Fiserv (FISV) CEO granted 50,094-share equity award, holds 303,868 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GEORGAKOPOULOS PANAGIOTIS reported acquisition or exercise transactions in this Form 4 filing.
FISERV INC director and Chief Executive Officer Panagiotis Georgakopoulos received a grant of 50,094 shares of Common Stock, recorded at a price of $0.00 per share. One-third of the related restricted stock units vest on each anniversary of the grant date. Following this award, his direct holdings total 303,868 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GEORGAKOPOULOS PANAGIOTIS
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,094 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 303,868 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award: 50,094 shares
Award price: $0.00 per share
Post-transaction holdings: 303,868 shares
+1 more
4 metrics
Equity award
50,094 shares
Grant of Common Stock to CEO Panagiotis Georgakopoulos
Award price
$0.00 per share
Recorded grant price for Common Stock award
Post-transaction holdings
303,868 shares
CEO direct holdings after the grant
Vesting schedule
One-third per year
Restricted stock units vest each anniversary of grant date
Key Terms
restricted stock units, Grant, award, or other acquisition, Common Stock, Form 4
4 terms
restricted stock units financial
"One-third of these restricted stock units vest on each anniversary"
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did FISERV (FISV) CEO Panagiotis Georgakopoulos report in this Form 4?
He reported receiving a grant of 50,094 shares of FISERV Common Stock at $0.00 per share. This award is part of his equity compensation and increases his directly held position to 303,868 shares after the transaction.
Is the FISERV (FISV) CEO stock transaction a purchase or a compensation award?
The transaction is a compensation-related award, not an open-market purchase. It is coded as a grant or other acquisition (Code A), reflecting an equity award provided by the company rather than shares bought on the market.
What is the vesting schedule for the FISERV (FISV) CEO’s new equity award?
One-third of the restricted stock units associated with this award vest on each anniversary of the grant date. This three-year vesting structure provides long-term equity incentives that become fully vested over time, subject to continued service.
Does this FISERV (FISV) Form 4 involve any derivative securities or option exercises?
No derivative securities or option exercises are reported in this Form 4. The filing lists only a single non-derivative transaction: a grant of 50,094 shares of Common Stock, with no remaining derivative positions shown in the derivative summary.