Global Payments (GPN) legal chief surrenders shares to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLOBAL PAYMENTS INC Chief Legal Officer Dara L. Steele-Belkin reported a tax-related share disposition. She surrendered 2,254 shares of common stock at $75.46 per share to the company to cover taxes on the vesting of equity awards. After this non-market, tax-withholding transaction, she directly holds 46,527 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Steele-Belkin Dara L.
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,254 | $75.46 | $170K |
Holdings After Transaction:
Common Stock — 46,527 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares used for tax withholding: 2,254 shares
Tax-withholding share value: $75.46 per share
Shares held after transaction: 46,527 shares
3 metrics
Shares used for tax withholding
2,254 shares
Common Stock delivered to company to cover taxes on vesting
Tax-withholding share value
$75.46 per share
Value applied to 2,254 surrendered shares
Shares held after transaction
46,527 shares
Direct ownership of Dara L. Steele-Belkin following June 1, 2026 transaction
Key Terms
tax-withholding disposition, vesting of awards, Common Stock
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting of awards financial
"cover taxes on the vesting of awards"
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) disclose in this Form 4 for Dara L. Steele-Belkin?
Global Payments reported that Chief Legal Officer Dara L. Steele-Belkin surrendered 2,254 shares of common stock to the company. The shares were used to cover taxes due upon the vesting of equity awards and were not an open-market sale.