FIS Insider Filing: 90,449 RSUs Vest for CFO; Net Ownership 117,817 Shares
Rhea-AI Filing Summary
James Kehoe, EVP and Chief Financial Officer of Fidelity National Information Services, Inc. (FIS), reported insider transactions dated 08/25/2025. He had 90,449 restricted stock units vest (each convertible to one share) and those units were reported as acquired at no cash price due to vesting. To satisfy tax withholding on the vesting, 35,592 shares were withheld and disposed at a reported price of $69.55 per share. After these transactions, Kehoe beneficially owns 117,817 shares of FIS common stock. The Form 4 was signed by an attorney-in-fact on 08/27/2025 and discloses that the restricted stock units vested in equal installments on August 25, 2024 and August 25, 2025, subject to continued service.
Positive
- Substantial continued ownership: Reporting person retains 117,817 shares after vesting and withholding, indicating ongoing equity stake.
- Clear disclosure of vesting schedule: RSUs vested in equal installments on August 25, 2024 and 2025, which is transparently reported.
Negative
- Share disposition for tax withholding: 35,592 shares were disposed at $69.55 per share to satisfy tax obligations, reducing the net increase in ownership.
- No evidence of open-market purchase: Acquired shares reflect vesting rather than a fresh cash investment by the executive.
Insights
TL;DR Routine executive equity vesting with tax withholding; net ownership remains substantial but the event is non-transactional for company operations.
The report shows standard compensation mechanics: 90,449 restricted stock units vested and were converted to shares, while 35,592 shares were withheld to meet tax obligations at $69.55 per share. Net beneficial ownership after the event is 117,817 shares. This is a common form of equity compensation and does not indicate a discretionary open-market sale or a change in executive status. For investors, the filing documents leadership ownership alignment but does not by itself imply a material change to the company’s capital structure or liquidity.
TL;DR Standard vesting disclosure consistent with executive retention practices; withholding for taxes is routine and disclosed appropriately.
The Form 4 clearly identifies the reporting person as the EVP and CFO and explains vesting schedule and tax withholding. The filing documents that the RSUs vested in equal installments across two dates and that shares were withheld rather than sold in an open-market transaction. The disclosure appears complete and timely, filed by an authorized attorney-in-fact, and raises no governance irregularities based on the information provided.
FAQ
What did James Kehoe report in the Form 4 for FIS?
Were these shares purchased on the open market or acquired through vesting?
Why were 35,592 shares disposed according to the filing?
What is the reported price for the withheld shares?
Who filed the Form 4 on behalf of James Kehoe?