Davis Karen Roter 4
Research Summary
AI-generated summary
Shift4 Payments (FOUR) Director Karen Roter Receives RSU Award
What Happened
Karen Roter, a director of Shift4 Payments, was granted 5,100 restricted stock units (RSUs) on 2026-06-15. The grant was recorded at a per-share value of $41.18, for a total grant value of $210,018. This was an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-15; Filing date: 2026-06-17 (Form 4) — filing appears timely.
- Grant size and valuation: 5,100 RSUs at $41.18 per share = $210,018.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The RSUs vest in full on the one-year anniversary of the grant date, subject to continued service (per footnote F1).
- Transaction type code: A (award/grant).
Context
RSU grants to directors are a common form of compensation and do not represent an immediate purchase or sale of stock; the shares typically convert to actual shares only upon vesting. Such awards generally reflect compensation policy rather than a direct signal of the director's short-term market view.