Form 4: Fiserv CEO Frank Bisignano Reports Changes in Beneficial Ownership

Frank Bisignano, Chairman and CEO of Fiserv, reports transactions involving Fiserv common stock, including the vesting of performance share units and withholding of shares for tax liabilities.

Summary

• On May 6, 2025, Frank Bisignano, the Chairman and CEO of Fiserv, reported changes in his beneficial ownership of Fiserv common stock.
• These changes include the acquisition of 210,914 shares upon the vesting of performance share units granted on February 23, 2023, and February 21, 2024.
• Additionally, 204,576 shares were disposed of to cover tax liabilities related to the vesting of performance share units and restricted stock units at a price of $184.95.
• There were also some small transfers of shares, 102 shares each, to an unstated entity.
• Following these transactions, Bisignano directly owns 3,116,920 shares of Fiserv common stock.
• He also has indirect ownership through a spouse (1,419 shares), custodian accounts for a minor (992 and 4,975 shares), and trusts for his children (89,266 shares).

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by an insider, which is a routine part of corporate governance. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC when corporate insiders, like the CEO, trade their company's stock. It provides transparency to investors about the actions of company leadership.

Stakeholder Impact

• The transactions could have a minor impact on shareholders due to the change in the number of outstanding shares, but the effect is likely negligible given the size of the company.

Key Dates

Keywords

Fiserv, Frank Bisignano, beneficial ownership, Form 4, performance share units, stock, vesting, tax liability, securities, transactions