Global Payments (GPN) director gets 3,179-share grant held for Silver Lake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Osnoss Joseph reported acquisition or exercise transactions in this Form 4 filing.
GLOBAL PAYMENTS INC director Joseph Osnoss reported a stock compensation grant. He received 3,179 fully vested shares of common stock as compensation for serving as a non-employee director, at a stated price of $0.00 per share. These shares are held for the benefit of Silver Lake entities, with sale proceeds expected to be remitted to Silver Lake and/or its limited partners. Following the transactions, Osnoss is shown with 10,902 shares held indirectly for Silver Lake and 73 shares held directly in his own name.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Osnoss Joseph
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,179 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,902 shares (Indirect, See footnote);
Common Stock — 73 shares (Direct, null)
Footnotes (1)
- Represents fully-vested shares of common stock, which were granted to Mr. Osnoss as compensation for service as a non-employee director. These securities are held by Mr. Osnoss for the benefit of Silver Lake Technology Management, L.L.C., certain of its affiliates or certain of the funds they manage ("Silver Lake"). Mr. Osnoss serves as a director of the Issuer. Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from such sale are expected to be remitted to Silver Lake and/or its limited partners. Mr. Osnoss, through his role at Silver Lake, may be deemed to have an indirect interest in the securities reported herein. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Osnoss is the beneficial owner of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and Mr. Osnoss disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any. Represents shares of common stock held directly by Joseph Osnoss.
Key Figures
Director stock grant: 3,179 shares
Grant price: $0.00 per share
Indirect holdings after grant: 10,902 shares
+1 more
4 metrics
Director stock grant
3,179 shares
Fully vested common stock granted as non-employee director compensation
Grant price
$0.00 per share
Stated transaction price for stock compensation grant
Indirect holdings after grant
10,902 shares
Common stock held indirectly for benefit of Silver Lake entities
Direct holdings after filing
73 shares
Common stock held directly by Joseph Osnoss
Key Terms
fully-vested shares, non-employee director, beneficial ownership, pecuniary interest, +1 more
5 terms
non-employee director financial
"granted to Mr. Osnoss as compensation for service as a non-employee director"
beneficial ownership financial
"this filing shall not be deemed an admission that Mr. Osnoss is the beneficial owner"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein"
Rule 16a-1(a)(4) regulatory
"Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934"
