---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-120830"
form_type: "8-K"
ticker: "FOUR"
cik: "0001794669"
company_name: "Shift4 Payments, Inc."
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T05:28:57.836427+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Shift4 provides pro forma financials for Global Blue acquisition; details $2.8B financing plan

## Summary
- Total consideration: $2.8B in pro forma assets; Shift4 issued $1B Mandatory Convertible Preferred Stock on May 5, 2025.
- New debt includes €680M 5.500% senior notes due 2033 and $550M 6.750% senior notes due 2032; $450M 4.625% 2026 notes to be redeemed.
- CEO Jared Isaacman to step down for NASA role; Restructuring Transaction gives him ~$198M ($80M cash + $118M preferred stock) and waives $542M TRA liability.
- Pro forma combined assets $8.5B, equity $2.0B as of March 31, 2025.

## SEC filing metadata
- accession: 0001193125-25-120830
- form_type: 8-K
- ticker: FOUR
- cik: 0001794669
- company_name: Shift4 Payments, Inc.
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794669/000119312525120830/0001193125-25-120830-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794669/000119312525120830/d925794d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-120830
- JSON: https://secwatch.observer/filing/0001193125-25-120830.json
- Plain text: https://secwatch.observer/filing/0001193125-25-120830.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.