Fiserv (FISV) director Wafaa Mamilli receives 765 deferred stock units for fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mamilli Wafaa reported acquisition or exercise transactions in this Form 4 filing.
Fiserv Inc. director Wafaa Mamilli received 765 deferred compensation notional units on June 30, 2026 under the company’s Non-Employee Director Deferred Compensation Plan. The units were credited in respect of $37,500 of deferred director fees, using the closing Fiserv common stock price of $49.05 per share on the deferral date.
Each notional unit represents one share of Fiserv common stock to be delivered after Mamilli’s board service ends, settling on a one-for-one basis. Following this award, Mamilli directly holds 2,640 deferred compensation notional units linked to Fiserv common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mamilli Wafaa
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation Notional Units | 765 | $49.05 | $38K |
Holdings After Transaction:
Deferred Compensation Notional Units — 2,640 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred units granted: 765 notional units
Deferred compensation amount: $37,500
Reference stock price: $49.05 per share
+2 more
5 metrics
Deferred units granted
765 notional units
Credited on June 30, 2026 for deferred director fees
Deferred compensation amount
$37,500
Director fees converted into notional units under the plan
Reference stock price
$49.05 per share
Fiserv closing price on June 30, 2026 used to calculate units
Units after transaction
2,640 notional units
Total deferred compensation notional units held directly after award
Settlement ratio
1 unit : 1 share
Each notional unit settles into one Fiserv common share 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
"in respect of $37,500 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.
notional units financial
"allocation of notional units under the Plan"
FAQ
What did Fiserv (FISV) director Wafaa Mamilli report on this Form 4?
Wafaa Mamilli reported receiving 765 deferred compensation notional units tied to Fiserv common stock. These units were credited as part of director compensation in lieu of cash fees under Fiserv’s Non-Employee Director Deferred Compensation Plan.
How was the number of units determined for Wafaa Mamilli at Fiserv (FISV)?
The 765 notional units were calculated by dividing $37,500 of deferred director fees by Fiserv’s $49.05 closing stock price on June 30, 2026. This formula directly links the number of units to the company’s share price on the deferral date.
When will Wafaa Mamilli’s deferred units at Fiserv (FISV) be settled?
Each deferred compensation notional unit will be settled after Mamilli’s service to Fiserv ends. At that time, each notional unit converts into one share of Fiserv common stock, providing equity-based compensation instead of immediate cash fees.
How many deferred compensation notional units does Wafaa Mamilli hold after this Fiserv (FISV) transaction?
After this grant, Mamilli directly holds 2,640 deferred compensation notional units. Each unit is linked to one underlying share of Fiserv common stock, to be delivered on a one-for-one basis when her board service concludes.
Is Wafaa Mamilli buying or selling Fiserv (FISV) stock in this Form 4?
This Form 4 reflects a compensation-related award, not an open-market trade. Mamilli received 765 deferred compensation notional units in exchange for deferring $37,500 of director fees, rather than buying or selling Fiserv shares in the market.