Shift4 CFO Christopher Cruz Receives RSU Award; Withholds Shares

What Happened

• Christopher Nestor Cruz, Chief Financial Officer of Shift4 Payments (FOUR), was granted 24,854 restricted stock units (RSUs) on Aug 7, 2026 (reported as an award at $0.00 per share).
• On Aug 5, 2026, 14,073 shares were withheld to satisfy payroll/withholding taxes upon the vesting of RSUs; those withheld shares were reported at $55.61 per share, totaling $782,600.
• The withheld shares represent a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction dates: Aug 5, 2026 (shares withheld for taxes) and Aug 7, 2026 (RSU grant).
• Reported amounts/prices: 14,073 shares withheld @ $55.61 = $782,600; 24,854 RSUs granted @ $0.00 = $0 (grant).
• Vesting note (footnote): The withheld shares paid withholding taxes upon vesting of RSUs originally granted Aug 6, 2025.
• New grant vesting schedule (footnote): The 24,854 RSUs will vest in three equal annual installments beginning Feb 27, 2027.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Transaction dated Aug 5 and filed Aug 7, 2026 — appears timely (filed within the typical two-business-day window).

Context

• The 14,073-share disposition is a tax-withholding action (code F), common when RSUs vest and not a signal of an open-market sale.
• The new 24,854 RSU award (code A) is a grant that vests over time; such awards are retention/compensation-related and do not represent an immediate purchase of stock.