Ferris Stephanie 4
4 · Fidelity National Information Services, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
FIS CEO Stephanie Ferris Receives Awards and Exercises Equity
What Happened
- Stephanie Ferris, CEO and President of Fidelity National Information Services (FIS), had performance- and restricted-equity awards vest/convert on Feb 28, 2026. Gross issuances/conversions totaled 239,713 shares. To satisfy tax withholding obligations, 41,393 shares were withheld (disposed) at $51.05 per share, producing approximately $2,113,113 in withholding. The transactions are routine equity vesting/conversions rather than open-market purchases or discretionary sales.
Key Details
- Transaction date: February 28, 2026. Filing date: March 9, 2026 (filed 9 days after the transactions).
- Gross shares issued/converted: 239,713 (aggregated from multiple award vestings/conversions).
- Shares withheld for taxes (disposed): 41,393 shares at $51.05 / share; total withheld value ≈ $2,113,113.
- Breakdown of withheld share counts in the filing: 10,475; 8,694; 9,959; 12,265.
- Net new shares to Ferris after withholding: ~198,320 shares (239,713 gross − 41,393 withheld).
- Notable footnotes:
- F1: These shares vested upon satisfaction of time and performance conditions for PSUs granted Feb 28, 2023 (3‑year performance period ended Dec 31, 2025).
- F2/F3: The listed disposals reflect shares withheld to satisfy tax withholding.
- F4–F6: Restricted stock units (RSUs) represent rights to one share each; some RSUs vested in full, others vest in annual installments per the footnotes.
- Filing timeliness: The Form 4 was filed more than a week after the Feb 28 transactions (appears late relative to the usual 2-business-day Form 4 requirement).
Context
- These transactions reflect company equity awards vesting and the typical cashless withholding of shares to cover tax obligations. This is a routine, non‑open‑market event and does not by itself signal a purchase or sale decision by the insider.
- For derivative-related entries: the filing shows exercises/conversions of performance/restricted units into common stock, with shares subsequently withheld to meet tax liabilities (a common practice).
Insider Transaction Report
Form 4
Ferris Stephanie
CEO and President
Transactions
- Award
Common Stock
[F1]2026-02-28+34,086→ 224,798 total - Tax Payment
Common Stock
[F2]2026-02-28$51.05/sh−10,475$534,749→ 214,323 total - Exercise/Conversion
Common Stock
2026-02-28+22,093→ 236,416 total - Tax Payment
Common Stock
[F3]2026-02-28$51.05/sh−8,694$443,829→ 227,722 total - Exercise/Conversion
Common Stock
2026-02-28+25,307→ 253,029 total - Tax Payment
Common Stock
[F3]2026-02-28$51.05/sh−9,959$508,407→ 243,070 total - Exercise/Conversion
Common Stock
2026-02-28+31,167→ 274,237 total - Tax Payment
Common Stock
[F3]2026-02-28$51.05/sh−12,265$626,128→ 261,972 total - Award
Restricted Stock Units
[F4][F6]2026-02-28+127,060→ 127,060 total→ Common Stock (127,060 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F5]2026-02-28−22,093→ 0 total→ Common Stock (22,093 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F6]2026-02-28−25,307→ 25,308 total→ Common Stock (25,307 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F6]2026-02-28−31,167→ 62,335 total→ Common Stock (31,167 underlying)
Footnotes (6)
- [F1]Shares vested on February 28, 2026 upon satisfaction of the time and performance vesting conditions for performance share units granted on February 28, 2023, which shares were earned based on achievement of performance goals for such PSUs for a single three-year performance measurement period ending on December 31, 2025.
- [F2]These shares were withheld upon the vesting of performance stock units to pay tax withholding obligations.
- [F3]These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
- [F4]Each restricted stock unit represents a contingent right to receive one share of FIS common stock.
- [F5]These restricted stock units vested in full.
- [F6]The restricted stock unit vests in three equal annual installments commencing on each anniversary date.
Signature
/s/ Caroline Tsai, attorney-in-fact for Stephanie Ferris|2026-03-09