Form 4: Fiserv Director Harry DiSimone Acquires Additional Shares Through Deferred Compensation Plan

Director Harry DiSimone acquired 183 notional units of Fiserv stock through the company's deferred compensation plan on December 31, 2024.

Summary

• Harry DiSimone, a director at Fiserv Inc., acquired 183 notional units of the company's stock on December 31, 2024.
• These units were granted through the Fiserv Non-Employee Director Deferred Compensation Plan.
• The units represent deferred compensation of $37,500.
• The price per unit was $205.42, which was the closing price of Fiserv's common stock on December 31, 2024.
• Upon cessation of service, each notional unit will be settled in one share of Fiserv common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There is no indication of any negative sentiment.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The deferred compensation plan allows directors to align their interests with those of shareholders.

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 type of transaction is common for directors of publicly traded companies, as deferred compensation plans are often used to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Deferred compensation plans for directors are a standard practice in publicly traded companies.
• Many companies use similar plans to incentivize and retain board members.
• The specific terms of the plan, such as the vesting schedule and the conversion rate of notional units to shares, are typical for these types of arrangements.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.

Key Dates

Keywords

Fiserv, Director, Deferred Compensation, Stock Acquisition, Notional Units, Form 4, Harry DiSimone