Sankaran Vivek 4
4 · GLOBAL PAYMENTS INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Global Payments (GPN) Director Vivek Sankaran Receives Award
What Happened
Vivek Sankaran, a non‑employee director of Global Payments Inc. (GPN), was granted 239 fully‑vested shares on February 19, 2026. The shares were reported at an acquisition price of $80.25 each, totaling approximately $19,179.75. This was an award/compensation grant (code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-19 (reported on Form 4 filed 2026-03-17)
- Price per share: $80.25; total value: ~$19,179.75 (239 × $80.25)
- Shares owned after transaction: not specified in the provided filing
- Footnote: F1 — represents fully‑vested shares granted as compensation for service as a non‑employee director
- Timeliness: Form 4 was filed on 2026-03-17 for a 2026-02-19 transaction; Form 4s are typically due within 2 business days, so this filing appears to have been submitted late
Context
Director grants of fully‑vested shares are common as compensation for board service and do not necessarily signal the director’s view on the company’s near‑term stock direction. This was an award (compensation), not a purchase or sale; treat it as routine director compensation unless accompanied by other insider buying/selling activity.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-19$80.25/sh+239$19,180→ 239 total
Footnotes (1)
- [F1]Represents fully-vested shares of common stock, which were granted to the reporting person as compensation for service as a non-employee director.