Form 4: Shift4 Payments Executive Chairman Jared Isaacman Reports Gift of Shares

Shift4 Payments Executive Chairman Jared Isaacman reported gifting 8,466 shares of Class A common stock, resulting in the simultaneous cancellation of an equal number of Class C common stock shares.

Summary

• Jared Isaacman, who serves as Executive Chairman, Director, and a 10% Owner of Shift4 Payments, Inc. (FOUR), filed a Form 4 with the SEC.
• The filing details a transaction that occurred on June 12, 2025, involving the disposition of 8,466 shares of Class C Common Stock.
• This disposition was categorized as a gift (Transaction Code 'G') and was executed at a price of $0 per share.
• The transaction involved gifting 2,679 shares of the Issuer's Class A common stock to one individual and 5,787 shares of Class A common stock as a charitable gift to Renaissance Charitable Foundation, Inc.
• The reported disposition of Class C Common Stock represents the simultaneous cancellation of shares corresponding to the Class A shares gifted.
• Following this transaction, Mr. Isaacman's beneficial ownership stands at 1,167,085 shares, held indirectly through Rook Holdings, Inc., where he is the sole stockholder.

Sentiment

Score: 5

Explanation: The transaction is a gift of shares by an insider, which is a neutral event for the company's operational performance or financial health. It reflects a personal decision rather than a change in company outlook or a lack of confidence.

Future Outlook

NA

Industry Context

NA

Key Dates

Recommendation

Keywords

Shift4 Payments, FOUR, Jared Isaacman, SEC Form 4, Insider Transaction, Stock Gift, Beneficial Ownership, Class A Common Stock, Class C Common Stock