Form 4: Shift4 Payments Executive Jordan Frankel Reports Stock Transaction
SEC Form 4 Filing
Jordan Frankel, a Shift4 Payments executive, reported the disposition of 3,020 shares of Class A Common Stock to cover withholding taxes upon vesting of restricted stock units.
Summary
- On March 2, 2024, Jordan Frankel, Secretary, General Counsel and Executive Vice President, Legal, Risk and Compliance at Shift4 Payments, Inc. (FOUR), reported a transaction involving Class A Common Stock.
- Frankel disposed of 3,020 shares to cover withholding taxes upon the vesting of restricted stock units.
- The shares were disposed of at a price of $83.54 per share.
- Following the transaction, Frankel beneficially owns 245,890 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates activity related to compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/02/2024 | Date of transaction: disposition of shares for tax withholding. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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