Form 4: Fidelity National Information Services Director Acquires Shares Under 10b5-1 Plan

Jeffrey A. Goldstein, a director at Fidelity National Information Services (FIS), purchased 626 shares of common stock at $88.25 per share on October 15, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On October 15, 2024, Jeffrey A. Goldstein, a director of Fidelity National Information Services, Inc. (FIS), acquired 626 shares of common stock.
• The purchase was made at a price of $88.25 per share.
• The transaction was executed under a 10b5-1 trading plan.
• Following the transaction, Goldstein directly owns 10,397 shares of FIS common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's purchase indicates confidence, but it's a routine transaction under a pre-existing plan.

Positives

• The director's purchase of shares may signal confidence in the company's future prospects.
• The use of a 10b5-1 plan indicates that the purchase was pre-planned and not based on insider information.

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

Directors purchasing company stock is a common occurrence, and the use of a 10b5-1 plan is a standard practice to avoid insider trading concerns. It reflects a structured approach to investing in the company's stock.

Stakeholder Impact

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

Key Dates