Global Payments (NYSE: GPN) director awarded 3,179 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sankaran Vivek reported acquisition or exercise transactions in this Form 4 filing.
Global Payments Inc. director Sankaran Vivek received a grant of 3,179 shares of common stock as compensation for serving as a non-employee director. The shares are fully vested and were awarded at no cash cost per share. Following this stock award, Vivek directly holds a total of 3,418 shares of Global Payments common stock. This is a compensation-related equity grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sankaran Vivek
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,179 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,418 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 3,179 shares
Grant price per share: $0.00 per share
Shares held after grant: 3,418 shares
3 metrics
Shares granted
3,179 shares
Fully-vested common stock award to non-employee director
Grant price per share
$0.00 per share
Equity compensation, no cash paid by director
Shares held after grant
3,418 shares
Director’s direct holdings following the reported award
Key Terms
fully-vested, non-employee director, Grant, award, or other acquisition, Common Stock
4 terms
fully-vested financial
"Represents fully-vested shares of common stock, which were granted"
non-employee director financial
"as compensation for service as a non-employee director"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Global Payments (GPN) director Sankaran Vivek report on this Form 4?
Director Sankaran Vivek reported receiving 3,179 fully-vested Global Payments common shares. The stock was granted as compensation for service as a non-employee director, increasing his direct holdings to 3,418 shares after the award.
Was the Global Payments (GPN) Form 4 transaction a stock purchase or sale?
The Form 4 shows a grant of shares, not a market trade. Vivek received 3,179 fully-vested common shares as director compensation, reported under code "A" for grant or award, with no cash purchase or sale involved.
What does transaction code "A" mean in the Global Payments (GPN) Form 4?
Transaction code "A" on this Form 4 indicates a grant, award, or other acquisition of securities. Here it reflects 3,179 fully-vested Global Payments common shares awarded to Vivek as compensation for his role as a non-employee director.
Is the Global Payments (GPN) director stock grant part of a trading plan?
The filing describes the 3,179-share award as fully-vested stock granted as compensation for non-employee director service. It is characterized as routine director compensation rather than an open-market trade or discretionary transaction under a trading plan.