FIS (NYSE: FIS) director granted 5,485 restricted stock units vesting 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gibson Kourtney reported acquisition or exercise transactions in this Form 4 filing.
Fidelity National Information Services director Kourtney Gibson received a grant of 5,485 restricted stock units as equity compensation. Each unit represents a contingent right to receive one share of FIS common stock.
The restricted stock units vest in full on June 15, 2027, and Gibson has elected to defer receipt of the vested common shares until the end of service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gibson Kourtney
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,485 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,485 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of FIS common stock. These restricted stock units vest in full on June 15, 2027. The reporting person elected to defer distribution of the vested common stock until the end of service as a director.
Key Figures
RSUs granted: 5,485 units
Grant price: $0.00 per unit
Underlying shares: 5,485 shares
+2 more
5 metrics
RSUs granted
5,485 units
Restricted stock units awarded to director on June 15, 2026
Grant price
$0.00 per unit
Equity compensation award, no cash paid by director
Underlying shares
5,485 shares
Each RSU represents one share of FIS common stock
Post-grant RSU holdings
5,485 units
Total restricted stock units following reported transaction
Vesting date
June 15, 2027
RSUs vest in full on this date
Key Terms
Restricted Stock Units, contingent right, vest in full, defer distribution
4 terms
Restricted Stock Units financial
"The security title for the transaction is listed as Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of FIS common stock."
vest in full financial
"These restricted stock units vest in full on June 15, 2027."
defer distribution financial
"The reporting person elected to defer distribution of the vested common stock until the end of service as a director."
FAQ
What did FIS director Kourtney Gibson report in this Form 4 filing for FIS?
FIS director Kourtney Gibson reported receiving 5,485 restricted stock units as equity compensation. Each unit represents a contingent right to receive one share of Fidelity National Information Services common stock, subject to vesting conditions described in the filing and related footnotes.
How many restricted stock units did Kourtney Gibson receive from Fidelity National Information Services (FIS)?
Kourtney Gibson received 5,485 restricted stock units from Fidelity National Information Services. These units are a form of equity compensation that convert into an equal number of FIS common shares once vesting conditions are satisfied and distribution is made under the director’s election.
When do Kourtney Gibson’s FIS restricted stock units vest according to the Form 4?
The restricted stock units granted to Kourtney Gibson vest in full on June 15, 2027. After that vesting date, the units become payable in FIS common stock, though actual distribution timing depends on the director’s elected deferral arrangement described in the filing.
What does each restricted stock unit represent in the FIS Form 4 for Kourtney Gibson?
Each restricted stock unit represents a contingent right to receive one share of FIS common stock. This means Gibson does not currently hold the shares, but will receive an equal number of shares once the units vest and are settled under the plan’s terms.
When will Kourtney Gibson receive FIS common stock from these restricted stock units?
The restricted stock units vest on June 15, 2027, but Gibson elected to defer distribution of the underlying FIS common stock. According to the filing, distribution will occur at the end of service as a director, rather than immediately upon vesting.