GPN officer logs stock award vesting and tax shares
GLOBAL PAYMENTS INC executive David M. Sheffield reported equity award activity involving company common stock.
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Rhea-AI Filing Summary
GLOBAL PAYMENTS INC executive David M. Sheffield reported equity award activity involving company common stock. He acquired 1,188 shares at $76.46 per share through the vesting of performance-based restricted stock units that were earned based on an adjusted earnings per share growth target over a one-year period. To cover related tax obligations on the vesting, 755 shares were disposed back to the company at the same price as a tax-withholding transaction, rather than an open-market sale. After these transactions, Sheffield directly owned 15,660 shares of GLOBAL PAYMENTS INC common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,188 | $76.46 | $91K |
| Exercise Price or Tax Liability | Common Stock | 755 | $76.46 | $58K |
Footnotes (2)
- F1. Represents shares of fully-vested stock issued as a result of the vesting of performance-based restricted stock units which were originally granted on February 28, 2025 and were earned based on the company's achievement of an adjusted earnings per share growth target over a one-year performance period.
- F2. Represents the disposition of shares to the company to cover taxes on the vesting of awards.
FAQ
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What insider transactions did GPN executive David M. Sheffield report?
What triggered the GPN performance-based stock vesting for David M. Sheffield?
What role does David M. Sheffield hold at GLOBAL PAYMENTS INC (GPN)?
AI-generated analysis. How Rhea-AI works. Not financial advice.