Fidelity National (NYSE: FNF) awards director additional phantom stock
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 344.1337 FNF Phantom Stock units, treated as a derivative award. Each phantom stock unit is the economic equivalent of one share of FNF common stock and was valued at $46.38 per unit for this grant.
Following this award, his phantom stock balance stands at 25,148.7881 units, which will be payable in cash after his service as a director ends. The filing also shows a direct holding of 149,340.553 shares of FNF common stock, indicating a substantial ongoing equity-linked interest aligned with shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ammerman Douglas K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | FNF Phantom Stock | 344.1337 | $46.38 | $16K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
FNF Phantom Stock — 25,148.7881 shares (Direct);
Common Stock — 149,340.553 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 grant: 344.1337 units
Grant reference price: $46.38 per unit
Phantom stock holdings: 25,148.7881 units
+2 more
5 metrics
Phantom stock grant
344.1337 units
FNF Phantom Stock awarded on March 31, 2026
Grant reference price
$46.38 per unit
Transaction price per phantom stock unit
Phantom stock holdings
25,148.7881 units
Total FNF Phantom Stock after the grant
Common stock holdings
149,340.553 shares
Direct FNF common stock held by Ammerman
Conversion price
$0.00
Phantom stock conversion or exercise price
Key Terms
FNF Phantom Stock, Deferred Compensation Plan, economic equivalent, payable in cash
4 terms
FNF Phantom Stock financial
"FNF Phantom Stock acquired by the reporting person pursuant to the Deferred Compensation Plan."
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.
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 FNF director Douglas Ammerman acquire in this Form 4 filing?
Douglas Ammerman received 344.1337 units of FNF Phantom Stock as a grant. These units are part of a deferred compensation arrangement and mirror the value of FNF common stock, adding to his existing phantom stock and common stock exposure.
How does the FNF Phantom Stock granted to Douglas Ammerman work?
Each unit of FNF Phantom Stock is the economic equivalent of one FNF common share. Instead of delivering stock, the company will pay the value in cash after Ammerman’s service as a director ends, aligning compensation with long-term shareholder value.
What are Douglas Ammerman’s phantom stock holdings in FNF after this grant?
After receiving 344.1337 additional units, Douglas Ammerman holds 25,148.7881 FNF Phantom Stock units. These units track the value of FNF common stock and will be settled in cash upon his termination of service as a director under the deferred compensation plan.
Is the FNF Phantom Stock grant to Douglas Ammerman an open-market stock purchase?
No. The 344.1337 units of FNF Phantom Stock represent a grant categorized as a compensation award. It was received under the company’s Deferred Compensation Plan, not through an open-market transaction, and will be settled in cash rather than shares.