FI director defers $32,500, receives 253 notional units at $128.93
Rhea-AI Filing Summary
Director Henrique De Castro had 253 deferred compensation notional units credited on 09/30/2025 under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan in respect of $32,500 of deferred fees. The number of units was calculated by dividing the deferred cash amount by Fiserv's closing common stock price on the deferral date, which was $128.93 per share. Each notional unit will be settled on a one-for-one basis in shares of Fiserv common stock after the reporting person's service ends. The Form 4 is filed by a single reporting person and was signed by an attorney-in-fact on 10/02/2025.
Positive
- 253 notional units were credited, reflecting deferred compensation of $32,500
- Notional units will be settled one-for-one into Fiserv common stock after service ends
- Transaction follows the company’s Non-Employee Director Deferred Compensation Plan formula using the closing price
Negative
- None.
Insights
Director deferred fees converted to 253 notional units at $128.93 per share.
The filing documents the crediting of 253 notional units under the company's Non-Employee Director Deferred Compensation Plan for $32,500 of deferred director fees on 09/30/2025. This reflects the routine use of equity-indexed deferrals to align director compensation with shareholder outcomes.
The units convert one-for-one into common shares after the director leaves service, meaning the eventual share issuance is tied to tenure rather than an immediate open-market transaction. There are no sales or derivative exercises reported in this Form 4.
FAQ
What did Henrique De Castro report on the Form 4 for Fiserv (FI)?
How was the number of notional units calculated?
When will the notional units be settled into shares?
Did the Form 4 report any sales or option exercises?
Who signed the Form 4 and when was it filed?