GPN President & COO Robert Cortopassi Withholds 825 Shares for Taxes

What Happened
Robert M. Cortopassi, President and Chief Operating Officer of Global Payments Inc. (GPN), had 825 shares disposed/withheld to cover tax liabilities related to the vesting of awards. The shares were valued at $86.12 each for a total of $71,049. This was a tax withholding (not an open-market sale).

Key Details

• Transaction date: 2026-08-08; Filing date: 2026-08-11 (Form 4 accession 0001123360-26-000088).
• Disposition: 825 shares withheld at $86.12 per share; total value $71,049.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: F1 — disposition of shares to the company to cover taxes on the vesting of awards (tax withholding).
• Filing timeliness: No late-filing flag supplied in the provided data.

Context
This was a routine tax-withholding event (code F) tied to vested awards — common when restricted stock units or other equity awards vest. Because shares were surrendered to the company to satisfy tax obligations rather than sold on the open market, this transaction is generally considered administrative and not a directional signal about the insider’s view of the stock.