Fiserv director granted 4,121 restricted stock units
DiSimone Harry reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DiSimone Harry reported acquisition or exercise transactions in this Form 4 filing.
Fiserv director Harry DiSimone reported an equity compensation grant of restricted stock units tied to the company’s common stock. He received 4,121 restricted stock units, each representing a contingent right to one Fiserv share. These 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.
Following this grant, DiSimone directly holds 21,519 shares of Fiserv common stock. In addition, 2,706 shares are held indirectly through the Harry DiSimone 2021 Irrevocable Exemption Trust for the benefit of family members, with those family members serving as trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 4,121 shares
Grant/Award
2 txns
Insider
DiSimone Harry
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,121 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,519 shares (Direct);
Common Stock — 2,706 shares (Indirect, By Trust)
Footnotes (2)
- 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.
- F2. Held by the Harry DiSimone 2021 Irrevocable Exemption Trust for the benefit of family members of the reporting person and of which such family members serve as trustee.
Key Figures
RSU grant size: 4,121 restricted stock units
Direct holdings after grant: 21,519 shares
Indirect trust holdings: 2,706 shares
+2 more
5 metrics
RSU grant size
4,121 restricted stock units
Grant to director Harry DiSimone
Direct holdings after grant
21,519 shares
Fiserv common stock held directly after transaction
Indirect trust holdings
2,706 shares
Held by Harry DiSimone 2021 Irrevocable Exemption Trust
RSU vesting trigger
100% vesting
Earlier of first anniversary or just before next annual meeting
RSU share ratio
1:1
Each restricted stock unit equals one Fiserv common share
Key Terms
restricted stock units, grant, award, or other acquisition, Irrevocable Exemption Trust, annual meeting of shareholders
4 terms
restricted stock units financial
"These restricted stock units each represent a contingent right to receive one share of Fiserv, Inc. common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Irrevocable Exemption Trust financial
"Held by the Harry DiSimone 2021 Irrevocable Exemption Trust for the benefit of family members"
FAQ
What did Fiserv (FI) director Harry DiSimone report in this Form 4?
Harry DiSimone reported an equity compensation grant of 4,121 restricted stock units. Each unit represents a contingent right to one Fiserv common share, increasing his reported direct holdings and reflecting standard director compensation rather than an open-market stock purchase.
How many Fiserv (FI) restricted stock units did Harry DiSimone receive?
He received 4,121 restricted stock units of Fiserv common stock. These units are granted at no cash cost and convert into shares only if vesting conditions are met, aligning director compensation with future company equity performance over the vesting period.
When do Harry DiSimone’s Fiserv (FI) restricted stock units vest?
The restricted stock units vest 100% on the earlier of the first anniversary of the grant date or immediately before the first annual shareholder meeting after the grant. This time-based vesting schedule is typical for director equity awards at large public companies.
Does this Fiserv (FI) Form 4 show any stock sales by Harry DiSimone?
No stock sales are reported in this Form 4. The filing reflects an acquisition classified as a grant or award of restricted stock units and a separate holding entry for shares in a family trust, without any open-market sale transactions disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
