Whipple Joshua J 4

What Happened

• Joshua J. Whipple, Chief Financial Officer of Global Payments (GPN), received restricted stock awards on 2026-02-27 totaling 39,557 shares (1,628 shares and 37,929 shares) at $76.46 per share, with an aggregate value of about $3,024,528.
• To cover tax withholding on vesting, Whipple surrendered 3,706 shares on 2026-02-28 ($283,361) and 1,313 shares on 2026-03-01 ($100,392), a total of 5,019 shares (~$383,753). The grants are compensation (acquisitions); the share surrenders are tax-withholding dispositions (routine).

Key Details

• Transaction dates and prices:
  • 2026-02-27: Award A — 1,628 shares @ $76.46 = $124,477 (F1)
  • 2026-02-27: Award A — 37,929 shares @ $76.46 = $2,900,051 (F2)
  • 2026-02-28: Withholding F — 3,706 shares @ $76.46 = $283,361 (F3)
  • 2026-03-01: Withholding F — 1,313 shares @ $76.46 = $100,392 (F3)
• Shares owned after transaction: Not specified in this filing.
• Footnotes of note:
  • F1: 1,628 restricted shares vest in equal installments on each of the first three anniversaries of the grant date.
  • F2: 37,929 restricted shares vest in full on the first anniversary of the grant date.
  • F3: Dispositions represent shares surrendered to the company to cover taxes on vesting (tax withholding).
• Filing timeliness: Report filed 2026-03-03 for transactions dated 2026-02-27 — filed within the usual two-business-day SEC reporting window.

Context

• These were restricted stock awards (compensation), not open-market purchases; such grants are common executive pay and indicate compensation alignment rather than a direct buy/sell market signal.
• The surrendered shares were used to cover taxes (a routine administrative step), not a public market sale.
• For retail investors, purchases or open-market buys by insiders tend to be more directly bullish signals; grants and tax-withholdings are standard compensation mechanics and should be interpreted accordingly.