FIS (NYSE: FIS) CFO James Kehoe granted 41,209 RSUs, uses shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fidelity National Information Services EVP and CFO James Kehoe reported multiple equity awards and related share movements in company stock. On February 28, 2026, he received a grant of 41,209 Restricted Stock Units (RSUs), each representing a contingent right to one share of FIS common stock, vesting in three equal annual installments on each anniversary date.
On the same date, Kehoe exercised or converted RSUs into common stock in several transactions involving 10,123 and 10,108 RSUs, resulting in corresponding acquisitions of FIS common shares. He also had common stock dispositions of 2,488 and 2,558 shares coded as tax-withholding transactions to satisfy withholding obligations upon RSU vesting, rather than open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
20,231 shares exercised/converted
Mixed
7 txns
Insider
Kehoe James
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 41,209 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,123 | $0.00 | -- |
| Exercise | Restricted Stock Units | 10,108 | $0.00 | -- |
| Exercise | Common Stock | 10,123 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,488 | $51.05 | $127K |
| Exercise | Common Stock | 10,108 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,558 | $51.05 | $131K |
Holdings After Transaction:
Restricted Stock Units — 41,209 shares (Direct);
Common Stock — 127,940 shares (Direct)
Footnotes (1)
- Represents shares to satisfy withholding tax obligation for restricted stock unit vesting. Each restricted stock unit represents a contingent right to receive one share of FIS common stock. The restricted stock unit vests in three equal annual installments commencing on each anniversary date.
FAQ
What did FIS (FIS) CFO James Kehoe report in this Form 4 filing?
James Kehoe reported new equity awards and related share movements. He received 41,209 restricted stock units, exercised additional RSUs into common stock, and had certain shares withheld to cover tax obligations tied to vesting events.
How many restricted stock units did the FIS CFO receive in this transaction?
The CFO received 41,209 restricted stock units. Each unit represents a contingent right to receive one share of Fidelity National Information Services common stock, vesting in three equal annual installments on each anniversary of the February 28, 2026 grant date.
How do the restricted stock units for FIS CFO James Kehoe vest over time?
The restricted stock units vest in three equal annual installments. Vesting occurs on each anniversary of the February 28, 2026 grant date, meaning the award settles into common stock gradually over three years instead of all at once.
What does code "F" mean in James Kehoe’s FIS Form 4 transactions?
Code “F” indicates shares used to pay taxes or exercise costs. In this filing, it reflects common stock delivered to satisfy withholding tax obligations associated with restricted stock unit vesting, rather than discretionary selling into the open market.
What does each FIS restricted stock unit represent for James Kehoe?
Each restricted stock unit represents a contingent right to one FIS common share. The units convert into actual shares as vesting conditions are met over three annual installments following the original February 28, 2026 grant date.