Fiserv (FI) chief legal officer uses stock to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fiserv Inc. executive Adam L. Rosman disposed of shares to cover taxes on vested stock units. On February 21, 2026, he surrendered 1,455 shares of common stock at $61.47 per share, followed by 2,202 shares on February 22, 2026, also at $61.47 per share.
According to the footnote, both transactions reflect payment of tax liabilities by withholding shares when restricted stock units vested, rather than open-market sales. After these tax-withholding dispositions, Rosman directly owned 126,574 Fiserv common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rosman Adam L.
Role
Chief Admin. and Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,202 | $61.47 | $135K |
| Tax Withholding | Common Stock | 1,455 | $61.47 | $89K |
Holdings After Transaction:
Common Stock — 126,574 shares (Direct)
Footnotes (1)
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FAQ
What did Fiserv (FI) executive Adam Rosman report in this Form 4?
Adam Rosman reported disposing of Fiserv shares to cover tax liabilities from restricted stock unit vesting. The transactions involved withholding shares rather than open-market selling, and his direct ownership remained above 120,000 common shares after these events.
Were Adam Rosman’s Fiserv (FI) Form 4 transactions open-market sales?
No. The Form 4 states these were tax-withholding dispositions, coded “F,” where shares were withheld to pay tax liabilities from restricted stock unit vesting. The footnote confirms they were not discretionary open-market sales of Fiserv common stock.
What does transaction code “F” mean in Adam Rosman’s Fiserv (FI) Form 4?
Transaction code “F” indicates payment of exercise price or tax liability by delivering securities. In Rosman’s case, Fiserv shares were withheld when restricted stock units vested, covering his tax obligations instead of using cash or selling shares on the open market.