Fiserv (FI) legal chief awarded 65,665 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fiserv Inc reported that Chief Administrative and Legal Officer Adam L. Rosman acquired 65,665 shares of common stock on a grant or award basis. These restricted stock units vest in three equal installments on each anniversary of the grant date. After this award, Rosman directly holds 130,231 shares of Fiserv common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rosman Adam L.
Role
Chief Admin. and Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 65,665 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 130,231 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did FI executive Adam L. Rosman report?
Adam L. Rosman reported acquiring 65,665 shares of Fiserv common stock through a grant or award. The transaction was coded as an acquisition (Code A), reflecting equity compensation rather than an open-market stock purchase or sale.
What is the vesting schedule for Adam L. Rosman’s new FI restricted stock units?
The 65,665 restricted stock units granted to Adam L. Rosman vest over three years. One-third of the units vest on each anniversary of the grant date, creating a multi-year incentive tied to continued service with Fiserv.
Was Adam L. Rosman’s FI stock acquisition an open-market purchase?
No, the acquisition was not an open-market purchase. It was reported with transaction code A, indicating a grant, award, or other acquisition, and the price per share was listed as $0.0000, consistent with equity-based compensation.
What does transaction code A mean in Adam L. Rosman’s FI Form 4?
Transaction code A on the Form 4 indicates a grant, award, or other acquisition of securities. For Adam L. Rosman, it reflects an equity compensation grant of 65,665 restricted stock units rather than a traditional market purchase of Fiserv shares.