Form 4: Fiserv Director Gary Shedlin Acquires Deferred Compensation Units

Gary Shedlin, a Director at Fiserv Inc., has acquired 791 notional units of deferred compensation under the company's Non-Employee Director Deferred Compensation Plan.

Summary

• Director Gary Shedlin acquired 791 notional units of deferred compensation on June 30, 2026.
• These units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.
• The acquisition represents a deferral of $38,750 in director fees.
• The number of units was calculated by dividing the deferred compensation by the closing stock price on June 30, 2026, which was $49.05.
• Each notional unit is convertible into one share of Fiserv common stock upon cessation of service to the company.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard compensation practice for directors rather than a new strategic initiative or significant financial event.

Positives

• Director participation in deferred compensation plans indicates alignment with long-term company performance.
• The plan allows directors to defer cash compensation, potentially signaling confidence in future stock value.

Risks

• The value of the deferred compensation is directly tied to the future stock price of Fiserv, exposing the director to market volatility.
• The deferred compensation is subject to the company's financial health and operational performance.

Future Outlook

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.

Industry Context

StockSavvy.ai notes that the use of deferred compensation plans by directors is a common practice in the financial services and technology sectors, allowing for long-term incentive alignment and retention.

Stakeholder Impact

• Shareholders: The transaction itself does not directly impact share count or immediate dilution, but it reflects ongoing compensation practices for directors.
• Directors: Gary Shedlin's compensation is directly linked to the company's stock performance.
• Employees: No direct impact on employees is indicated by this filing.

Next Steps

• Settlement of notional units into Fiserv common stock upon Gary Shedlin's cessation of service to the company.

Key Dates

Keywords

Fiserv Inc., FISV, Form 4, Gary Shedlin, Director, Deferred Compensation, Notional Units, Stock Plan, Insider Trading, SEC Filing