Global Payments (GPN) Form 3 — Director Reports Zero Beneficial Ownership

Rhea-AI Filing Summary

Patricia A. Watson, identified as a director of Global Payments Inc. (GPN), filed an initial Form 3 reporting that she does not beneficially own any securities of the issuer as of the event date 09/24/2025. The filing was submitted on behalf of Ms. Watson by an attorney-in-fact, Dara Steele-Belkin, and the form indicates it was filed by one reporting person. No non-derivative or derivative securities are listed on the form.

Positive

• Reporting person is identified as a company director
• Form 3 filed properly with attorney-in-fact signature

Negative

• No securities beneficially owned by the director as reported

Insights

Corporate Governance Expert

TL;DR: Routine initial ownership filing showing a newly reported director with no disclosed holdings, a neutral governance signal.

The Form 3 records that Patricia A. Watson is a director of Global Payments Inc. and reports no beneficial ownership of the company’s securities as of 09/24/2025. From a governance perspective, directors typically hold equity to align interests with shareholders; an initial absence of holdings is material to governance assessment but not evidence of wrongdoing. The filing appears complete for the specific disclosure: no classes of securities or derivative positions are reported. This is a routine Section 16 filing and should be reviewed alongside any subsequent Forms 4 or 5 that may disclose future transactions or grants.

Securities Compliance Analyst

TL;DR: Compliance filing is straightforward and indicates no reportable holdings; file should be monitored for later transaction reports.

The Form 3 was executed by an attorney-in-fact and indicates the reporting person filed individually. It explicitly states "No securities are beneficially owned." For compliance, this means there are currently no Section 16 reportable positions to track for this reporting person. Future equity awards, purchases, or dispositions would trigger Forms 4 or 5. The signature block and procedural elements shown meet the basic form requirements present in this document.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Watson Patricia A

(Last) (First) (Middle)

3550 LENOX ROAD NE

(Street)

ATLANTA GA 30326

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/24/2025

3. Issuer Name and Ticker or Trading Symbol
GLOBAL PAYMENTS INC [ GPN ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

No securities are beneficially owned.

	/s/ Dara Steele-Belkin, attorney-in-fact for Patricia A. Watson	09/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Patricia A. Watson report on her Form 3 for GPN?

The Form 3 states that Patricia A. Watson, a director of Global Payments Inc. (GPN), does not beneficially own any securities of the issuer as of 09/24/2025.

When was the event date and who signed the Form 3 for GPN?

The event date is 09/24/2025 and the filing was signed on behalf of Patricia A. Watson by attorney-in-fact Dara Steele-Belkin on 09/30/2025.

Does this Form 3 list any derivative or non-derivative securities for GPN?

No. The Form 3 explicitly states "No securities are beneficially owned." and lists no non-derivative or derivative holdings.

Is this filing a joint filing or by a single reporting person?

The form indicates it is filed by one reporting person (an individual filing).

What should investors watch for after this Form 3 filing for GPN?

This Form 3 shows no current holdings; investors may monitor subsequent Form 4 or Form 5 filings for any future equity grants, purchases, or dispositions by the reporting person.