Fidelity National Information Services (NYSE: FIS) director receives 5,485 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lauer Gary L reported acquisition or exercise transactions in this Form 4 filing.
Fidelity National Information Services, Inc. director RSU grant: Director Gary L. Lauer received 5,485 restricted stock units as a compensation-related award. Each unit represents a contingent right to receive one share of FIS common stock.
The restricted stock units vest in full on June 15, 2027. Lauer elected to defer distribution of the vested common stock until the end of his service as a director, so actual shares will be delivered only when his board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lauer Gary L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,485 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,485 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of FIS common stock. These restricted stock units vest in full on June 15, 2027. The reporting person elected to defer distribution of the vested common stock until the end of service as a director.
Key Figures
RSUs granted: 5,485 units
Underlying shares: 5,485 shares
Grant price per unit: $0.00 per unit
+2 more
5 metrics
RSUs granted
5,485 units
Restricted stock unit award to director Gary L. Lauer
Underlying shares
5,485 shares
Common stock underlying the RSUs
Grant price per unit
$0.00 per unit
Compensation award with no purchase price
Shares after transaction
5,485 units
Total RSUs following this grant
Vesting date
June 15, 2027
Full vesting of restricted stock units
Key Terms
Restricted Stock Units, vest in full, defer distribution, contingent right
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of FIS common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest in full financial
"These restricted stock units vest in full on June 15, 2027."
defer distribution financial
"The reporting person elected to defer distribution of the vested common stock until the end of service as a director."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of FIS common stock."
FAQ
What insider transaction did FIS director Gary L. Lauer report on this Form 4?
Gary L. Lauer reported receiving 5,485 restricted stock units of Fidelity National Information Services as a grant. The award is compensation-related, carries no cash price per unit, and represents contingent rights to receive FIS common stock in the future.
How many restricted stock units did Gary L. Lauer receive from Fidelity National Information Services (FIS)?
Gary L. Lauer received 5,485 restricted stock units from Fidelity National Information Services. Each unit is linked to one share of FIS common stock, giving him a future right to receive 5,485 shares when the award ultimately settles.
When do Gary L. Lauer’s FIS restricted stock units vest?
The restricted stock units granted to Gary L. Lauer vest in full on June 15, 2027. Vesting means the award is no longer forfeitable, although share delivery can still be delayed depending on any deferral elections or plan terms tied to the grant.
What does Lauer’s deferral election mean for his FIS restricted stock units?
Lauer elected to defer distribution of the vested FIS common stock until the end of his service as a director. This means that even after vesting on June 15, 2027, the actual shares will be delivered only when his board service concludes.