[Form 3] GLOBAL PAYMENTS INC Initial Statement of Beneficial Ownership
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.
- Reporting person is identified as a company director
- Form 3 filed properly with attorney-in-fact signature
- No securities beneficially owned by the director as reported
Insights
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.
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.