Form 4: FIS Director Goldstein Acquires Additional Shares Under 10b5-1 Plan

Jeffrey A. Goldstein, a director at Fidelity National Information Services (FIS), purchased 719 shares of common stock at $76.81 per share on July 15, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On July 15, 2024, Jeffrey A. Goldstein, a director of Fidelity National Information Services, Inc. (FIS), acquired 719 shares of FIS common stock.
• The purchase was made at a price of $76.81 per share.
• The transaction was executed under a 10b5-1 trading plan.
• Following the transaction, Goldstein directly owns 9,771 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. The director's purchase of shares suggests confidence, but it's a relatively small transaction executed 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 transactions were pre-planned and not based on insider information.

Future Outlook

There is no specific 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

Directors purchasing company stock is a common practice. It can be seen as a positive sign, indicating confidence in the company's future performance. The use of a 10b5-1 plan is a standard method to avoid insider trading accusations.

Comparison to Industry Standards

• Comparing this transaction to similar filings from directors at competitor companies like Global Payments (GPN) or Fiserv (FI) would provide a better understanding of the significance of this purchase.
• Analyzing the frequency and size of insider transactions across the financial technology sector can help determine if this purchase is typical or noteworthy.

Stakeholder Impact

• The purchase could have a slightly positive impact on shareholder sentiment.
• The purchase has no direct impact on employees, customers, suppliers, or creditors.

Key Dates