Form 4: Fiserv Director Gordon Nixon Acquires Notional Units
Statement of Changes in Beneficial Ownership
Fiserv Inc. reports that Director Gordon Nixon was allocated deferred compensation notional units on June 30, 2026, under the company's Non-Employee Director Deferred Compensation Plan.
Summary
- Gordon Nixon, a Director at Fiserv Inc., was allocated 892 notional units on June 30, 2026.
- These units represent deferred compensation of $43,750, calculated based on the company's common stock closing price of $49.05 on the date of deferral.
- The notional units are part of the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.
- Each notional unit will be settled in one share of Fiserv common stock upon cessation of Nixon's service to the company.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard compensation practice for a director rather than a significant strategic or financial event.
Positives
- Director Gordon Nixon's participation in the deferred compensation plan indicates continued engagement and alignment with the company's long-term performance.
- The allocation of notional units, tied to the company's stock price, suggests a belief in the future value of Fiserv's common stock.
Future Outlook
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.
Industry Context
StockSavvy.ai notes that the use of deferred compensation plans, particularly those with notional units tied to stock performance, is a common practice among publicly traded companies to incentivize and retain key executives and directors, aligning their interests with shareholders.
Stakeholder Impact
- Shareholders: The transaction reflects a standard compensation practice, with no immediate direct impact on share count or market dynamics, but reinforces director alignment.
Next Steps
- Settlement of notional units into Fiserv common stock upon Gordon Nixon's cessation of service.
Key Dates
| Date | Description |
|---|---|
| 06/30/2026 | Date of earliest transaction and date notional units were allocated. |
| 07/01/2026 | Date the Form 4 was signed. |
Keywords
Fiserv Inc., FISV, Form 4, Director, Deferred Compensation, Notional Units, Securities Ownership, Gordon Nixon
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