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Fidelity Chairman Foley Registers to Sell Shares

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Dow Jones

William P. Foley II, chairman of Fidelity National Financial Inc., registered to sell 101,000 shares of the company’s common stock, according to a document filed with the Securities and Exchange Commission.

A sale of all those shares would raise $2.1 million at Monday’s closing price of $20.81 a share, which was a drop of 38 cents from Friday’s close.

Foley listed the likely sale dates as Oct. 10 to December, though the filing is not a commitment to sell any shares. The broker was listed as Merrill Lynch.

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Fidelity National operates the nation’s largest title insurance company and also has a small stake in CKE Restaurants Inc., which Foley and an investor group control.

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