Fiserv director awarded 673 deferred stock units
Mamilli Wafaa reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Mamilli Wafaa reported acquisition or exercise transactions in this Form 4 filing.
Fiserv Inc. director Wafaa Mamilli received 673 Deferred Compensation Notional Units tied to Fiserv common stock as a compensation grant. The units were credited on March 31, 2026 under the Non-Employee Director Deferred Compensation Plan in respect of $37,500 of deferred director fees, using the $55.80 closing share price.
Each notional unit represents one share of Fiserv common stock to be delivered after Mamilli’s service with the company ends, increasing her deferred units balance to 1,875. This is a compensation-related award, not an open-market stock purchase.
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Insider Trade Summary
Grant/Award: 673 shares
Grant/Award
1 txn
Insider
Mamilli Wafaa
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation Notional Units | 673 | $55.80 | $38K |
Holdings After Transaction:
Deferred Compensation Notional Units — 1,875 contracts (Direct)
Footnotes (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 $37,500 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.
Key Figures
Deferred units granted: 673 units
Closing share price: $55.80 per share
Deferred compensation amount: $37,500
+1 more
4 metrics
Deferred units granted
673 units
Deferred Compensation Notional Units credited March 31, 2026
Closing share price
$55.80 per share
Fiserv common stock closing price on March 31, 2026
Deferred compensation amount
$37,500
Director fees deferred into notional units under the Plan
Units after transaction
1,875 units
Total Deferred Compensation Notional Units following the grant
Key Terms
Deferred Compensation Notional Units, Non-Employee Director Deferred Compensation Plan, deferred compensation, notional units
4 terms
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"
FAQ
What did FI director Wafaa Mamilli report in this Form 4 filing?
Wafaa Mamilli reported receiving 673 Deferred Compensation Notional Units as a compensation grant. These units were credited under Fiserv’s Non-Employee Director Deferred Compensation Plan instead of taking $37,500 of director fees in cash on March 31, 2026.
How were the 673 notional units for FI calculated for Wafaa Mamilli?
The 673 notional units were calculated by dividing $37,500 of deferred director compensation by Fiserv’s $55.80 closing common stock price. That closing price on March 31, 2026 determined how many notional units were credited under the deferred compensation plan.
Are Wafaa Mamilli’s 673 FI notional units an open-market stock purchase?
No, the 673 notional units are a compensation-related grant, not an open-market stock purchase. They reflect director fees deferred into the Fiserv Non-Employee Director Deferred Compensation Plan rather than cash, based on the company’s March 31, 2026 closing share price.
How many FI notional units does Wafaa Mamilli hold after this transaction?
After this transaction, Mamilli holds 1,875 Deferred Compensation Notional Units. The 673 new units credited on March 31, 2026 were added to her prior balance, increasing the total deferred units that will eventually be settled in Fiserv common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
