Bready Cameron M 4

What Happened
Cameron Bready, CEO of Global Payments (GPN), was issued two grants of fully vested stock on Feb 21, 2026: 35,942 shares and 36,534 shares, each reported at $82.47 per share (total value ≈ $2.96M and $3.01M, combined ≈ $5.98M). To cover tax withholding on the vesting, 34,549 shares were surrendered to the company at the same per-share value (≈ $2.85M). Net shares received from the vesting transaction equal 37,927 shares (72,476 granted less 34,549 withheld). This was an award/vesting event, not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-21; Filing date: 2026-02-23 (filed within the required two business days).
• Awarded: 35,942 shares @ $82.47 = $2,964,137 (footnote F1); 36,534 shares @ $82.47 = $3,012,959 (footnote F2).
• Withheld/surrendered for taxes: 34,549 shares @ $82.47 = $2,849,256 (footnote F3).
• Net shares issued to insider: 37,927 shares.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 and F2 — shares vested from performance-based restricted stock units granted Feb 21, 2023 and June 1, 2023, earned by meeting adjusted EPS growth targets over a three-year period; F3 — shares surrendered to the company to cover tax withholding.
• Timeliness: Filing appears timely (not marked late).

Context
These transactions are the mechanical issuance of earned performance-based RSUs and a routine, common practice of surrendering shares to satisfy tax withholding. This is not an open-market sale or purchase, so it should be interpreted as vesting compensation rather than a directional trade by the CEO.