing lists Fidelity Brokerage Services LLC as the broker and indicates that the common shares are to be sold on the NYSE.
What representation does the selling person make in the Global Payments (GPN) Form 144?
The person for whose account the securities are to be sold represents that they do not know of any material adverse information about Global Payments Inc.’s current or prospective operations that has not been publicly disclosed.