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Fiserv (NYSE: FI) director defers $38,750 into 695 stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Shedlin Gary reported acquisition or exercise transactions in this Form 4 filing.

Fiserv Inc. director Gary Shedlin increased his deferred equity-based compensation through a routine plan allocation. On March 31, 2026, he was credited 695 Deferred Compensation Notional Units tied to Fiserv common stock at a reference price of $55.80 per share.

The credit reflects $38,750 of director fees that were deferred under Fiserv’s Non-Employee Director Deferred Compensation Plan. Each notional unit is designed to be settled in one share of Fiserv common stock after his service with the company ends, aligning his compensation with long-term shareholder value without an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Shedlin Gary
Role Director
Type Security Shares Price Value
Grant/Award Deferred Compensation Notional Units 695 $55.80 $39K
Holdings After Transaction: Deferred Compensation Notional Units — 695 shares (Direct)
Footnotes (1)
  1. F1. These deferred compensation notional units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan (the "Plan"), under which director fees otherwise payable in cash may be deferred in exchange for the allocation of notional units under the Plan. This Form 4 reports the crediting of units under the Plan on March 31, 2026, in respect of $38,750 of deferred compensation. The number of notional units credited is calculated by dividing the amount of compensation that is deferred by the closing price of the company's common stock on the date of deferral, or last business day prior. On March 31, 2026, the closing price of Fiserv's common stock was $55.80 per share. Following cessation of the reporting person's service to the company, each notional unit will be settled in shares of Fiserv common stock on a one-for-one basis.
Deferred units granted 695 units Deferred Compensation Notional Units credited on March 31, 2026
Deferred compensation amount $38,750 Director fees converted into notional units under the plan
Reference stock price $55.80 per share Fiserv common stock closing price on March 31, 2026
Units after transaction 695 units Total Deferred Compensation Notional Units following the reported transaction
Underlying shares 695 shares Each notional unit corresponds to one share of common stock
Deferred Compensation Notional Units financial
"These deferred compensation notional units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan"
Non-Employee Director Deferred Compensation Plan financial
"allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan (the "Plan")"
deferred compensation financial
"director fees otherwise payable in cash may be deferred in exchange for the allocation of notional units"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
notional units financial
"allocation of notional units under the Plan"
one-for-one basis financial
"each notional unit will be settled in shares of Fiserv common stock on a one-for-one basis"

FAQ

What did Fiserv (FI) director Gary Shedlin report in this Form 4?
Director Gary Shedlin reported receiving 695 Deferred Compensation Notional Units. These units were credited under Fiserv’s Non-Employee Director Deferred Compensation Plan in exchange for deferring $38,750 of his director fees at a reference stock price of $55.80 per share.

How many Fiserv (FI) deferred compensation units were granted to Gary Shedlin?
Gary Shedlin was credited with 695 Deferred Compensation Notional Units. These represent deferred director fees converted into stock-based units, each linked one-for-one to Fiserv common shares and intended to be settled in stock after his service with the company ends.

What amount of compensation did Gary Shedlin defer into Fiserv (FI) notional units?
He deferred $38,750 of director compensation into Deferred Compensation Notional Units. The number of units was calculated by dividing this deferred amount by Fiserv’s closing common stock price of $55.80 on March 31, 2026, resulting in 695 units credited to his account.

At what price were Fiserv (FI) deferred compensation units calculated for Gary Shedlin?
The units were calculated using a Fiserv common stock closing price of $55.80 per share on March 31, 2026. Dividing $38,750 of deferred director fees by this price produced 695 Deferred Compensation Notional Units credited under the company’s director deferred compensation plan.

How will Gary Shedlin’s Fiserv (FI) deferred compensation units be settled?
Each Deferred Compensation Notional Unit will be settled in one share of Fiserv common stock. Settlement occurs after Gary Shedlin’s service to the company ceases, converting his accumulated notional units into actual Fiserv shares on a one-for-one basis under the plan’s terms.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Shedlin Gary
(Last)(First)(Middle)
600 N. VEL R. PHILLIPS AVENUE
(Street)
MILWAUKEE WISCONSIN 53203
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
FISERV INC [ FISV ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Compensation Notional Units(1)03/31/2026A695 (1) (1)Common Stock695$55.8(1)695D
Explanation of Responses:
1. These deferred compensation notional units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan (the "Plan"), under which director fees otherwise payable in cash may be deferred in exchange for the allocation of notional units under the Plan. This Form 4 reports the crediting of units under the Plan on March 31, 2026, in respect of $38,750 of deferred compensation. The number of notional units credited is calculated by dividing the amount of compensation that is deferred by the closing price of the company's common stock on the date of deferral, or last business day prior. On March 31, 2026, the closing price of Fiserv's common stock was $55.80 per share. Following cessation of the reporting person's service to the company, each notional unit will be settled in shares of Fiserv common stock on a one-for-one basis.
Remarks:
/s/ Eric C. Nelson (attorney-in-fact)04/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR