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GLOBAL PAYMENTS (GPN) CFO reports stock award vesting and tax share disposition

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

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Negative

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Whipple Joshua J

(Last) (First) (Middle)
3550 LENOX ROAD NE

(Street)
ATLANTA GA 30326

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GLOBAL PAYMENTS INC [ GPN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/21/2026 A(1) 24,014 A $82.47 84,972 D
Common Stock 02/21/2026 F(2) 12,248 D $82.47 72,724 D
Common Stock 160 I By Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. Represents the disposition of shares to the company to cover taxes on the vesting of awards.
/s/ Dara Steele-Belkin, attorney-in-fact for Joshua J. Whipple 02/23/2026
** 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 4 (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 insider transactions did GPN CFO Joshua Whipple report on this Form 4?

Joshua Whipple reported the vesting of performance-based restricted stock units into 24,014 shares and a related tax-withholding disposition of 12,248 shares, both at $82.47 per share. These transactions reflect equity compensation activity rather than open-market buying or selling.

Were the GLOBAL PAYMENTS (GPN) insider transactions open-market purchases or sales?

The transactions were not open-market trades. Shares were acquired through vesting of performance-based restricted stock units, and shares were disposed of back to the company solely to cover taxes owed on the vesting of those awards, according to the filing footnotes.

How many GLOBAL PAYMENTS (GPN) shares does the CFO hold after these transactions?

After the reported transactions, Joshua Whipple directly holds 72,724 shares of GLOBAL PAYMENTS common stock. The filing also shows 160 additional shares held indirectly by his spouse, reflecting a small separate ownership position associated with the reporting person.

What performance conditions were tied to the vested GLOBAL PAYMENTS (GPN) stock units?

The vested shares came from performance-based restricted stock units originally granted on February 21, 2023. They were earned based on the company’s achievement of an adjusted earnings per share growth target measured over a three-year performance period, as described in the filing footnotes.

Why did the GLOBAL PAYMENTS (GPN) CFO dispose of 12,248 shares in this Form 4?

The 12,248 shares were surrendered to the company to cover taxes due upon vesting of equity awards. This tax-withholding disposition, reported with code “F,” is a common method for paying tax liabilities on stock-based compensation grants.

What was the reported price per share for the GPN equity award transactions?

Both the share acquisition from vesting and the tax-withholding disposition were reported at $82.47 per share. This figure is used in the Form 4 to value the equity compensation and the related shares delivered to satisfy the tax obligation on the vesting event.
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21.80B
234.41M
Specialty Business Services
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United States
ATLANTA