Fiserv (NYSE: FI) director converts $37,500 fees into 673 stock units

Rhea-AI Filing Summary

Gopal Ajei reported acquisition or exercise transactions in this Form 4 filing.

Fiserv director Ajei Gopal received a grant of 673 Deferred Compensation Notional Units on March 31, 2026 under the company’s Non-Employee Director Deferred Compensation Plan. The units were credited in respect of $37,500 of fees the director chose to defer.

The number of units was calculated by dividing the deferred amount by Fiserv’s common stock closing price of $55.80 on March 31, 2026. Each notional unit will later be settled one-for-one in shares of Fiserv common stock after the director’s service ends, bringing his total deferred units to 2,279.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gopal Ajei

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Compensation Notional Units	673	$55.80	$38K

Holdings After Transaction: Deferred Compensation Notional Units — 2,279 shares (Direct)

Footnotes (1)

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Key Figures

Deferred compensation amount: $37,500 Notional units granted: 673 units Stock closing price: $55.80 per share +2 more

5 metrics

Deferred compensation amount $37,500 Director fees converted into notional units on March 31, 2026

Notional units granted 673 units Deferred Compensation Notional Units credited on March 31, 2026

Stock closing price $55.80 per share Fiserv common stock closing price on March 31, 2026

Total units after grant 2,279 units Deferred Compensation Notional Units held following the transaction

Settlement ratio 1 unit : 1 share Each notional unit will be settled in one Fiserv common share

Key Terms

Deferred Compensation Notional Units, Non-Employee Director Deferred Compensation Plan, notional units, deferred compensation, +1 more

5 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")"

notional units financial

"in exchange for the allocation of notional units under the Plan"

deferred compensation financial

"in respect of $37,500 of deferred compensation"

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.

closing price financial

"calculated by dividing the amount of compensation that is deferred by the closing price of the company's common stock"

Form 4 Insider Transactions: What Each Field Means →

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^*

Gopal Ajei

(Last) (First) (Middle)

600 N. VEL R. PHILLIPS AVENUE

(Street)

MILWAUKEE WISCONSIN 53203

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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

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

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

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

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
Deferred Compensation Notional Units	(1)	03/31/2026		A		673		(1)	(1)	Common Stock	673	$55.8(1)	2,279	D

Explanation of Responses:

1. 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.

Remarks:

	/s/ Eric C. Nelson (attorney-in-fact)	04/02/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Fiserv (FI) director Ajei Gopal report in this Form 4?

Director Ajei Gopal reported receiving 673 Deferred Compensation Notional Units on March 31, 2026. These units reflect deferred director fees, not an open-market stock purchase, and will convert into Fiserv common shares after his board service ends.

How was the number of deferred compensation units for Fiserv (FI) calculated?

The 673 notional units were calculated by dividing $37,500 of deferred director fees by Fiserv’s closing common stock price of $55.80 on March 31, 2026. This formula is defined under the company’s Non-Employee Director Deferred Compensation Plan.

What does one-for-one settlement mean for Fiserv (FI) deferred units?

Each deferred compensation notional unit will be settled one-for-one in Fiserv common stock after the director’s service ends. That means the 2,279 total units credited to Ajei Gopal correspond to 2,279 future shares, delivered at settlement rather than now.

Is the Fiserv (FI) Form 4 transaction a stock purchase or compensation grant?

The filing reflects a compensation-related grant, not an open-market purchase. Director fees of $37,500 were voluntarily deferred and converted into 673 notional units based on Fiserv’s $55.80 closing stock price on March 31, 2026.

How many deferred units does the Fiserv (FI) director hold after this transaction?

After this transaction, director Ajei Gopal holds a total of 2,279 Deferred Compensation Notional Units. These units represent deferred cash fees and will eventually convert into the same number of Fiserv common shares upon the end of his board service.