SHEFFIELD DAVID M 4

What Happened

• David M. Sheffield, EVP & Chief Accounting Officer of Global Payments (GPN), received 1,188 shares as a performance-based award that vested on Feb 28, 2026 (priced at $76.46 per share; total ~ $90,834). To cover tax withholding on the vesting, 755 of those shares were surrendered back to the company (755 x $76.46 ≈ $57,727). Net shares retained from the vesting: 433 shares (≈ $33,107).

Key Details

• Transaction date: 2026-02-28; Filing date: 2026-03-03 (Form 4 filed timely).
• Award: 1,188 shares @ $76.46 = $90,834 (code A — grant/award/acquisition).
• Tax withholding: 755 shares surrendered @ $76.46 = $57,727 (code F — tax withholding/disposition).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — shares are fully vested performance-based restricted stock units originally granted 2/28/2025 and earned based on a one-year adjusted EPS growth target. F2 — shares were surrendered to the company to cover taxes (routine withholding).

Context

• This was the vesting of performance-based RSUs, not an open-market purchase or opportunistic sale. The surrender of shares to cover taxes is a common, mechanical step and does not by itself indicate a change in insider sentiment.
• Net new ownership from the award is 433 shares (the remainder after tax withholding).