FI Director Elects $56,250 Fee Deferral Into 437 Notional Units

Rhea-AI Filing Summary

Simons Doyle, a director of Fiserv, Inc. (FI), had 437 deferred compensation notional units credited under the company’s Non-Employee Director Deferred Compensation Plan on 09/30/2025. Those units reflect $56,250 of fees the director elected to defer and were calculated by dividing the deferred amount by the closing stock price of $128.93 on the deferral date. The form reports that each notional unit will be settled one-for-one in Fiserv common stock after the director’s service ends. Following the allocation, the reporting person is shown as beneficially owning 45,038 shares directly.

Positive

• Director fee deferral of $56,250 increases executive equity alignment
• Notional units (437) convert 1-for-1 to shares, preserving long-term ownership incentives
• Reporting person holds 45,038 shares directly after the allocation

Negative

• None.

Insights

Corporate Governance Analyst

Director deferred fees into equity, aligning pay with shareholder outcomes.

Allocation of 437 notional units equal to $56,250 shows the director elected to take fees as equity exposure rather than cash. The units convert 1-for-1 into shares upon cessation of service, maintaining long-term alignment.

This is a routine disclosure under Section 16 reporting rules and does not indicate a change in control or new compensation plan; it documents normal director compensation election and current direct ownership of 45,038 shares.

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).

1. Name and Address of Reporting Person^*

Simons Doyle

(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 [ FI ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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

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)	09/30/2025		A		437		(1)	(1)	Common Stock	437	$128.93(1)	45,038	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 September 30, 2025, in respect of $56,250 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 September 30, 2025, the closing price of Fiserv's common stock was $128.93 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)	10/02/2025
	** 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.

FAQ

What did Simons Doyle report on Form 4 for Fiserv (FI)?

The Form 4 reports the crediting of 437 deferred compensation notional units on 09/30/2025, reflecting $56,250 deferred.

How was the number of notional units calculated?

The number of units was calculated by dividing the deferred cash amount ($56,250) by the closing stock price on the deferral date ($128.93).

When do the notional units convert to Fiserv shares?

Each notional unit will be settled in shares of Fiserv common stock on a one-for-one basis following cessation of the reporting person’s service to the company.

How many Fiserv shares does the reporting person own after this transaction?

The Form 4 shows the reporting person beneficially owns 45,038 shares following the transaction.

What was the closing price used for the deferral calculation?

The closing price used was $128.93 per share on 09/30/2025.