FNF Director Douglas K. Ammerman Receives Phantom Stock Award

What Happened
Douglas K. Ammerman, a director of Fidelity National Financial (FNF), was granted 344.134 phantom shares on 2026-03-31. The grant is reported at a per-unit valuation of $46.38, for a total reported value of approximately $15,961. This was an award under a deferred compensation arrangement (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and valuation: 2026-03-31; 344.134 phantom shares @ $46.38 each (total ~$15,961).
• Transaction type: Grant/Award of derivative units (phantom stock) under the Deferred Compensation Plan (code A).
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes from the filing:
  • F1: Phantom stock acquired pursuant to the Deferred Compensation Plan.
  • F2: Each phantom share is the economic equivalent of one FNF common share.
  • F3: Phantom shares are payable in cash following the reporting person's termination of service as a director.
• Filing timeliness: Reported on 2026-04-01 (filed the business day after the grant); filing appears timely.

Context
Phantom stock is a cash‑settled derivative that tracks the economic value of company shares; it does not transfer voting rights or actual shares and will be paid in cash after the director leaves service. Such deferred-compensation awards are routine for board members and are not the same signal as an outright purchase of common stock.