Form 4: Fidelity National Information Services CTO Reports Routine Stock Transactions Following RSU Vesting

Fidelity National Information Services' Chief Technology Officer, Firdaus Bhathena, reported the acquisition of 6,901 common shares through restricted stock unit vesting and the subsequent disposition of 3,337 shares for tax withholding.

Summary

• Firdaus Bhathena, Chief Technology Officer of Fidelity National Information Services, Inc. (FIS), reported transactions involving the company's common stock.
• On May 27, 2025, Mr. Bhathena acquired 6,901 shares of common stock through the vesting of restricted stock units (RSUs) at a price of $0.
• Concurrently, 3,337 shares were disposed of at a price of $78.34 per share to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Mr. Bhathena directly beneficially owns 20,315 shares of FIS common stock.
• Each restricted stock unit represents a contingent right to receive one share of FIS common stock.
• The restricted stock units vest and distribute in three equal annual installments on the anniversary of May 24, 2023.

Sentiment

Score: 5

Explanation: The document reports routine insider transactions (RSU vesting and tax withholding) which are neutral in sentiment. It does not indicate any significant positive or negative developments for the company.

Positives

• The vesting of restricted stock units indicates the fulfillment of long-term incentive compensation for a key executive.
• The acquisition of shares through RSU vesting increases the executive's direct ownership in the company, aligning interests with shareholders.

Negatives

• A portion of the vested shares (3,337 shares) was sold to cover tax obligations, which is a common practice but reduces the net increase in direct ownership.

Risks

• No specific risks are identified in this Form 4 filing, as it primarily reports routine insider transactions.

Future Outlook

The remaining restricted stock units are scheduled to vest in equal annual installments on the anniversary of May 24, 2023, indicating future share distributions to the executive.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends. It reflects standard executive compensation practices within the financial technology sector.

Comparison to Industry Standards

• This filing details a routine RSU vesting and tax withholding transaction, which is a common form of executive compensation and share management across publicly traded companies, including those in the financial technology industry.
• There are no specific comparable companies, projects, or results detailed within this document to assess against industry benchmarks beyond the general practice of executive equity compensation.

Stakeholder Impact

• Shareholders: Minor impact, as it represents a routine executive compensation event and a slight increase in the CTO's direct ownership, aligning executive and shareholder interests.
• Employees: No direct impact mentioned beyond the CTO's compensation.

Next Steps

• Future annual vesting installments of the remaining restricted stock units on the anniversary of May 24, 2023.

Key Dates

Keywords

Fidelity National Information Services, FIS, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Stock Ownership, Firdaus Bhathena, Chief Technology Officer