Insider trade

Director purchased ~$846K of GPN shares in the open market

Traded Dec 11, 2025 · Filed Dec 12, 2025

~$846K
Reported value · 10K sh @ $81.42: 59K
Holds after · shares reported: +0.3%
stock since the trade · S&P 500 +12.4%, $81.92 → $82.18 on Oct 5

Why it stands out

A board member of Global Payments paid $846K out of pocket for Global Payments shares. The Global Payments shares held grew by 21%.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Dec 11, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 12, 2025

Director$500K–$1MHoldings +21%Largest by this insider

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$846,117

Shares × reported transaction price

Size band

$500K–$1M

Ownership change

+21.2%

Purchase shares ÷ estimated pre-transaction holdings, from the filing

Rarity

First purchase in 0 months

Confirmed open-market purchases by the same insider in the available history

Largest by this insider

Yes

Compared with 1 earlier confirmed purchase

Cluster activity

No other insider purchases within 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Timing vs results

37 days after results of Nov 4, 2025, 69 days before results of Feb 18, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $81.92 on Dec 11, 2025, 21% above its 52-week low and 29% below its high, after a 3% rise over the previous 30 trading days

52-week range $67.47 (Apr 21, 2025) to $115.77 (Dec 12, 2024), 30% of the way up, from 250 adjusted closes. 30 trading days earlier: $79.21 on Oct 29, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	−0.4%	+0.6%	−1.0%
30 days	−5.1%	+1.4%	−6.5%
90 days	−16.6%	−1.7%	−14.9%
180 days	−17.3%	+10.9%	−28.2%

Past results only. Not a forecast.

Source receipt

Record ID: 0001123360-25-000090
Filed / recorded: Dec 12, 2025, 1:58 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: GLOBAL PAYMENTS INC
Issuer CIK: 1123360
Ticker: GPN
Reporting person: BALDWIN ROBERT H B JR
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 11, 2025
Transaction code: P
Shares / units: 10,392
Price per share: $81.42
Acquired / disposed: Acquired (A)
Shares owned after: 59,303
Ownership form: Direct
Amendment: No

Footnotes from the filing

Reflects the weighted average purchase price. The range of prices for such transaction is $81.12 to $81.84. Open market purchase transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares purchased at each separate price.

Around the same time

Gilbert Ray Cisneros, Jr. bought

$1,001–$15,000Reported range · official band, not an exact amount

10mo ago

Disclosed 27 days after the transaction; reported as an official range, not an exact amount.

More Official record

Officer sold

~$164KReported value · 2,016 sh @ $81.41

10mo ago

Global Payments's Chief Accounting Officer sold $164K of Global Payments shares. Nobody planned it ahead of time.

More Official record

Director bought

~$241KReported value · 3,000 sh @ $80.25

10mo ago

A board member of Global Payments paid $241K out of pocket for Global Payments shares. The Global Payments shares held grew by 7%.

More Official record