Global Payments CLO reports stock grants, tax disposals
GLOBAL PAYMENTS INC Chief Legal Officer Dara L. Steele-Belkin reported equity compensation grants and related tax-withholding share dispositions.
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Rhea-AI Filing Summary
GLOBAL PAYMENTS INC Chief Legal Officer Dara L. Steele-Belkin reported equity compensation grants and related tax-withholding share dispositions. On February 27, she acquired 19,619 and 1,063 restricted common shares as compensation awards. Footnotes state these restricted shares vest over one and three years, respectively.
On February 28 and March 1, she disposed of 2,093 and 204 common shares through tax-withholding dispositions to the company to cover taxes on vesting awards, rather than open-market sales. Following these transactions, she directly owned 48,781 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 204 | $76.46 | $16K |
| Exercise Price or Tax Liability | Common Stock | 2,093 | $76.46 | $160K |
| Grant/Award | Common Stock | 19,619 | $76.46 | $1.50M |
| Grant/Award | Common Stock | 1,063 | $76.46 | $81K |
Footnotes (3)
- F1. Represents restricted shares of common stock, which were granted to the reporting person as compensation. The restricted shares will vest in equal installments on each of the first three anniversaries of the grant date.
- F2. Represents restricted shares of common stock, which were granted to the reporting person as compensation. The restricted shares will vest in their entirety on the first anniversary of the grant date.
- F3. Represents the disposition of shares to the company to cover taxes on the vesting of awards.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GLOBAL PAYMENTS (GPN) report for Dara L. Steele-Belkin?
What are the vesting terms of Dara L. Steele-Belkin’s GLOBAL PAYMENTS (GPN) restricted stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.