Whipple Joshua J 4

What Happened

• Joshua J. Whipple, Chief Financial Officer of Global Payments (GPN), received 24,014 shares on 2026-02-21 as fully vested performance-based restricted stock units (RSUs) valued at $82.47 each, totaling about $1,980,435. To cover tax withholding, 12,248 of those shares were surrendered to the company (disposed) at the same price for about $1,010,093, leaving 11,766 net shares issued to him.

Key Details

• Transaction date(s) and price(s): 2026-02-21 at $82.47 per share for both the award (A) and the withholding disposition (F).
• Award: 24,014 shares issued as vested performance RSUs (code A); Tax withholding: 12,248 shares surrendered (code F).
• Net shares received by insider: 11,766 (24,014 granted − 12,248 withheld).
• Shares owned after transaction: Not reported in the filing.
• Footnotes: F1 — shares vested from performance-based RSUs originally granted 2/21/2023 tied to adjusted EPS growth over a three-year performance period. F2 — the 12,248-share disposition was to the company to cover taxes on the vesting.
• Filing: Form 4 filed 2026-02-23 reporting the 2026-02-21 transaction.

Context

• This was a vesting of performance RSUs (compensation), not an open-market purchase or a discretionary sale; withholding shares to cover taxes is a routine, administrative cashless-withholding action and does not necessarily signal insider trading intent. Performance RSUs are earned based on company performance metrics (here, adjusted EPS growth over three years).