Fiserv Director Defers $56,250 Into 437 Units; Holds 45,038 Shares
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.
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
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation Notional Units | 437 | $128.93 | $56K |
Footnotes (1)
- F1. 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.
FAQ
What did Simons Doyle report on Form 4 for Fiserv (FI)?
How was the number of notional units calculated?
What was the closing price used for the deferral calculation?
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