secwatch.observer — SEC 8-K summary
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Issuer:     Shift4 Payments, Inc. (FOUR)
CIK:        0001794669
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001794669-22-000034
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Shift4 Payments appoints Nancy Disman as CFO, replacing Bradley Herring effective Aug 5, 2022
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- CFO Bradley Herring departs Aug 5; separation agreement provides $370,833 in installments through Dec 31, 2022.
- Nancy Disman appointed CFO Aug 5; she resigns from board and committees effective same date.
- Disman receives $3M signing bonus ($2M immediate, $500K on each of first two anniversaries).
- Disman awarded $12M RSU with staggered vesting; base salary $350K and annual bonus eligibility.
- Board reduced to 6 members; Christopher Cruz reclassified from Class III to Class II to balance classes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1794669/000179466922000034/0001794669-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1794669/000179466922000034/four-20220803.htm
  HTML page:      https://secwatch.observer/filing/0001794669-22-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer