Global Payments COO reports 826-share tax-related disposition on Form 4

Rhea-AI Filing Summary

Robert M. Cortopassi, President and COO of Global Payments (GPN), reported a routine insider disposition on Form 4. The filing shows a transaction dated 08/08/2025 in which 826 shares of common stock were disposed to the company to cover taxes on the vesting of awards at a reported price of $81 per share. After the transaction his beneficial ownership is listed as 53,121 shares, held directly. The Form 4 contains no derivative transactions and was signed on behalf of Cortopassi by an attorney-in-fact, Dara Steele-Belkin.

Insights

Securities Analyst

TL;DR: A routine tax-withholding disposition of 826 shares; immaterial to control or valuation.

The Form 4 documents a single non-derivative disposition on 08/08/2025 of 826 common shares to the issuer to satisfy tax withholding on vested awards at a reported price of $81 per share. The report shows 53,121 shares beneficially owned following the transaction. There are no derivative positions disclosed. From a market-impact perspective this is a customary administrative action tied to compensation and does not by itself change ownership control or signal strategic intent.

Corporate Governance Expert

TL;DR: Transaction consistent with compensation vesting and standard insider reporting; demonstrates compliance.

The disclosure states the shares were disposed to cover taxes on vesting, which is explicitly noted in the form explanation. The filing was executed by an attorney-in-fact and provides the post-transaction direct ownership figure of 53,121 shares. This type of transaction is routine for executives receiving equity compensation and indicates the reporting person complied with Section 16 reporting obligations. No additional governance concerns or related-party transactions are disclosed in this filing.

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

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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^*

Cortopassi Robert M

(Last) (First) (Middle)

3550 LENOX ROAD

(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)
	President and COO

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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	08/08/2025		F(1)		826	D	$81	53,121	D

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 Robert M. Cortopassi	08/11/2025
	** 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

What transaction did Global Payments insider Robert M. Cortopassi report on Form 4 (GPN)?

The Form 4 reports a disposition of 826 common shares on 08/08/2025 to the company to cover taxes on vested awards.

How many shares does Robert M. Cortopassi own after the reported transaction (GPN)?

Following the reported transaction the filing lists 53,121 shares beneficially owned, held directly.

At what price were the shares disposed per the Form 4 for GPN?

The Form 4 shows a reported price of $81 per share for the disposition.

Were any derivative securities reported in the Form 4 for GPN?

No derivative securities are reported in Table II; the filing contains only the non-derivative disposition described.

Who signed the Form 4 on behalf of Robert M. Cortopassi (GPN)?

The Form 4 was signed by Dara Steele-Belkin as attorney-in-fact for Robert M. Cortopassi on 08/11/2025.