Shift4 Payments, Inc.
FOUR, FOUR-PA · Services-Business Services, NEC · 79.3M shares · -50%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $48M (gross $105M, SBC $57M)
Reference price $40.66 · est. market cap ~$3.2B — last insider purchase, 2026-05-12 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C59gen composite 35pct→59
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- High leverageHigh leverage (debt/equity 3.15)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, Bridgewater Associates, LP
- Buying back stockNet buyback — share count -50%/yr over 1y
- Notable holderHeld by 4 notable fund(s): STATE STREET CORP, CITADEL ADVISORS LLC, FMR LLC +1 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
34.2%
Operating margin
8.4%
Net margin
2.8%
Return on equity
8.3%
Return on assets
1.4%
ROIC
4.6%
Revenue growth (QoQ)
32.2%
Net-income growth
-48.3%
Debt / equity
3.2×
Net debt / EBITDA
4.6×
Current ratio
1.7×
Free cash flow
$624M
EBITDA
$783M
Tangible book value
-$4.3B
Cash & investments
$964M
Stock comp / revenue
2.0%
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Taylor Lauber | Chief Executive Officer | $12M FY2025 |
| Cruz Christopher Nestor | See Remarks | — |
| Frankel Jordan | See Remarks | — |
| Whalen James J. | See Remarks | — |
| Isaacman Jared | Executive Chairman | — |
| Disman Nancy | Director | — |
| Donald Isaacman | Director | $248K FY2025 |
| Jonathan Halkyard | Director | $294K FY2025 |
| Karen Roter Davis | Director | $288K FY2025 |
| Sam Bakhshandehpour | Director | $283K FY2025 |
| Sarah Grover | Director | $283K FY2025 |
| Seth Dallaire | Director | $318K FY2025 |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Bakhshandehpour Sam | Grant | 5.1K | $41.18 |
| 2026-06-15 | Davis Karen Roter | Grant | 5.1K | $41.18 |
| 2026-06-15 | Disman Nancy | Grant | 7.3K | $41.18 |
| 2026-06-15 | Halkyard Jonathan S | Grant | 5.1K | $41.18 |
| 2026-06-15 | Goldsmith-Grover Sarah | Grant | 5.1K | $41.18 |
| 2026-06-15 | Dallaire Seth | Grant | 5.1K | $41.18 |
| 2026-06-05 | Lauber David Taylor | Tax withheld | 5.2K | $39.29 |
| 2026-05-12 | Isaacman Jared | Buy | 193K | $40.66 |
| 2026-05-11 | Isaacman Jared | Buy | 196K | $41.41 |
| 2026-03-17 | Isaacman Jared | Gift | 1.6K | — |
| 2026-03-10 | Isaacman Jared | Buy | 44K | $45.75 |
| 2026-03-02 | Isaacman Jared | Buy | 46K | $43.83 |
| 2026-03-02 | Disman Nancy | Tax withheld | 5.8K | $44.07 |
| 2026-03-02 | Lauber David Taylor | Tax withheld | 12K | $44.07 |
| 2026-03-02 | Frankel Jordan | Tax withheld | 4.2K | $44.07 |
| 2026-02-28 | Disman Nancy | Tax withheld | 4.3K | $44.07 |
| 2026-02-28 | Frankel Jordan | Tax withheld | 3.2K | $44.07 |
| 2026-02-28 | Whalen James J. | Tax withheld | 902 | $44.07 |
| 2026-02-28 | Lauber David Taylor | Tax withheld | 9.9K | $44.07 |
| 2026-02-27 | Whalen James J. | Grant | 17K | $44.07 |
| 2026-02-27 | Disman Nancy | Grant | 76K | $44.07 |
| 2026-02-27 | Frankel Jordan | Grant | 63K | $44.07 |
| 2026-02-27 | Cruz Christopher Nestor | Grant | 17K | $44.07 |
| 2026-02-27 | Lauber David Taylor | Grant | 222K | $44.07 |
| 2026-02-27 | Isaacman Jared | Buy | 159K | $44.15 |
| 2026-02-26 | Isaacman Jared | Buy | 137K | $48.38 |
| 2026-02-20 | Frankel Jordan | Tax withheld | 2.8K | $58.49 |
| 2026-02-20 | Lauber David Taylor | Tax withheld | 14K | $58.49 |
| 2026-02-20 | Disman Nancy | Tax withheld | 5.8K | $58.49 |
| 2026-02-20 | Whalen James J. | Tax withheld | 3.9K | $58.49 |
| 2026-02-07 | Isaacman Jared | Disposition | 86K | — |
| 2026-02-07 | Isaacman Jared | Grant | 86K | — |
| 2026-02-07 | Isaacman Jared | Disposition | 86K | — |
| 2026-02-07 | Isaacman Jared | Grant | 951K | — |
| 2026-02-07 | Isaacman Jared | Disposition | 951K | — |
| 2026-02-07 | Isaacman Jared | Conversion | 19.8M | — |
| 2026-02-07 | Isaacman Jared | Grant | 86K | — |
| 2026-02-07 | Isaacman Jared | Disposition | 19.8M | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-17 | Shareholder voteExhibits | filing ↗ |
| 2026-05-07 | ResultsExhibits | filing ↗ |
| 2026-03-09 | Exec/director changeReg FD | filing ↗ |
| 2026-02-26 | ResultsExhibits | filing ↗ |
| 2026-02-10 | Material agreementExhibits | filing ↗ |
| 2026-01-05 | Material agreementDebt obligationExhibits | filing ↗ |
| 2025-12-18 | Material agreementExec/director change | filing ↗ |
| 2025-12-08 | Material agreementDebt obligationExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-17 | 2026-06-12 | 0001193125-26-273418 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001794669-26-000018 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0001794669-26-000020 ↗ |
| DEF 14A | 2026-04-30 | 2026-06-12 | 0001193125-26-197191 ↗ |
| 8-K | 2026-03-09 | 2026-03-03 | 0001193125-26-098532 ↗ |
| 10-K | 2026-02-27 | 2025-12-31 | 0001794669-26-000010 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0001794669-26-000006 ↗ |
| 8-K | 2026-02-10 | 2026-02-07 | 0001193125-26-043740 ↗ |
| 8-K | 2026-01-05 | 2026-01-05 | 0001794669-26-000004 ↗ |
| 8-K | 2025-12-18 | 2025-12-17 | 0001193125-25-325098 ↗ |
| 8-K | 2025-12-08 | 2025-12-08 | 0001794669-25-000043 ↗ |
| 8-K | 2025-12-04 | 2025-12-03 | 0001794669-25-000040 ↗ |