Form 4: Fiserv COO Exercises Stock Options and Sells Shares
SEC Form 4 Filing
Guy Chiarello, Chief Operating Officer of Fiserv Inc., executed stock options and sold shares on March 20, 2024.
Summary
- On March 20, 2024, Guy Chiarello, the Chief Operating Officer of Fiserv Inc., exercised employee stock options to acquire 63,646 shares of common stock at a price of $52.81 per share.
- Simultaneously, Chiarello sold 63,646 shares of Fiserv common stock at a weighted average price of $154.
- Following these transactions, Chiarello directly owns 163,699 shares of Fiserv common stock and indirectly owns 37,381 shares through The Denise Chiarello 2021 Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reflecting routine transactions. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives holding stock options. It provides transparency into management's trading activities but doesn't necessarily indicate a change in the company's outlook.
Key Dates
| Date | Description |
|---|---|
| 07/29/2019 | Half of the employee stock options vested upon the Issuer's acquisition of First Data Corporation. |
| 10/15/2025 | Expiration date of the Employee Stock Option. |
| 03/20/2024 | Date of the stock option exercise and share sale. |
| 03/21/2024 | Date of the Form 4 filing. |
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