Form 4: Fiserv CFO Hau Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Fiserv's Chief Financial Officer, Robert W. Hau, reported the disposal of common stock to cover tax liabilities related to the vesting of restricted stock units.
Summary
- Robert W. Hau, the Chief Financial Officer of Fiserv Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- The report indicates that Hau disposed of shares of common stock on February 21, 2025, February 22, 2025, and February 23, 2025.
- These disposals were made to cover tax liabilities associated with the vesting of restricted stock units.
- The prices for the disposals were $232.34 per share.
- Following these transactions, Hau directly owns 177,072 shares of Fiserv common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing simply reports stock disposals for tax purposes, which is a routine event. There's no indication of positive or negative sentiment towards the company's prospects.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies. Disposals to cover tax obligations related to vesting equity are typical and don't necessarily indicate a negative outlook on the company.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but it's unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Disposal of 2,838 shares of common stock at $232.34 for tax liability. |
| 02/22/2025 | Disposal of 3,723 shares of common stock at $232.34 for tax liability. |
| 02/23/2025 | Disposal of 3,384 shares of common stock at $232.34 for tax liability. |
| 02/25/2025 | Date of signature by attorney-in-fact. |
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