Global Payments Inc. Announces Board and Executive Compensation Changes

Ticker: GPN · Form: 8-K · Filed: 2025-03-07T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-compensation, board-of-directors

TL;DR

Global Payments Inc. swapped a director and tweaked exec pay. Board changes are in.

AI Summary

Global Payments Inc. announced on March 3, 2025, changes related to its board of directors and executive compensation. Specifically, the company reported the departure of a director and the election of a new director, along with updates to compensatory arrangements for certain officers.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, or financial outlook, impacting investor confidence.

Risk Assessment

Risk Level: low — The filing details routine corporate governance changes and executive compensation adjustments, which typically carry low immediate risk.

Key Players & Entities

FAQ

Who is the departing director and who is the newly elected director?

The filing does not specify the names of the departing or newly elected directors, only that these events occurred.

What specific changes were made to the compensatory arrangements of certain officers?

The filing indicates that there were updates to compensatory arrangements but does not provide specific details on the nature or value of these changes.

When did the reported events regarding director and officer changes take place?

The earliest event reported occurred on March 3, 2025.

What is the company's state of incorporation and IRS Employer Identification Number?

The company is incorporated in Georgia and its IRS Employer Identification Number is 58-2567903.

What is the principal executive office address and phone number for Global Payments Inc.?

The principal executive offices are located at 3550 Lenox Road, Atlanta, Georgia 30326, and the telephone number is (770) 829-8000.

From the Filing

0001123360-25-000014.txt : 20250307 0001123360-25-000014.hdr.sgml : 20250307 20250307160938 ACCESSION NUMBER: 0001123360-25-000014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250303 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250307 DATE AS OF CHANGE: 20250307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GLOBAL PAYMENTS INC CENTRAL INDEX KEY: 0001123360 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 582567903 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16111 FILM NUMBER: 25720133 BUSINESS ADDRESS: STREET 1: 3550 LENOX ROAD CITY: ATLANTA STATE: GA ZIP: 30326 BUSINESS PHONE: 7708298030 MAIL ADDRESS: STREET 1: 3550 LENOX ROAD CITY: ATLANTA STATE: GA ZIP: 30326 8-K 1 gpn-20250303.htm 8-K gpn-20250303 0001123360 false 0001123360 2025-03-03 2025-03-03 0001123360 us-gaap:CommonStockMember 2025-03-03 2025-03-03 0001123360 gpn:A4875SeniorNotesDue2031Member 2025-03-03 2025-03-03 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549      FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 3, 2025       Commission file number 001-16111 GLOBAL PAYMENTS INC . (Exact name of registrant as specified in charter)   Georgia 58-2567903 (State or other jurisdiction of incorporation) (I.R.S. Employer Identification No.) 3550 Lenox Road, Atlanta, Georgia 30326 (Address of principal executive offices) (Zip Code)   Registrant’s telephone number, including area code:     ( 770 ) 829-8000   NONE (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act Title of each class Trading symbol Name of exchange on which registered Common stock, no par value GPN New York Stock Exchange 4.875% Senior Notes due 2031 GPN31A New York Stock Exchange        Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02    Departure of Directors or Certain Officers, Election of Directors, Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 3, 2025, Andréa Carter, the Chief Human Resources Officer of Global Payments Inc. (the “Company”), notified the Company of her decision to resign effective March 31, 2025, to pursue another opportunity. The Company thanks Ms. Carter for her dedicated service and wishes her well in her fut

View on Read The Filing