Fidelity National Information Services, Inc.·4

Mar 9, 7:56 PM ET

Kehoe James 4

Research Summary

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Updated

FIS CFO James Kehoe Receives Award; Withholds Shares for Taxes

What Happened

  • James Kehoe, Chief Financial Officer of Fidelity National Information Services (FIS), had restricted stock units vest on Feb 28, 2026. The filing reports a grant/award (A) of 41,209 RSUs that converted to common shares (transaction codes M/A with $0 per-share exercise price).
  • To satisfy withholding tax obligations, 2,488 shares were withheld at $51.05/share (value $127,012) and 2,558 shares were withheld at $51.05/share (value $130,586), totaling 5,046 shares withheld and $257,598 in tax withholding. Net shares issued to Kehoe from this vesting were approximately 36,163 (41,209 − 5,046).
  • The entries show conversion/exercise of derivative awards (code M) and the RSU award (code A). These were compensation-related conversions rather than open-market purchases or sales.

Key Details

  • Transaction date: February 28, 2026. Filing date (Form 4): March 9, 2026 — this appears to be filed late (Form 4 is typically due within two business days of the transaction).
  • Withheld shares for taxes: 2,488 shares ($127,012) and 2,558 shares ($130,586); total withheld = 5,046 shares; total withheld value ≈ $257,598 (at $51.05/share).
  • Award: 41,209 restricted stock units (each RSU = 1 share) vested/converted.
  • Net new shares received by insider from this vesting: ~36,163 shares.
  • Footnotes: F1 confirms shares were withheld to satisfy tax obligations; F2 notes each RSU equals one share; F3 indicates the RSUs vest in three equal annual installments (this filing reflects one such installment).
  • Shares owned after the transaction: not specified in the provided filing data.

Context

  • This was a compensation-related vesting (award/RSU conversion) with share withholding to cover taxes—commonly a routine corporate compensation event rather than an open-market buy or sale signaling personal investment decisions.
  • The derivative/convert entries at $0 reflect conversion of RSUs into shares rather than a cash purchase. The withholding is effectively a cashless cover of tax liability.