Global Payments (NYSE: GPN) EVP gets stock award, withholds shares for taxes

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.

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^*

SHEFFIELD DAVID 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)
	EVP, Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026

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	02/21/2026		A(1)		1,914	A	$82.47	16,352	D
Common Stock	02/21/2026		F(2)		1,125	D	$82.47	15,227	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:

1. 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.

2. Represents the disposition of shares to the company to cover taxes on the vesting of awards.

	/s/ Dara Steele-Belkin, attorney-in-fact for David Sheffield	02/23/2026
	** 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.

FAQ

What insider transactions did GLOBAL PAYMENTS INC (GPN) report for David M. Sheffield?

David M. Sheffield reported a stock award vesting and related tax withholding. He acquired 1,914 common shares from performance-based restricted stock units and disposed of 1,125 shares back to the company to cover taxes on February 21, 2026.

How many GLOBAL PAYMENTS INC (GPN) shares did David M. Sheffield acquire in this Form 4?

He acquired 1,914 shares of common stock. These fully vested shares came from performance-based restricted stock units granted on February 21, 2023, earned based on adjusted earnings per share growth over a three-year period.

Why were some GLOBAL PAYMENTS INC (GPN) shares disposed of in David M. Sheffield’s Form 4?

1,125 shares were disposed of to the company solely to cover taxes on the vesting of stock awards. This tax-withholding disposition did not represent an open-market sale but satisfied withholding obligations tied to the vested performance-based units.

What price per share was used for David M. Sheffield’s GLOBAL PAYMENTS INC (GPN) Form 4 transactions?

Both the stock award acquisition and the tax-withholding disposition used a price of $82.47 per share. This price applied to the 1,914 shares acquired and the 1,125 shares surrendered back to the company for tax purposes.

How many GLOBAL PAYMENTS INC (GPN) shares does David M. Sheffield hold after these Form 4 transactions?

Following the award vesting and tax-withholding disposition, David M. Sheffield directly holds 15,227 shares of GLOBAL PAYMENTS INC common stock. This updated ownership reflects both the 1,914 shares acquired and the 1,125 shares surrendered for taxes.

What performance conditions were tied to David M. Sheffield’s GLOBAL PAYMENTS INC (GPN) stock award?

The vested shares came from performance-based restricted stock units granted on February 21, 2023. They were earned based on GLOBAL PAYMENTS INC’s achievement of an adjusted earnings per share growth target measured over a three-year performance period.