Global Payments CEO nets 832 shares on option exercise
Cameron M. Bready, Chief Executive Officer of Global Payments Inc, exercised 9,703 non-qualified stock options at an exercise price of $74.6600 per share.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Cameron M. Bready, Chief Executive Officer of Global Payments Inc, exercised 9,703 non-qualified stock options at an exercise price of $74.6600 per share. Using a net exercise, 8,871 common shares were withheld by the company at the $88.2700 closing price to pay the exercise price, resulting in the issuance of 832 net new shares to him and leaving the reported option grant with zero remaining options.
Insider Trade Summary
9,703 shares exercised/converted
Exercise
3 txns
Insider
Bready Cameron M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Option (Right to Buy) F3 | 9,703 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,703 | $74.66 | $724K |
| Exercise Price Payment | Common Stock F1, F2 | 8,871 | $88.27 | $783K |
Holdings After Transaction:
Non-qualified Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 432,790 shares (Direct)
Footnotes (3)
- F1. Represents forfeitures in connection with a "net exercise" of outstanding stock options in connection with the expiration thereof. A total of 8,871 shares were withheld by Global Payments Inc. (the "Company") for payment of the exercise price, and the net exercise resulted in the issuance of 832 shares, in the aggregate, by the Company to the reporting person.
- F2. Closing price of the Company's common stock on the transaction date.
- F3. This grant became exercisable in 33.33% increments on the first (July 29, 2017), second (July 29, 2018), and third (July 29, 2019) anniversary of the grant date.
Key Figures
Options Exercised: 9,703 shares
Exercise Price: $74.6600 per share
Shares Withheld for Exercise Price: 8,871 shares
+3 more
6 metrics
Options Exercised
9,703 shares
Non-qualified stock options exercised on 2026-07-29
Exercise Price
$74.6600 per share
Exercise price of the non-qualified stock options
Shares Withheld for Exercise Price
8,871 shares
Shares withheld by Global Payments Inc. to pay the exercise price
Closing Share Price
$88.2700 per share
Closing price of common stock on 2026-07-29 used for withholding valuation
Net Shares Issued
832 shares
Net common shares issued to the reporting person after the net option exercise
Option Grant Expiration Date
2026-07-29
Expiration date of the exercised non-qualified stock option grant
Key Terms
Non-qualified Stock Option (Right to Buy), net exercise, exercise price, Closing price
4 terms
Non-qualified Stock Option (Right to Buy) financial
"Security title listed as "Non-qualified Stock Option (Right to Buy)""
net exercise financial
"Represents forfeitures in connection with a "net exercise" of outstanding stock options"
A net exercise is a way to convert stock options into shares without paying cash up front: instead of handing over money to buy the optioned shares, the holder receives only the number of shares equal to the option’s value after the company withholds a portion of shares to cover the exercise price and taxes. It matters to investors because it changes how many new shares are issued, affects dilution of existing shareholders, and alters company cash flow compared with a cash exercise.
exercise price financial
"shares were withheld by Global Payments Inc. for payment of the exercise price"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Closing price financial
"Closing price of the Company's common stock on the transaction date."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Global Payments (GPN) CEO Cameron Bready report?
Cameron Bready reported exercising 9,703 non-qualified stock options at an exercise price of $74.6600 per share. The exercise used a net-share method, with 8,871 common shares withheld to pay the exercise price and 832 net new shares issued to him.
How many Global Payments (GPN) stock options did Cameron Bready exercise and at what price?
He exercised 9,703 non-qualified stock options with an exercise price of $74.6600 per share. These options were fully exercised on 2026-07-29, the grant’s expiration date, and the corresponding derivative position reported in this filing now shows zero remaining options.
What does “net exercise” mean in Cameron Bready’s Global Payments (GPN) Form 4?
In this context, a net exercise means some option shares were forfeited or withheld to cover the exercise price. Specifically, 8,871 shares were withheld for payment, and the company issued 832 net shares to the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
