GPN CFO reports equity award vesting and tax shares
GLOBAL PAYMENTS INC Chief Financial Officer Joshua J. Whipple reported equity award activity in company stock.
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Rhea-AI Filing Summary
GLOBAL PAYMENTS INC Chief Financial Officer Joshua J. Whipple reported equity award activity in company stock. He acquired 24,014 shares of common stock at $82.47 per share through the vesting of performance-based restricted stock units earned on an adjusted earnings per share growth target over a three-year performance period. He then disposed of 12,248 shares at $82.47 per share to cover taxes due on the vesting, leaving 72,724 shares held directly and 160 shares held indirectly by his spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,014 | $82.47 | $1.98M |
| Exercise Price or Tax Liability | Common Stock | 12,248 | $82.47 | $1.01M |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents shares of fully-vested stock issued as a result of the vesting of performance-based restricted stock units which were originally granted on February 21, 2023 and were earned based on the company's achievement of an adjusted earnings per share growth target over a three-year performance period.
- F2. Represents the disposition of shares to the company to cover taxes on the vesting of awards.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GPN CFO Joshua Whipple report on this Form 4?
Were the GLOBAL PAYMENTS (GPN) insider transactions open-market purchases or sales?
What performance conditions were tied to the vested GLOBAL PAYMENTS (GPN) stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.