Shift4 Payments Announces Corporate Changes and Shareholder Vote
Ticker: FOUR-PA · Form: 8-K · Filed: Jun 11, 2024 · CIK: 1794669
| Field | Detail |
|---|---|
| Company | Shift4 Payments, Inc. (FOUR-PA) |
| Form Type | 8-K |
| Filed Date | Jun 11, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, management-change, shareholder-vote
Related Tickers: FOUR
TL;DR
Shift4 leadership shakeup incoming, shareholder vote on the way.
AI Summary
Shift4 Payments, Inc. announced on June 7, 2024, a series of significant corporate actions. These include the departure of directors, the election of new directors, the appointment of certain officers, and updates to compensatory arrangements. Additionally, the company is submitting matters to a vote of its security holders.
Why It Matters
This filing indicates potential shifts in the company's leadership and governance structure, which could impact strategic direction and investor confidence.
Risk Assessment
Risk Level: medium — Changes in board composition and officer appointments can signal strategic shifts or internal challenges that may affect the company's future performance.
Key Numbers
- 001-39313 — Commission File Number (Identifies the company's SEC filing history.)
- 84-3676340 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Shift4 Payments, Inc. (company) — Registrant
- June 7, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 3501 Corporate Parkway, Center Valley, Pennsylvania 18034 (address) — Principal executive offices
FAQ
Who are the departing directors and newly elected directors?
The filing does not specify the names of the departing directors or the newly elected directors, only that these events have occurred.
What specific matters will be submitted to a vote of security holders?
The filing states that matters will be submitted to a vote of security holders but does not detail the specific proposals.
What are the new compensatory arrangements for certain officers?
The filing mentions updates to compensatory arrangements but does not provide details on the specific arrangements or the officers involved.
When did the reported corporate events take place?
The earliest event reported occurred on June 7, 2024, and the report was filed as of June 11, 2024.
What is Shift4 Payments, Inc.'s principal executive office address?
Shift4 Payments, Inc.'s principal executive offices are located at 3501 Corporate Parkway, Center Valley, Pennsylvania 18034.
Filing Stats: 869 words · 3 min read · ~3 pages · Grade level 11 · Accepted 2024-06-11 16:15:31
Key Financial Figures
- $0.0001 — which registered Class A Common Stock, $0.0001 par value per share FOUR The New Yo
Filing Documents
- d644307d8k.htm (8-K) — 33KB
- 0001193125-24-159126.txt ( ) — 150KB
- four-20240607.xsd (EX-101.SCH) — 3KB
- four-20240607_lab.xml (EX-101.LAB) — 17KB
- four-20240607_pre.xml (EX-101.PRE) — 11KB
- d644307d8k_htm.xml (XML) — 3KB
- Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers
Item 3 - Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 290,943,779 6,847,349 149,586 6,383,800 Based on the foregoing votes, each of Karen Roter Davis and Jared Isaacman were elected as a Class I director, Item 2 was approved and Item 3 was approved. No other items were presented for shareholder approval at the Meeting.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 11, 2024 SHIFT4 PAYMENTS, INC. By: /s/ Jordan Frankel Jordan Frankel Secretary, General Counsel and Executive Vice President, Legal, Risk and Compliance