Fidelity National (NYSE: FIS) chair acquires 1,197 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fidelity National Information Services director Jeffrey A. Goldstein reported an open-market purchase of FIS common stock. He acquired 1,197 shares at $47.39 per share and now directly holds 15,726 shares after the transaction.
According to the filing, Goldstein elected to receive FIS stock instead of his quarterly cash retainer as Independent Chairman of the Board. The purchase was executed under a Rule 10b5-1 trading plan, indicating it was pre-arranged as part of a scheduled compensation-related program rather than a discretionary market-timing trade.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 1,197 shares ($56,726)
Net Buy
1 txn
Insider
Goldstein Jeffrey A
Role
Director
Bought
1,197 shs ($57K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,197 | $47.39 | $57K |
Holdings After Transaction:
Common Stock — 15,726 shares (Direct)
Footnotes (1)
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Key Figures
Shares purchased: 1,197 shares
Purchase price: $47.39 per share
Shares held after transaction: 15,726 shares
+1 more
4 metrics
Shares purchased
1,197 shares
Open-market purchase of FIS common stock
Purchase price
$47.39 per share
Price paid for FIS common stock
Shares held after transaction
15,726 shares
Direct ownership after reported Form 4 trade
Net buy shares
1,197 shares
Net buy direction in transaction summary
Key Terms
open-market purchase, Rule 10b5-1 trading plan, Independent Chairman of the Board of Directors, Form 4
4 terms
open-market purchase financial
"He acquired 1,197 shares at $47.39 per share in an open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Rule 10b5-1 trading plan regulatory
"The purchase was transacted under a 10b5-1 plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Independent Chairman of the Board of Directors financial
"paid to him as Independent Chairman of the Board of Directors"
Form 4 regulatory
"This transaction was disclosed on a Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Jeffrey A. Goldstein report for Fidelity National Information Services (FIS)?
Jeffrey A. Goldstein reported buying 1,197 shares of FIS common stock in an open-market transaction at $47.39 per share. This transaction was disclosed on a Form 4 and reflects stock received instead of a quarterly cash retainer as Independent Chairman.
At what price did Jeffrey A. Goldstein purchase Fidelity National Information Services (FIS) shares?
Jeffrey A. Goldstein purchased FIS common stock at $47.39 per share. The Form 4 shows he acquired 1,197 shares at this price in an open-market transaction executed as part of his election to take stock instead of a cash retainer.
Was Jeffrey A. Goldstein’s FIS stock purchase made under a Rule 10b5-1 plan?
Yes, the filing states the FIS stock purchase was transacted under a Rule 10b5-1 plan. This indicates the trade was pre-arranged according to a predetermined schedule, reducing the significance of trade timing as an indicator of his short-term market outlook.
Why did Jeffrey A. Goldstein receive Fidelity National Information Services (FIS) stock instead of cash?
Goldstein elected to receive FIS stock in lieu of his quarterly cash retainer as Independent Chairman of the Board. The Form 4 notes that this choice converted his director cash compensation into shares, acquired via an open-market purchase under a pre-established 10b5-1 plan.