Fiserv (FISV) director defers $32,500 into stock-based units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COHEN STEPHANIE reported acquisition or exercise transactions in this Form 4 filing.
Fiserv Inc. director Stephanie Cohen elected to defer cash director fees into stock-based compensation. On June 30, 2026, she was credited with 663 deferred compensation notional units under Fiserv’s Non-Employee Director Deferred Compensation Plan, in respect of $32,500 of deferred fees.
The number of units was calculated using Fiserv’s common stock closing price of $49.05 per share on June 30, 2026. Each notional unit is designed to be settled one-for-one in Fiserv common stock after she ceases serving on the board. Following this credit, she holds 1,246 deferred compensation notional units linked to Fiserv common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
COHEN STEPHANIE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation Notional Units | 663 | $49.05 | $33K |
Holdings After Transaction:
Deferred Compensation Notional Units — 1,246 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred units granted: 663 notional units
Deferred compensation amount: $32,500
Reference stock price: $49.05 per share
+2 more
5 metrics
Deferred units granted
663 notional units
Credited on June 30, 2026
Deferred compensation amount
$32,500
Director fees deferred into plan
Reference stock price
$49.05 per share
Fiserv closing price on June 30, 2026
Total notional units after transaction
1,246 units
Deferred compensation notional units held after credit
Conversion ratio
1 unit : 1 share
Settlement into Fiserv common stock after service
Key Terms
Deferred Compensation Notional Units, Non-Employee Director Deferred Compensation Plan, deferred compensation, notional units
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")"
deferred compensation financial
"director fees otherwise payable in cash may be deferred in exchange for the allocation of notional units"
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.
notional units financial
"the allocation of notional units under the Plan"
FAQ
What insider transaction did Fiserv (FISV) director Stephanie Cohen report?
Stephanie Cohen reported receiving 663 deferred compensation notional units. These units reflect $32,500 of director fees she chose to defer, converted into stock-linked units using Fiserv’s $49.05 closing share price on June 30, 2026.
How were the 663 deferred compensation notional units for Fiserv (FISV) calculated?
The 663 units were calculated by dividing deferred fees by the stock price. Fiserv credited units by dividing $32,500 of deferred director compensation by the $49.05 closing price of its common stock on June 30, 2026.
What does Fiserv’s Non-Employee Director Deferred Compensation Plan do for FISV directors?
The plan lets non-employee directors defer cash fees into stock-based units. Director fees otherwise payable in cash can be exchanged for notional units tied to Fiserv common stock, which are settled in shares after the director’s service ends.
When will Stephanie Cohen’s Fiserv (FISV) deferred compensation units be settled?
The notional units are settled after Cohen’s service with Fiserv ends. Once she ceases serving the company, each deferred compensation notional unit will convert on a one-for-one basis into a share of Fiserv common stock.
How many Fiserv (FISV) deferred compensation notional units does Stephanie Cohen hold after this transaction?
After the June 30, 2026 credit, Cohen holds 1,246 notional units. The Form 4 shows her total deferred compensation notional units increased to 1,246, all linked to Fiserv common stock under the company’s director deferred compensation plan.