Fidelity National Information Services, Inc.·4

Mar 9, 8:06 PM ET

Toohey Robert 4

Research Summary

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FIS EVP Robert Toohey Receives RSU Award, Withholds Shares

What Happened

  • Robert Toohey, EVP and Chief People Officer of Fidelity National Information Services (FIS), had a compensation-related equity event on 2026-02-28. The filing shows a conversion/exercise of 7,220 derivative units into common shares, 1,828 of those shares were withheld to satisfy tax withholding (priced at $51.05 each, totaling $93,319), and he was granted 39,246 restricted stock units (RSUs). The withholding is a routine tax payment rather than an open-market sale.

Key Details

  • Transaction date: 2026-02-28; filing date: 2026-03-09 (filed 9 days after the transaction — appears late vs. the typical 2-business-day Form 4 window).
  • Conversion/exercise: 7,220 derivative units converted into shares (code M).
  • Tax withholding: 1,828 shares withheld at $51.05 each to cover taxes (code F) — total value withheld $93,319.
  • Grant: 39,246 RSUs awarded (code A); each RSU equals the right to one share (footnote F2).
  • Vesting: the RSU award vests in three equal annual installments starting on each anniversary (footnote F3).
  • Shares owned after the transaction: not specified in the Form 4.
  • Footnotes: F1 = withholding to satisfy tax on RSU vesting; F2/F3 = RSU definition and vesting schedule.

Context

  • This filing reflects a routine compensation/vesting event (award and conversion) rather than a market buy or strategic sale. The withheld shares represent a cashless tax withholding to satisfy payroll/tax obligations, a common practice when RSUs vest. The newly granted 39,246 RSUs are contingent and will vest over time per the stated schedule.