Director at Fiserv (NYSE: FI) receives 5,913 restricted stock units
Rhea-AI Filing Summary
Nixon Gordon M. reported acquisition or exercise transactions in this Form 4 filing.
Fiserv Inc. director Gordon M. Nixon reported an equity compensation grant involving 5,913 restricted stock units, each representing a right to receive one share of Fiserv common stock. These units were awarded at no cash cost and increase his reported holdings to 10,156 shares or equivalent units.
The restricted stock units vest 100% on the earlier of the first anniversary of the grant date or immediately before the first annual meeting of shareholders after the grant date. This filing reflects a routine director compensation award rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insights
Routine director RSU grant; non-cash, compensation-related, and not a market trade.
Director Gordon M. Nixon received 5,913 restricted stock units (RSUs), each convertible into one share of Fiserv common stock. The grant was made at a price of $0.00 per unit, indicating a standard equity compensation award rather than a purchase.
The RSUs vest 100% on the earlier of the first anniversary of the grant date or immediately before the first annual meeting of shareholders after the grant date. Because this is a non-derivative, non-market transaction with no sale activity, it typically carries limited signaling value for near-term share price expectations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,913 | $0.00 | $0.00 |
Footnotes (1)
- F1. These restricted stock units each represent a contingent right to receive one share of Fiserv, Inc. common stock. The restricted stock units vest 100% on the earlier of: (i) the first anniversary of the grant date; or (ii) immediately prior to the first annual meeting of shareholders after the grant date.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
FAQ
What did Fiserv (FI) director Gordon M. Nixon report in this Form 4?
What are the vesting terms of the 5,913 restricted stock units at Fiserv (FI)?
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