Fiserv (FI) director receives 4,121 restricted stock units in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shedlin Gary reported acquisition or exercise transactions in this Form 4 filing.
Fiserv Inc director Gary Shedlin received an equity award of 4,121 shares of common stock in the form of restricted stock units. These units were granted at no cash purchase price and increase his direct holdings to 5,435 shares. The restricted stock 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, tying the award to his continued board service over roughly a one-year horizon.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shedlin Gary
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
RSU grant size: 4,121 restricted stock units
Holdings after grant: 5,435 shares
Grant price: $0.0000 per share
+1 more
4 metrics
RSU grant size
4,121 restricted stock units
Award of Fiserv common stock units to director
Holdings after grant
5,435 shares
Total direct Fiserv common stock held after transaction
Grant price
$0.0000 per share
Reported transaction price per share for the RSU grant
Vesting trigger
100% vesting
Earlier of first anniversary or first annual meeting after grant date
Key Terms
restricted stock units, contingent right, vest, grant date
4 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 financial
"The restricted stock units vest 100% on the earlier of the first anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant date financial
"the first anniversary of the grant date; or immediately prior to the first annual meeting"
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 Gary Shedlin report in this Form 4?
Director Gary Shedlin reported receiving 4,121 restricted stock units of Fiserv common stock. The award was a grant, not an open-market purchase, and increased his direct holdings to 5,435 shares following the transaction.
Is Gary Shedlin buying or selling Fiserv (FI) stock in this filing?
He is not buying or selling on the market; he received a stock grant. The Form 4 shows an acquisition coded as a grant or award, adding 4,121 restricted stock units to his holdings at no stated purchase price.
What are the vesting terms of Gary Shedlin’s Fiserv (FI) restricted stock units?
The 4,121 restricted stock 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, aligning the award with roughly one year of board service.
Does this Fiserv (FI) Form 4 indicate a pre-planned trading program?
The filing describes a grant of restricted stock units, not market trades, and the footnote explains vesting terms only. There is no reference in the provided disclosure to any Rule 10b5-1 trading plan or pre-arranged sale program.