Toohey Robert 4/A
Research Summary
AI-generated summary
FIS EVP Robert Toohey Receives 49,058 RSUs; 1,828 Shares Withheld
What Happened
- Robert Toohey, Executive Vice President and Chief People Officer of Fidelity National Information Services (FIS), received a grant of 49,058 restricted stock units (RSUs) on 2026-02-28 and, on the same date, 1,828 shares were surrendered/withheld to cover taxes (reported as a disposition) at $51.05 per share for proceeds of $93,319. The RSU award is reported as a derivative grant (code A) and the withholding as code F.
Key Details
- Transaction date: 2026-02-28.
- Withholding sale: 1,828 shares disposed at $51.05 each = $93,319 (code F — tax withholding/payment).
- Award: 49,058 RSUs granted @ $0.00 (derivative; code A). Each RSU represents the right to one share (see footnote).
- Vesting: RSUs vest in three equal annual installments beginning on each anniversary of the grant (footnote).
- Filing: This is an amended Form 4 filed 2026-03-30. The original Form 4 was filed 2026-03-09 and is being amended to correct administrative errors in previously reported share counts (see footnote F1).
- Shares beneficially owned after the transaction: not specified in the provided excerpt — see the amended Form 4 for updated totals.
Context
- The RSUs are a compensation grant (not an open-market purchase). The withholding of 1,828 shares (code F) is a common method to satisfy tax liabilities upon vesting/settlement and is treated as a disposition for reporting purposes.
- The amendment corrects previously reported ownership and award counts (the original filing misstated certain share numbers). The original filing date (Mar 9) was after the usual two-business-day Form 4 reporting window for a Feb 28 transaction; the company filed an amended Form 4 on Mar 30 to fix the errors.