Form 4: Fidelity National Information Services Director Acquires Additional Shares

Jeffrey A. Goldstein, a director at Fidelity National Information Services (FIS), purchased 775 shares of common stock at $72.37 per share on April 15, 2024, under a 10b5-1 plan.

Summary

• On April 15, 2024, Jeffrey A. Goldstein, a director of Fidelity National Information Services, Inc. (FIS), acquired 775 shares of common stock.
• The purchase was made at a price of $72.37 per share.
• The transaction was executed under a pre-arranged 10b5-1 trading plan.
• Following the transaction, Goldstein directly owns 9,052 shares of FIS common stock.
• Goldstein elected to purchase FIS stock in lieu of his quarterly cash retainer as Independent Chairman of the Board.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares indicates confidence, but it's a relatively small transaction executed under a pre-existing plan.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
• The use of a 10b5-1 plan suggests the purchase was pre-planned and not based on insider information.

Future Outlook

There is no future outlook provided in this document.

Management Comments

• Reporting person elected to purchase FIS stock in lieu of the quarterly cash retainer paid to him as Independent Chairman of the Board of Directors.

Industry Context

Director stock purchases are common and closely monitored, as they can provide insights into management's confidence in the company's performance and future prospects. The purchase by an independent chairman is particularly noteworthy.

Comparison to Industry Standards

• Comparing Goldstein's holdings and recent transactions to those of other directors at FIS and similar companies (e.g., Global Payments, PayPal) could provide a benchmark for assessing the significance of this purchase.
• Analyzing the prevalence of 10b5-1 plans among executives in the financial technology sector can offer context regarding the planning and execution of such transactions.

Stakeholder Impact

• The stock purchase could have a minor positive impact on shareholder sentiment.

Key Dates