Steele-Belkin Dara L. 4

What Happened

• Dara L. Steele-Belkin, Chief Legal Officer of Global Payments (GPN), was granted restricted shares on 2026-02-27: 19,619 shares at $76.46 each ($1,500,069) and 1,063 shares at $76.46 each ($81,277), totaling 20,682 shares valued at $1,581,346.
• The company withheld 2,093 shares on 2026-02-28 (value $160,031) and 204 shares on 2026-03-01 (value $15,598) to cover tax withholding, a routine disposition. Net newly issued shares to the insider = 18,385 shares (approx. $1,405,717 at $76.46).

Key Details

• Transaction types: A = Award/Grant (20,682 restricted shares); F = Shares disposed to company to cover taxes (2,297 shares).
• Transaction dates & prices: Awards on 2026-02-27 @ $76.46; tax-withholding dispositions on 2026-02-28 (2,093 @ $76.46) and 2026-03-01 (204 @ $76.46).
• Values: Awards = $1,581,346 total; shares withheld for taxes = $175,629 total; net benefit ≈ $1,405,717.
• Shares owned after transaction: Not disclosed in the provided excerpt.
• Filing: Form 4 filed 2026-03-03 (appears timely based on the reported transaction dates).
• Footnotes: F1 = 19,619 restricted shares vest in equal installments over the first three anniversaries; F2 = 1,063 restricted shares vest in full on the first anniversary; F3 = the disposals were to cover taxes.

Context

• These were restricted stock grants (compensation), not open-market purchases. The partial disposals were tax-withholding withholdings — a common administrative step that does not necessarily indicate a change in insider sentiment. The awards vest over time per the footnotes, so the insider does not receive all shares immediately.