Form 4: Fiserv Director Gordon Nixon Acquires Deferred Stock Units

Director Gordon M. Nixon acquired 785 deferred compensation notional units in Fiserv, Inc. as part of a director fee deferral plan.

Summary

• Director Gordon M. Nixon was credited with 785 notional units under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.
• The transaction occurred on March 31, 2026, representing $43,750 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.
• 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 routine administrative filing regarding director compensation, which carries a neutral sentiment.

Positives

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

Negatives

• None identified.

Risks

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

Future Outlook

The units will be settled in shares of common stock on a one-for-one basis upon the director's departure from the board.

Management Comments

• The transaction reflects the standard operation of the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.

Industry Context

StockSavvy.ai notes that director fee deferral programs are a common corporate governance practice designed to ensure board members maintain a long-term financial stake in the company's performance.

Comparison to Industry Standards

• The use of deferred compensation plans for directors is consistent with standard practices among large-cap financial technology and services companies.
• The one-for-one settlement structure is a standard mechanism for equity-based director compensation.

Stakeholder Impact

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

Next Steps

• Settlement of units into common stock upon the director's eventual retirement from the board.

Key Dates

Keywords

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