Fiserv (FI) director Celine Dufetel receives 4,121 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dufetel Celine S reported acquisition or exercise transactions in this Form 4 filing.
Fiserv Inc. director Celine S. Dufetel received an equity award in the form of 4,121 restricted stock units, each representing a contingent right to receive one share of Fiserv common stock. These 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 date. Following this grant, Dufetel holds 5,435 shares or share-equivalent units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dufetel Celine S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,121 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,435 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 4,121 units
Grant price per share: $0.00 per share
Holdings after grant: 5,435 shares/units
+2 more
5 metrics
RSUs granted
4,121 units
Restricted stock units awarded to director
Grant price per share
$0.00 per share
Compensation-related equity award
Holdings after grant
5,435 shares/units
Total direct holdings following transaction
Vesting condition 1
First anniversary of grant date
RSUs vest 100% on this date if earlier
Vesting condition 2
Before first annual shareholder meeting
Alternative full vesting trigger
Key Terms
restricted stock units, contingent right, vest 100%, grant date, +1 more
5 terms
restricted stock units financial
"These restricted stock units each represent a contingent right to receive one share"
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.
contingent right financial
"represent a contingent right to receive one share of Fiserv, Inc. common stock"
vest 100% financial
"The restricted stock units vest 100% on the earlier of: (i) the first anniversary"
grant date financial
"on the earlier of: (i) the first anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What did Fiserv (FI) director Celine S. Dufetel report in this Form 4?
Celine S. Dufetel reported receiving 4,121 restricted stock units of Fiserv common stock as a compensation-related equity grant. Each unit represents a contingent right to one share, vesting based on time and the next annual shareholder meeting.
How many Fiserv (FI) restricted stock units were granted to Celine S. Dufetel?
The filing shows a grant of 4,121 restricted stock units to Celine S. Dufetel. Each unit is tied to one share of Fiserv common stock and vests fully on a specified future date tied to tenure and the annual shareholder meeting.
When do Celine S. Dufetel’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 prior to the first annual meeting of shareholders after the grant date. Vesting is therefore linked to both time and the company’s shareholder meeting schedule.
What does each Fiserv (FI) restricted stock unit granted to Celine S. Dufetel represent?
Each restricted stock unit represents a contingent right to receive one share of Fiserv common stock. The units convert into actual shares only upon vesting, aligning the director’s compensation with the company’s equity over the vesting period.