Fiserv (NYSE: FI) director defers $32,500 into 583 stock units

Rhea-AI Filing Summary

Dufetel Celine S reported acquisition or exercise transactions in this Form 4 filing.

Fiserv Inc. director Celine S. Dufetel received a grant of deferred compensation notional units as part of her board compensation. On March 31, 2026, she was credited with 583 notional units under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan in respect of $32,500 of deferred cash fees. The number of units was calculated using the company’s common stock closing price of $55.80 per share on that date. Following the end of her service, each notional unit will be settled in one share of Fiserv common stock, so this award represents a future right to 583 shares rather than an open-market stock purchase.

Insights

Equity compensation analyst

Routine director fee deferral into stock-linked units, not an open-market trade.

Director Celine S. Dufetel elected to defer $32,500 of board fees into 583 deferred compensation notional units tied to Fiserv common stock at a reference price of $55.80. This is standard non-employee director compensation, not a discretionary stock purchase or sale.

The filing shows 583 notional units outstanding after the transaction, with each unit settling one-for-one into common shares after her board service ends. This makes the event neutral from a trading-signal perspective, as it reflects compensation structure rather than a view on the stock price.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dufetel Celine S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Compensation Notional Units	583	$55.80	$33K

Holdings After Transaction: Deferred Compensation Notional Units — 583 shares (Direct)

Footnotes (1)

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 March 31, 2026, in respect of $32,500 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.

Key Figures

Deferred compensation amount: $32,500 Notional units granted: 583 units Reference stock price: $55.80 per share +2 more

5 metrics

Deferred compensation amount $32,500 Director fees deferred on March 31, 2026

Notional units granted 583 units Deferred compensation notional units credited on March 31, 2026

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

Units outstanding after transaction 583 units Total deferred compensation notional units held following the grant

Share settlement ratio 1 share per unit Each notional unit settled in one Fiserv common share after service

Key Terms

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

4 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

"may be deferred in exchange for the allocation of notional units under the Plan"

deferred compensation financial

"in respect of $32,500 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.

FAQ

What did FI director Celine S. Dufetel report in this Form 4?

Celine S. Dufetel reported receiving 583 deferred compensation notional units as part of her director fees. These units correspond to $32,500 of deferred cash compensation, converted using Fiserv’s $55.80 closing share price on March 31, 2026, under the company’s director deferred compensation plan.

Is the FI Form 4 transaction a stock purchase or sale by the director?

The transaction is not an open-market purchase or sale. It is a grant of deferred compensation notional units, where $32,500 of director cash fees were converted into 583 stock-linked units using a $55.80 reference price under Fiserv’s Non-Employee Director Deferred Compensation Plan.

How were the 583 deferred compensation notional units for FI calculated?

The 583 notional units were calculated by dividing $32,500 of deferred director compensation by Fiserv’s closing common stock price of $55.80 on March 31, 2026. This formula under the deferred compensation plan converts cash fees into stock-denominated units instead of paying cash immediately.

What does each deferred compensation notional unit represent for FI stock?

Each deferred compensation notional unit represents a right to receive one share of Fiserv common stock after the director’s service ends. When Celine S. Dufetel leaves the board, her 583 units will be settled in 583 Fiserv shares, aligning director compensation with long-term shareholder value.

How many FI deferred compensation notional units does the director hold after this filing?

After this transaction, the Form 4 shows Celine S. Dufetel holding 583 deferred compensation notional units. All these units relate to $32,500 of deferred cash fees credited on March 31, 2026, and are scheduled to be settled in an equal number of Fiserv common shares after her service.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 04/02/2026 - 04:07 PM Learn about SEC filing dates

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^*

Dufetel Celine S

(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		583		(1)	(1)	Common Stock	583	$55.8(1)	583	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 $32,500 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)