182,512-share equity award to Fiserv (NYSE: FI) co-president
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fiserv Inc. Co-President Panagiotis Georgakopoulos reported receiving an equity award of 182,512 shares of common stock at no cost. The award is in the form of restricted stock units, with one-third of the units vesting on each anniversary of the grant date. Following this grant/award acquisition, his directly owned common stock holdings increased to 253,774 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GEORGAKOPOULOS PANAGIOTIS
Role
Co-President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 182,512 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 253,774 shares (Direct)
Footnotes (1)
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FAQ
What equity award did Fiserv (FI) Co-President Panagiotis Georgakopoulos receive?
Panagiotis Georgakopoulos received an award of 182,512 shares of Fiserv common stock. The award is structured as restricted stock units that convert into shares over time, reflecting part of his equity-based compensation.
How do the new restricted stock units for Fiserv (FI) vest?
The restricted stock units vest in three equal installments over three years. One-third of the units vests on each anniversary of the grant date, aligning Georgakopoulos’s equity compensation with a multi-year service period.
What role does the reporting person hold at Fiserv (FI) in this Form 4?
The reporting person, Panagiotis Georgakopoulos, serves as Co-President at Fiserv Inc. His officer status is disclosed in the filing, and the reported equity award forms part of his compensation as a senior executive of the company.