FIS Reports Material Agreement, Asset Deal, Officer Comp Changes

Ticker: FIS · Form: 8-K · Filed: 2024-02-01T00:00:00.000Z

Sentiment: mixed

Topics: material-agreement, acquisition-disposition, executive-compensation, corporate-governance

TL;DR

**FIS just dropped an 8-K about a big deal, asset changes, and officer pay, so watch for strategic shifts.**

AI Summary

Fidelity National Information Services, Inc. (FIS) filed an 8-K on February 1, 2024, reporting events from January 30, 2024. This filing indicates the company's entry into a material definitive agreement, completion of an acquisition or disposition of assets, and changes in compensatory arrangements for certain officers. For investors, this matters because significant agreements and asset changes can impact future revenue, expenses, and strategic direction, while officer compensation changes might signal shifts in executive incentives or performance expectations.

Why It Matters

This filing signals strategic shifts for FIS, potentially impacting its financial health and future growth prospects through new agreements, asset reconfigurations, and executive incentives.

Risk Assessment

Risk Level: medium — The filing indicates significant corporate actions (material agreements, asset changes, officer compensation) without providing specific details, creating uncertainty about their financial impact.

Analyst Insight

A smart investor would monitor subsequent filings and earnings calls from Fidelity National Information Services, Inc. for specific details on the material definitive agreement and asset changes, as these will clarify the financial impact and strategic direction. Pay close attention to any commentary on the rationale behind these moves and their expected contribution to future performance.

Key Players & Entities

Forward-Looking Statements

FAQ

What specific types of events did Fidelity National Information Services, Inc. report in this 8-K filing?

Fidelity National Information Services, Inc. reported an Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, and Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers, as well as Regulation FD Disclosure and Financial Statements and Exhibits.

What was the earliest date of the events reported in this 8-K filing?

The earliest date of the events reported in this 8-K filing was January 30, 2024.

When was this 8-K filing submitted to the SEC?

This 8-K filing was submitted to the SEC on February 1, 2024.

What is the Commission File Number for Fidelity National Information Services, Inc.?

The Commission File Number for Fidelity National Information Services, Inc. is 001-16427.

What is the state of incorporation for Fidelity National Information Services, Inc.?

Fidelity National Information Services, Inc. is incorporated in Georgia.

From the Filing

0001193125-24-021392.txt : 20240201 0001193125-24-021392.hdr.sgml : 20240201 20240201071304 ACCESSION NUMBER: 0001193125-24-021392 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 19 CONFORMED PERIOD OF REPORT: 20240130 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240201 DATE AS OF CHANGE: 20240201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Fidelity National Information Services, Inc. CENTRAL INDEX KEY: 0001136893 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 371490331 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16427 FILM NUMBER: 24585020 BUSINESS ADDRESS: STREET 1: 347 RIVERSIDE AVENUE CITY: JACKSONVILLE STATE: FL ZIP: 32202 BUSINESS PHONE: 407-551-8315 MAIL ADDRESS: STREET 1: 347 RIVERSIDE AVENUE CITY: JACKSONVILLE STATE: FL ZIP: 32202 FORMER COMPANY: FORMER CONFORMED NAME: CERTEGY INC DATE OF NAME CHANGE: 20010607 FORMER COMPANY: FORMER CONFORMED NAME: EQUIFAX PS INC DATE OF NAME CHANGE: 20010315 8-K 1 d761353d8k.htm FORM 8-K Form 8-K false 0001136893 0001136893 2024-01-30 2024-01-30 0001136893 fis:CommonStockParValue001PerShareMember 2024-01-30 2024-01-30 0001136893 fis:OnePointOneZeroZeroPercentSeniorNotesDueTwoThousandTwentyFourMember 2024-01-30 2024-01-30 0001136893 fis:ZeroPointSixTwoFivePercentSeniorNotesDueTwoThousandTwentyFiveMember 2024-01-30 2024-01-30 0001136893 fis:OnePointFiveZeroZeroPercentSeniorNotesDueTwoThousandTwentySevenMember 2024-01-30 2024-01-30 0001136893 fis:OnePointZeroZeroZeroPercentSeniorNotesDueTwoThousandTwentyEightMember 2024-01-30 2024-01-30 0001136893 fis:TwoPointTwoFiveZeroPercentSeniorNotesDueTwoThousandTwentyNineMember 2024-01-30 2024-01-30 0001136893 fis:TwoPointZeroZeroZeroPercentSeniorNotesDueTwoThousandThirtyMember 2024-01-30 2024-01-30 0001136893 fis:ThreePointThreeSixZeroPercentSeniorNotesDueTwoThousandThirtyOneMember 2024-01-30 2024-01-30 0001136893 fis:TwoPointNineFiveZeroPercentSeniorNotesDueTwoThousandThirtyNineMember 2024-01-30 2024-01-30     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 30, 2024     Fidelity National Information Services, Inc. (Exact Name of Registrant as Specified in its Charter)       Georgia   1-16427   37-1490331 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   347 Riverside Avenue Jacksonville , Florida   32202 (Address of Principal Executive Offices)   (Zip Code) Registrants’ Telephone Number, including Area Code: (904) 438-6000 N/A (Former Name or Former Address, if Changed Since Last Report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   ☐ Securities registered pursuant to Section 12(b) of the Act   Title of each class  

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