Global Payments (NYSE: GPN) CEO gets stock awards, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Global Payments Inc. Chief Executive Officer Cameron M. Bready reported equity award activity in company common stock. On February 21, 2026, he acquired 35,942 shares at $82.47 per share upon vesting of performance-based restricted stock units granted in February 2023.
On the same date, he acquired an additional 36,534 shares at $82.47 per share from a pro-rated supplemental performance-based grant originally made upon his appointment as CEO in June 2023. A separate transaction disposed of 34,549 shares back to the company at $82.47 per share to cover tax obligations on the vesting awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bready Cameron M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35,942 | $82.47 | $2.96M |
| Grant/Award | Common Stock | 36,534 | $82.47 | $3.01M |
| Tax Withholding | Common Stock | 34,549 | $82.47 | $2.85M |
Holdings After Transaction:
Common Stock — 323,129 shares (Direct)
Footnotes (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. Represents shares of fully-vested stock issued as a result of the vesting of performance-based restricted stock units which were originally granted on June 1, 2023 as a pro-rated supplemental grant upon appointment to CEO and were earned based on the company's achievement of an adjusted earnings per share growth target over a three-year performance period. Represents the disposition of shares to the company to cover taxes on the vesting of awards.
FAQ
What did Global Payments (GPN) CEO Cameron Bready report in this Form 4?
Cameron Bready reported vesting of performance-based stock awards and related tax share withholding. He acquired fully-vested common shares from two restricted stock unit grants and simultaneously disposed of shares back to the company to satisfy tax obligations tied to these vestings.
What performance conditions triggered the CEO’s Global Payments (GPN) stock vesting?
The vested shares came from performance-based restricted stock units earned on adjusted earnings per share growth. The awards, granted in February 2023 and June 2023, vested based on the company’s achievement of an EPS growth target measured over a defined three-year performance period.
How is the June 2023 Global Payments (GPN) grant to the CEO described?
The June 2023 grant is described as a pro-rated supplemental award made upon Cameron Bready’s appointment as CEO. It consists of performance-based restricted stock units that vested into fully-vested shares once the company met its three-year adjusted earnings per share growth target.