Form 8-K · Current report
Global Payments 8-K, filed Nov 3, 2026
- Filed
- CIK
- 0001123360
- Accession no.
- 0001104659-26-121506
Summary
Global Payments' board of directors approved amendments to the company's bylaws on October 28, 2026, in connection with recent changes to the Georgia Business Corporation Code, making the Georgia State-wide Business Court the exclusive forum for internal entity claims and setting a 1 percent ownership threshold for shareholders to bring or maintain derivative proceedings.
Key points
- The amended bylaws designate the Georgia State-wide Business Court as the sole and exclusive forum for internal entity claims, including proceedings related to court-ordered inspection of corporate records by a shareholder.
- The amendments establish a minimum 1 percent ownership threshold for shareholders to commence or maintain a derivative proceeding on behalf of the company.
- The amendments were effective immediately upon board approval on October 28, 2026.
- The Amended and Restated Bylaws were filed as Exhibit 3.1 to the Form 8-K.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
- 9.01Financial Statements and Exhibits
From the filing
Item 5.03. Amendments to Articles of Incorporation or Bylaws. On October 28, 2026, in connection with recent amendments to the Georgia Business Corporation Code, the Board of Directors of Global Payments Inc. (the “Company”) approved amendments to the Company’s Twelfth Amended and Restated Bylaws (the “Bylaws”), effective immediately. The amendments to the Bylaws: (i) provide that the Georgia State-wide Business Court will be the sole and exclusive forum for internal entity claims, including, but not limited to, proceedings related to the court-ordered inspection of corporate records by a shareholder; …
An excerpt of the text as filed with the SEC, cut for length.
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