Form 4: Director Lance M. Fritz Increases Fiserv Equity Stake

Director Lance M. Fritz acquired 673 deferred compensation notional units in Fiserv, Inc. as part of a director fee deferral plan.

Summary

• Director Lance M. Fritz was credited with 673 notional units under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.
• The transaction occurred on March 31, 2026, representing $37,500 in deferred director compensation.
• The units were valued at the closing price of $55.80 per share on the date of the transaction.
• These units will be settled in shares of Fiserv common stock on a one-for-one basis following the cessation of the director's service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.

Positives

• Demonstrates alignment of interest between the director and shareholders through the deferral of cash fees into equity-linked units.

Negatives

• None identified.

Risks

• Value of the deferred compensation is subject to the future market performance of Fiserv common stock.

Future Outlook

Not applicable as this is a routine director compensation disclosure.

Industry Context

StockSavvy.ai notes that director fee deferral plans are a standard corporate governance practice designed to encourage long-term ownership and align board incentives with shareholder value creation.

Comparison to Industry Standards

• The use of deferred compensation plans for non-employee directors is consistent with standard practices at large-cap financial technology and services companies.
• The one-for-one settlement structure is a common mechanism for director equity compensation.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; reflects director confidence and alignment.

Next Steps

• Settlement of notional units into common stock upon the director's departure from the board.

Key Dates

Keywords

Fiserv, FISV, Form 4, Insider Trading, Director Compensation, Equity Deferral