Fidelity National Financial (FNF) director receives new phantom stock award
Rhea-AI Filing Summary
Ammerman Douglas K reported acquisition or exercise transactions in this Form 4 filing.
Fidelity National Financial director Douglas K. Ammerman received a grant of 342.2364 shares of FNF phantom stock on June 30, 2026 under the company’s Deferred Compensation Plan. Each phantom share is economically equivalent to one share of FNF common stock but is payable in cash after his service as a director ends.
Following this routine compensation-related award, Ammerman holds a total of 25,491.0245 phantom stock units directly. This filing does not reflect any open‑market buying or selling of FNF common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ammerman Douglas K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | FNF Phantom Stock | 342.2364 | $47.16 | $16K |
Holdings After Transaction:
FNF Phantom Stock — 25,491.0245 shares (Direct)
Footnotes (3)
- F1. Phantom stock acquired by the reporting person pursuant to the Deferred Compensation Plan.
- F2. Each share of phantom stock is the economic equivalent of one share of FNF stock.
- F3. Shares of phantom stock are payable in cash following the reporting person's termination of service as a director.
Key Figures
Phantom stock granted: 342.2364 units
Phantom stock equivalent price: $47.1600 per unit
Total phantom units after grant: 25,491.0245 units
+1 more
4 metrics
Phantom stock granted
342.2364 units
Award on June 30, 2026
Phantom stock equivalent price
$47.1600 per unit
Grant reference price
Total phantom units after grant
25,491.0245 units
Holdings following transaction
Underlying security shares
342.2364 shares
Underlying FNF common stock equivalent
Key Terms
FNF Phantom Stock, Deferred Compensation Plan, phantom stock, economic equivalent, +1 more
5 terms
FNF Phantom Stock financial
"security_title: FNF Phantom Stock"
Deferred Compensation Plan financial
"Phantom stock acquired by the reporting person pursuant to the Deferred Compensation Plan."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
phantom stock financial
"Each share of phantom stock is the economic equivalent of one share of FNF stock."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
economic equivalent financial
"Each share of phantom stock is the economic equivalent of one share of FNF stock."
payable in cash financial
"Shares of phantom stock are payable in cash following the reporting person's termination of service as a director."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Fidelity National Financial (FNF) director Douglas Ammerman report in this Form 4?
Douglas Ammerman reported receiving 342.2364 FNF phantom stock units as a compensation grant. These units track the value of FNF common stock and are paid in cash after his board service ends, rather than representing current stock purchases or sales.
How many FNF phantom stock units does Douglas Ammerman hold after this transaction?
After this award, Douglas Ammerman holds 25,491.0245 FNF phantom stock units directly. This total reflects his accumulated deferred compensation balance tied to FNF’s share price, rather than actual common shares currently owned or traded in the open market.
Is the FNF Form 4 for Douglas Ammerman an open-market stock purchase or sale?
No, the Form 4 shows a grant of phantom stock, not an open-market trade. The 342.2364 units were awarded under a Deferred Compensation Plan, meaning Ammerman did not buy or sell FNF common shares in the market in this filing.
What is FNF phantom stock as reported in Douglas Ammerman’s Form 4?
FNF phantom stock is a deferred compensation instrument whose value equals one FNF common share per unit. It does not provide actual share ownership and is ultimately settled in cash after the director’s service ends, aligning compensation with long-term share performance.
When will Douglas Ammerman receive payment for his FNF phantom stock units?
According to the disclosure, phantom stock units are payable in cash following Ammerman’s termination of service as a director. Until that time, the units track the economic value of FNF common stock as part of his deferred compensation arrangement.