Joshua Whipple Disposes 1,501 GPN Shares for Tax Withholding; Retains 60,958

Rhea-AI Filing Summary

Joshua J. Whipple, Chief Financial Officer of Global Payments (GPN) reported a disposition of common stock that the filing states "represents the disposition of shares to the company to cover taxes on the vesting of awards." The transaction on 08/04/2025 shows 1,501 shares disposed at a reported price of $78.89.

After the reported transaction the filing lists 60,958 shares held directly by Mr. Whipple and 160 shares held indirectly through his spouse. The Form indicates it was filed by one reporting person and identifies Mr. Whipple as the issuer's Chief Financial Officer.

Positive

• Disposition was to the issuer to cover taxes, not an open-market sale, per the filing explanation
• Reporting person retains substantial direct ownership of 60,958 shares after the transaction

Negative

• None.

Insights

Financial Analyst

TL;DR: A tax-withholding disposition of 1,501 shares; direct ownership remains material at 60,958 shares, so market-impact is likely minimal.

The Form 4 documents a non-derivative disposition explicitly described as shares surrendered to the company to cover taxes on vested awards. The reported price of $78.89 provides a reference for the withholding value on 1,501 shares. Because the reporting person still holds 60,958 shares directly, this transaction appears to be an administrative tax settlement rather than a directional bet or material shift in ownership. Impact on outstanding float and governance appears immaterial based solely on the disclosed figures.

Corporate Governance Expert

TL;DR: Insider tax-withholding disposition; disclosure is routine and shows continued meaningful insider ownership.

The filing identifies the reporting person as an executive officer (Chief Financial Officer) and discloses the nature of the transaction as tax-related surrender of vested shares. Such transactions are common following vesting events and are typically intended to satisfy tax obligations. The retention of 60,958 direct shares plus 160 indirectly held via spouse signals continued alignment with shareholder interests. There is no indication in the filing of unusual timing, a trading plan amendment, or a sale into the open market.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Whipple Joshua J

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,501	$78.89	$118K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 60,958 shares (Direct); Common Stock — 160 shares (Indirect, By Spouse)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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)
08/04/2025

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	08/04/2025		F(1)		1,501	D	$78.89	60,958	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 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	08/06/2025
	** 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 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

Who reported the Form 4 for GPN?

The Form 4 was reported by Joshua J. Whipple, identified as the company's Chief Financial Officer.

What transaction did the GPN Form 4 disclose?

The filing discloses a disposition of 1,501 common shares described as surrendered to the company to cover taxes on the vesting of awards.

What price and date are shown for the transaction in the GPN Form 4?

The transaction is shown on 08/04/2025 at a reported price of $78.89 per share.

How many shares does Joshua Whipple beneficially own after the transaction?

After the reported transaction the filing lists 60,958 shares held directly and 160 shares held indirectly by his spouse.

Was the Form 4 filed jointly or by one reporting person?

The filing indicates it was filed by one reporting person.

Why were the shares disposed according to the filing?

The filing explains the disposition represents shares surrendered to the company to cover taxes on the vesting of awards.