Does this Fiserv Form 4 reflect equity compensation or open-market share purchases?

The transactions reflect equity compensation in the form of restricted stock units granted at $0 per share, rather than open-market purchases.

Fiserv insider reports 12,228 RSUs, holdings at 51,124 shrs

Q: How many Fiserv shares or units did the officer acquire in this filing?

The officer acquired 6,522 restricted stock units and an additional 5,706 restricted stock units, both reported as common stock at a price of $0 per share.

Fiserv Inc. reported an insider equity grant by its Chief Accounting Officer on a Form 4.

Filing Impact

(Neutral)

Filing Sentiment

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Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

Fiserv Inc. reported an insider equity grant by its Chief Accounting Officer on a Form 4. On 11/18/2025, the officer acquired 6,522 restricted stock units and an additional 5,706 restricted stock units, both recorded as common stock at a price of $0 per share. After these awards, the officer beneficially owns 51,124 shares of common stock.

According to the footnotes, one-third of one award of restricted stock units vests on each anniversary of the grant date, while the other award fully vests on the 18‑month anniversary of the grant date. These grants represent equity compensation rather than open‑market purchases.

Insider Trade Summary

Grant/Award: 12,228 shares

Grant/Award 2 txns

Insider Best Kenneth

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,522	$0.00	$0.00
Grant/Award	Common Stock	5,706	$0.00	$0.00

Holdings After Transaction: Common Stock — 51,124 shares (Direct)

Footnotes (2)

F1. One-third of these restricted stock units vest on each anniversary of the grant date.
F2. These restricted stock units fully vest on the 18-month anniversary of the grant date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Fiserv (FISV) report on this Form 4?

The Form 4 reports that Fiserv Inc.'s Chief Accounting Officer acquired restricted stock units representing shares of the company’s common stock as equity compensation.

How many Fiserv shares or units did the officer acquire in this filing?

The officer acquired 6,522 restricted stock units and an additional 5,706 restricted stock units, both reported as common stock at a price of $0 per share.

What is the officer's total beneficial ownership after the reported Fiserv transaction?

Following the reported awards, the officer beneficially owns 51,124 shares of Fiserv common stock.

How do the newly granted Fiserv restricted stock units vest?

One grant vests one-third on each anniversary of the grant date, and the other grant fully vests on the 18‑month anniversary of the grant date.

Who is the reporting person in this Fiserv Form 4 filing?

The reporting person is an officer of Fiserv Inc., serving as the Chief Accounting Officer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 11/19/2025 - 06:18 PM EST

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Best Kenneth

(Last)

(First)

(Middle)

600 N. VEL R. PHILLIPS AVENUE

(Street)

MILWAUKEE

53203

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
FISERV INC [ FISV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/18/2025		A		6,522⁽¹⁾	A	$0	45,418	D
Common Stock	11/18/2025		A		5,706⁽²⁾	A	$0	51,124	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. One-third of these restricted stock units vest on each anniversary of the grant date.

2. These restricted stock units fully vest on the 18-month anniversary of the grant date.

Remarks:

	/s/ Eric C. Nelson (attorney-in-fact)	11/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR