Global Payments EVP receives stock award, withholds shares
GLOBAL PAYMENTS INC executive David M. Sheffield reported stock compensation activity involving the company’s common stock.
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Rhea-AI Filing Summary
GLOBAL PAYMENTS INC executive David M. Sheffield reported stock compensation activity involving the company’s common stock. On February 21, 2026, he acquired 1,914 fully vested shares at $82.47 per share through the vesting of performance-based restricted stock units originally granted on February 21, 2023, earned based on an adjusted earnings per share growth target over a three-year performance period.
On the same date, 1,125 shares at $82.47 per share were surrendered to the company to cover taxes due on the vesting of these awards, a tax-withholding disposition. After these transactions, his directly held common stock position was 15,227 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,914 | $82.47 | $158K |
| Exercise Price or Tax Liability | Common Stock | 1,125 | $82.47 | $93K |
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 21, 2023 and were earned based on the company's achievement of an adjusted earnings per share growth target over a three-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 GLOBAL PAYMENTS INC (GPN) report for David M. Sheffield?
What performance conditions were tied to David M. Sheffield’s GLOBAL PAYMENTS INC (GPN) stock award?
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