FNF (NYSE: FNF) CEO awarded 39,542 restricted shares, boosting holdings above 600k
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fidelity National Financial, Inc. Chief Executive Officer Michael J. Nolan received a grant of 39,542 shares of restricted common stock on May 8, 2026, as compensation. The shares vest in three equal annual installments beginning May 8, 2027. After the grant, Nolan directly owns 601,672.0846 common shares and indirectly holds 14,585.3240 common shares through the Michael J. Nolan Trust. A separate adjustment reflects shares acquired under the company’s Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nolan Michael Joseph
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 39,542 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 601,672.085 shares (Direct, null);
Common Stock — 14,585.324 shares (Indirect, Michael J. Nolan Trust)
Footnotes (1)
- Grant of restricted common stock vesting in three equal annual installments beginning May 8, 2027. Amount adjusted to reflect shares acquired under the registrant's Employee Stock Purchase Plan.
Key Figures
Restricted stock grant: 39,542 shares
Grant price: $0.0000 per share
Direct holdings after grant: 601,672.0846 shares
+2 more
5 metrics
Restricted stock grant
39,542 shares
Granted May 8, 2026 to CEO as restricted common stock
Grant price
$0.0000 per share
Reported price for restricted common stock grant
Direct holdings after grant
601,672.0846 shares
Common stock directly owned by Michael J. Nolan after transaction
Indirect holdings after update
14,585.3240 shares
Common stock held through Michael J. Nolan Trust
Vesting schedule
3 equal annual installments
Restricted shares vest beginning May 8, 2027
Key Terms
restricted common stock, Employee Stock Purchase Plan, grant/award acquisition, indirect ownership
4 terms
restricted common stock financial
"Grant of restricted common stock vesting in three equal annual installments"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
Employee Stock Purchase Plan financial
"Amount adjusted to reflect shares acquired under the registrant's Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
grant/award acquisition financial
"transaction_action: grant/award acquisition"
indirect ownership financial
"Indirect ownership reported through the Michael J. Nolan Trust"
FAQ
What did FNF CEO Michael J. Nolan report in this Form 4 filing?
Michael J. Nolan reported receiving 39,542 shares of restricted Fidelity National Financial common stock. The grant is a compensation award, not an open-market purchase, and increases his direct and indirect equity stake in the company.
Was the FNF CEO’s Form 4 transaction a market buy or sell?
The filing reports a grant of restricted common stock at a price of $0.0000 per share, not a market trade. It is characterized as a grant, award, or other acquisition, rather than an open-market purchase or sale transaction.