Form 4: Fidelity National Information Services Director Alemany Reports Stock Unit Transaction

Sentiment:

SEC Form 4 Filing


Director Ellen R. Alemany reports the vesting and distribution of restricted stock units and adjustments to beneficial ownership of FIS common stock.

Summary

  • On May 28, 2024, Ellen R. Alemany, a director of Fidelity National Information Services, Inc. (FIS), reported a transaction involving restricted stock units.
  • 3,854 restricted stock units vested and were distributed on May 28, 2024, each representing a contingent right to receive one share of FIS common stock.
  • The transaction involved the disposition of 3,854 shares of common stock at a price of $0.
  • Following the reported transaction, Alemany directly owns 0 shares of common stock and indirectly owns 8,891 shares through GRAT 2022 and 35,333 shares through GRAT 2024.

Sentiment

Score: 5

Explanation: This is a neutral report of a standard transaction (vesting of stock units). It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the Securities and Exchange Act of 1934. It provides transparency regarding the holdings and transactions of company insiders.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects changes in insider ownership.
  • The vesting of stock units is part of the executive compensation plan, impacting the executive and potentially aligning their interests with shareholders.

Key Dates

DateDescription
2024-01-03Date of Power of Attorney execution.
2024-05-24Date restricted stock units vested.
2024-05-28Date of transaction (vesting and distribution of restricted stock units).
2024-05-30Date of signature on the Form 4 filing.

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