Form 4: Shift4 Payments CFO Nancy Disman Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Nancy Disman, CFO of Shift4 Payments, disposed of shares to cover withholding taxes upon the vesting of restricted stock units.
Summary
- On August 5, 2024, Nancy Disman, the Chief Financial Officer of Shift4 Payments, Inc. [FOUR], disposed of 71,995 shares of Class A Common Stock.
- The shares were disposed of to cover payment of withholding taxes upon the vesting of restricted stock units.
- The price per share was $62.71.
- Following the transaction, Disman directly owns 202,959 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This transaction is related to tax obligations arising from vested stock, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of stock disposal transaction |
| 08/16/2024 | Date of signature on the report |
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