Form 4: Fiserv Director Ajei Gopal Reports Acquisition of Deferred Compensation Notional Units

Director Ajei Gopal reports acquisition of deferred compensation notional units under Fiserv's Non-Employee Director Deferred Compensation Plan.

Summary

• Ajei Gopal, a director at Fiserv Inc., reported the acquisition of 181 deferred compensation notional units on September 30, 2024.
• These units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.
• The units represent deferred director fees, where $32,500.00 of compensation was deferred.
• The number of units was calculated by dividing the deferred compensation amount by the closing price of Fiserv's common stock on the date of deferral, which was $179.65 per share.
• Upon cessation of service, each notional unit will be settled in one share of Fiserv common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and alignment of interests with the company's performance.

Positives

• The director's participation in the deferred compensation plan aligns their interests with the long-term performance of Fiserv.
• The plan allows directors to defer fees, potentially optimizing their personal tax situation.

Future Outlook

Upon cessation of service, each notional unit will be settled in shares of Fiserv common stock on a one-for-one basis.

Industry Context

Deferred compensation plans are a common practice for compensating non-employee directors, allowing them to align their interests with the company's long-term performance and potentially defer taxes.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director compensation with the company's long-term performance.

Key Dates