Form 4: Fiserv COO Guy Chiarello Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Fiserv's Chief Operating Officer, Guy Chiarello, reports the vesting of performance share units and subsequent tax withholding, resulting in adjustments to his holdings of Fiserv common stock.

Summary

  • On February 5, 2025, Guy Chiarello, the Chief Operating Officer of Fiserv Inc., reported changes in his beneficial ownership of the company's common stock.
  • 66,387 shares were acquired upon the vesting of performance share units granted on February 23, 2022.
  • 33,326 shares were disposed of to cover tax liabilities related to the vesting of these units at a price of $229.53 per share.
  • Following these transactions, Chiarello directly owns 195,110 shares of Fiserv common stock.
  • He also indirectly owns 37,381 shares through The Denise Chiarello 2021 Trust.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Fiserv.

Stakeholder Impact

  • The vesting of shares and subsequent tax-related sales can have a minor dilutive effect on existing shareholders.

Key Dates

DateDescription
02/23/2022Date of grant for the performance share units that vested.
02/05/2025Date of transaction: vesting of performance share units and tax withholding.
02/07/2025Date of signature on the Form 4 filing.

Keywords

Fiserv, Chiarello, Beneficial Ownership, Form 4, SEC, Common Stock, Performance Share Units, Vesting, Tax Withholding

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