Form 4: Fiserv Director Doyle Simons Reports Acquisition of Deferred Compensation Units

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

Summary

• Doyle Simons, a director at Fiserv Inc., reported the acquisition of 209 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 cash payments are exchanged for notional units.
• The value of the deferred compensation is $37,500.
• The number of units credited was calculated by dividing the deferred compensation amount by the closing price of Fiserv's common stock on the deferral date, which was $179.65 per share on September 30, 2024.
• Upon cessation of service, each notional unit will be settled in shares of Fiserv common stock on a one-for-one basis.
• Following the reported transaction, Simons beneficially owns 43,963 derivative securities.

Sentiment

Score: 7

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

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

This filing reflects standard compensation practices for non-employee directors, utilizing deferred compensation plans to align director interests with long-term shareholder value.

Stakeholder Impact

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

Key Dates