Global Payments insider files Form 4 after 4,000-share sale

Rhea-AI Filing Summary

Insider sale reported: Robert M. Cortopassi, President and COO of Global Payments Inc. (GPN), sold 4,000 shares of common stock on 08/21/2025 at a reported price of $85.52 per share. After the sale he beneficially owned 49,121 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/22/2025.

Insights

Financial Analyst

TL;DR: Officer sale of 4,000 GPN shares at $85.52; holdings remain material but transaction appears routine.

The filing documents a single open-market sale by the company's President and COO of 4,000 common shares at $85.52 on 08/21/2025, leaving 49,121 shares beneficially owned. This is a straightforward Section 16 disclosure showing insider liquidity rather than a multi-part transaction or derivative activity. There is no accompanying information about a 10b5-1 plan or other arrangements in the filing text.

Corporate Governance Expert

TL;DR: Routine Form 4 insider disposition disclosed; no governance issues or related-party transactions shown.

The report identifies Robert M. Cortopassi as an officer and President/COO and records a direct sale of 4,000 shares. The form is signed by an attorney-in-fact and contains no amendments or additional disclosures. From a governance perspective, this is a standard disclosure fulfilling Section 16 obligations with no red flags present in the text provided.

Insider Trade Summary

Net Seller: 4,000 shares

Net Sell 1 txn

Insider Cortopassi Robert M

Role President and COO

Sold 4,000 shs ($342K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,000	$85.52	$342K

Holdings After Transaction: Common Stock — 49,121 shares (Direct)

FAQ

What transaction did Robert M. Cortopassi report on the Form 4 for GPN?

The Form 4 reports a sale of 4,000 shares of Global Payments Inc. common stock on 08/21/2025 at a price of $85.52 per share.

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

Following the reported sale, he beneficially owned 49,121 shares, held directly.

What is Robert M. Cortopassi's role at Global Payments (GPN)?

The Form 4 identifies him as an Officer with the title President and COO.

When was the Form 4 for this GPN transaction signed?

The Form 4 was signed by an attorney-in-fact on 08/22/2025.

Does the filing show any derivative transactions or 10b5-1 plan details?

No. The provided filing text shows only a non-derivative sale and does not disclose any 10b5-1 plan or derivative activity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/22/2025 - 04:13 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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)
08/21/2025

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	08/21/2025		S		4,000	D	$85.52	49,121	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:

	/s/ Dara Steele-Belkin, attorney-in-fact for Robert M. Cortopassi	08/22/2025
	** 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.