Form 4: Fiserv CEO Frank Bisignano Reports Gift of Shares, Maintains Significant Holdings

Fiserv's Chairman, President, and CEO, Frank Bisignano, reported a gift of 974 common stock shares and continues to hold a substantial number of shares both directly and indirectly.

Summary

• On August 28, 2024, Frank Bisignano, the Chairman, President, and CEO of Fiserv Inc., filed a Form 4 with the SEC.
• The filing reports a transaction involving a gift of 974 shares of Fiserv common stock.
• Following the transaction, Bisignano directly owns 3,110,084 shares.
• He also has indirect ownership through a spouse (13,640 shares), custodial accounts for a minor (4,809 shares, 826 shares, and 1,253 shares), the Frank J. Bisignano 2022 Grantor Retained Annuity Trust (17,173 shares), and trusts for his children (81,550 shares).

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting a gift of shares. It doesn't inherently indicate positive or negative performance for the company.

Positives

• The filing indicates continued significant investment in Fiserv by its CEO, Frank Bisignano, through direct and indirect ownership.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing provides a snapshot of the CEO's holdings in Fiserv.

Stakeholder Impact

• Shareholders may view the continued significant holdings of the CEO as a positive sign of confidence in the company.

Key Dates