SCHEDULE: Durable Capital Boosts Shift4 Payments Stake to 9.9%

Durable Capital Partners LP has increased its beneficial ownership in Shift4 Payments, Inc. to 9.9% of Class A Common Stock.

Summary

• Durable Capital Partners LP, an investment adviser, reported beneficial ownership of 6,665,443 shares of Shift4 Payments, Inc.'s Class A Common Stock.
• This ownership represents 9.9% of the total outstanding Class A Common Stock.
• The calculation of the percentage is based on 67,471,184 outstanding shares as of April 22, 2025, as reported in Shift4 Payments' Form 10-Q filed on April 29, 2025.
• Durable Capital Partners LP holds sole voting and sole dispositive power over all 6,665,443 shares.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 7

Explanation: The filing indicates a significant, passive investment by an institutional investor, which can be viewed positively as a vote of confidence in the company. However, it does not provide operational or financial performance details.

Positives

• Increased institutional ownership by Durable Capital Partners LP may signal confidence in Shift4 Payments, Inc.'s long-term prospects.
• The investment adviser's certification that shares are held in the ordinary course of business suggests a passive, long-term investment intent.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance.

Management Comments

• Durable Capital Partners LP certifies that, to the best of its knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

Increased institutional investment in payment processing and fintech companies like Shift4 Payments, Inc. reflects ongoing interest in the digital payments sector's growth and consolidation. Such ownership disclosures are common and provide transparency into significant investor positions.

Stakeholder Impact

• Shareholders may view the increased institutional ownership as a positive signal, potentially enhancing market confidence and liquidity for Shift4 Payments, Inc. stock.

Key Dates

Keywords

Shift4 Payments, Durable Capital Partners, Beneficial Ownership, Schedule 13G, Class A Common Stock, Payment Processing, Fintech, Institutional Investor