Fiserv (NYSE: FI) CAO reports RSU tax-withholding share disposals

Rhea-AI Filing Summary

Fiserv Inc.'s Chief Accounting Officer Kenneth Best reported two share dispositions related to tax withholding, not open-market sales. On February 21, 2026, 642 shares of common stock were withheld at $61.47 per share to cover tax liabilities from vesting restricted stock units. On February 22, 2026, an additional 802 shares were similarly withheld at $61.47 per share. After these transactions, Best directly owned 65,117 shares of Fiserv common stock.

Insights

Equity compensation and governance analyst

These are routine tax-withholding dispositions tied to RSU vesting, not open-market selling.

The transactions show Kenneth Best, Chief Accounting Officer of Fiserv Inc., delivering shares to satisfy tax liabilities when restricted stock units vested. The Form 4 uses code F, and the footnote confirms the shares were withheld for tax payment, a standard equity-compensation mechanism.

Because the dispositions are not discretionary open-market sales, they provide limited insight into management’s view of the stock. Following these events, Best’s direct holdings remain sizable at 65,117 shares, so the filing mainly documents normal administrative treatment of equity awards rather than a change in investment stance.

Insider Trade Summary

Net Seller: 1,444 shares

Net Sell 2 txns

Insider Best Kenneth

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	802	$61.47	$49K
Exercise Price or Tax Liability	Common Stock	642	$61.47	$39K

Holdings After Transaction: Common Stock — 65,117 shares (Direct)

Footnotes (1)

1. F1. Reflects payment of tax liability by withholding securities incident to vesting of restricted stock units.

FAQ

What insider transactions did Fiserv (FI) report for Kenneth Best?

Fiserv reported that Chief Accounting Officer Kenneth Best disposed of shares to cover taxes from restricted stock unit vesting. Two transactions on February 21 and 22, 2026, used shares withheld at $61.47 each, rather than open-market sales, to satisfy tax obligations.

How many Fiserv shares were withheld for Kenneth Best’s tax liabilities?

A total of 1,444 Fiserv common shares were withheld for tax liabilities, with 642 shares on February 21, 2026, and 802 shares on February 22, 2026. Both transactions used a price of $61.47 per share for the tax-withholding calculation.

Are Kenneth Best’s Fiserv share dispositions open-market sales?

The dispositions are not open-market sales. The Form 4 uses transaction code F and a footnote explains the shares were withheld to pay tax liabilities upon restricted stock unit vesting, a routine equity compensation practice rather than a discretionary share sale.

How many Fiserv shares does Kenneth Best own after these transactions?

After the reported tax-withholding transactions, Kenneth Best directly owns 65,117 shares of Fiserv common stock. This figure reflects his remaining direct holdings following the 642-share and 802-share dispositions used to satisfy tax obligations tied to vested restricted stock units.

What does transaction code F mean in the Fiserv Form 4 for Kenneth Best?

Transaction code F indicates payment of a tax liability or exercise price by delivering securities rather than cash. In this case, Fiserv reports that Kenneth Best’s restricted stock unit vesting triggered tax obligations that were settled through share withholding at $61.47 per share.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/23/2026 - 04:17 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Best Kenneth

(Last) (First) (Middle)

600 N. VEL R. PHILLIPS AVENUE

(Street)

MILWAUKEE WI 53203

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FISERV INC [ FISV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/21/2026		F		642(1)	D	$61.47	65,919	D
Common Stock	02/22/2026		F		802(1)	D	$61.47	65,117	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects payment of tax liability by withholding securities incident to vesting of restricted stock units.

Remarks:

	/s/ Eric C. Nelson (attorney-in-fact)	02/23/2026
	** Signature of Reporting Person	Date
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).
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