Form 4: Fiserv Director Celine Dufetel Acquires Notional Units

Director Celine Dufetel acquired 583 deferred compensation notional units in Fiserv, Inc. as part of a director fee deferral plan.

Summary

• Celine Dufetel, a Director at Fiserv, Inc., acquired 583 deferred compensation notional units on March 31, 2026.
• The acquisition was made under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.
• The transaction involved the deferral of $32,500 in director fees.
• The units were valued at $55.80 per share, based on the closing price of Fiserv common stock on the date of deferral.
• These units will be settled in shares of Fiserv common stock on a one-for-one basis following the cessation of the director's service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.

Positives

• Demonstrates alignment of interest between the director and shareholders through the deferral of cash compensation into equity-linked units.

Negatives

• None identified; this is a routine administrative transaction related to director compensation.

Risks

• The value of the deferred compensation units is directly tied to the future performance of Fiserv common stock.

Future Outlook

Not applicable; this is a disclosure of a past transaction regarding director compensation.

Industry Context

StockSavvy.ai notes that director compensation deferral plans are standard corporate governance practices designed to encourage long-term equity ownership among board members, aligning their financial interests with those of the company's shareholders.

Comparison to Industry Standards

• The use of deferred compensation plans for non-employee directors is a common practice among S&P 500 companies to promote stock ownership.
• The one-for-one settlement structure is consistent with standard equity-based compensation programs in the financial technology sector.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation deferral mechanism.

Next Steps

• The notional units will be held until the director ceases service, at which point they will be settled in common stock.

Key Dates

Keywords

Fiserv, FISV, Form 4, Director Compensation, Insider Transaction, Deferred Compensation