Fiserv (FI) director converts $32,500 fees into 484 deferred stock units
Rhea-AI Filing Summary
Fiserv Inc. director compensation details show the director elected to defer cash fees into stock-based units rather than taking cash. On December 31, 2025, the director was credited with 484 deferred compensation notional units under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan, corresponding to $32,500 of deferred director fees. The number of units was calculated using the closing price of Fiserv common stock of $67.17 per share on that date. Each notional unit represents the right to receive one share of Fiserv common stock after the director’s service with the company ends, and following this transaction the director beneficially owned 5,594 such derivative securities directly.
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FAQ
What insider transaction did Fiserv Inc (FI) disclose in this Form 4?
Fiserv Inc disclosed that a director elected to defer $32,500 of cash director fees into 484 deferred compensation notional units under the company’s Non-Employee Director Deferred Compensation Plan on December 31, 2025.
How were the deferred compensation units at Fiserv Inc (FI) calculated?
The 484 notional units were calculated by dividing the $32,500 of deferred compensation by the $67.17 closing price of Fiserv’s common stock on December 31, 2025.
What does each deferred compensation notional unit represent at Fiserv Inc (FI)?
Each notional unit under the Fiserv Non-Employee Director Deferred Compensation Plan will be settled in one share of Fiserv common stock after the reporting person’s service to the company ends.
How many derivative securities does the Fiserv Inc (FI) director own after this transaction?
After this transaction, the reporting person beneficially owned 5,594 deferred compensation notional units, representing derivative securities linked to Fiserv common stock, held in direct ownership form.
What plan governs the deferred compensation units reported by Fiserv Inc (FI)?
The units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan, which allows directors to defer fees otherwise payable in cash in exchange for notional units tied to Fiserv common stock.
Is the Fiserv Inc (FI) Form 4 transaction related to a Rule 10b5-1 trading plan?
The form includes a checkbox for indicating transactions made under a Rule 10b5-1(c) plan, but the provided content does not show that this box was checked for this deferred compensation allocation.