Form 4: Fiserv Director Charlotte Yarkoni Acquires Stock Units

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

Summary

• Director Charlotte Yarkoni was credited with 583 notional units under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.
• The transaction occurred on March 31, 2026, representing $32,500 in deferred 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.
• Following this transaction, the reporting person holds a total of 2,420 notional units.

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 outlook.

Positives

• Demonstrates alignment of director interests with shareholders through the deferral of cash fees into equity-linked units.

Negatives

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

Risks

• Value of the deferred compensation units is subject to the future market performance of Fiserv common stock.

Future Outlook

Not applicable; this is a retrospective disclosure of a compensation-related transaction.

Industry Context

StockSavvy.ai notes that the use of deferred compensation plans for non-employee directors is a standard corporate governance practice in the financial technology sector to ensure long-term alignment between board members and shareholders.

Comparison to Industry Standards

• The transaction aligns with standard executive and director compensation practices among S&P 500 financial services companies.
• The one-for-one settlement of notional units into common stock is a common mechanism for director equity participation.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; reflects standard director compensation structure.

Next Steps

• The notional units will be settled in shares of Fiserv common stock on a one-for-one basis following the cessation of the reporting person's service to the company.

Key Dates

Keywords

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