Form 4: Shift4 Payments Executive Jordan Frankel Reports Stock Transactions

Jordan Frankel, a Shift4 Payments executive, reported the withholding of shares for tax obligations related to vesting restricted stock units.

Summary

• On February 28, 2025, Jordan Frankel, Secretary, General Counsel and Executive Vice President, Legal, Risk and Compliance of Shift4 Payments, Inc., had 2,372 Class A Common Stock shares withheld at a price of $97.50.
• These shares were used for payment of withholding taxes upon the vesting of restricted stock units granted on February 29, 2024, resulting in a beneficial ownership of 253,616 shares.
• On March 2, 2025, 4,440 Class A Common Stock shares were withheld at $98.75 for payment of withholding taxes upon the vesting of restricted stock units granted on March 2, 2023, resulting in a beneficial ownership of 249,176 shares.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions for tax purposes, and does not indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may be interested in insider transactions as an indicator of management's confidence in the company.

Key Dates