Form 4: Fiserv Director Harry DiSimone Acquires Deferred Compensation Units Valued at $34,863

Fiserv Inc. Director Harry DiSimone reported the acquisition of 203 deferred compensation notional units, valued at $34,863, under the company's Non-Employee Director Deferred Compensation Plan.

Summary

• Director Harry DiSimone acquired 203 deferred compensation notional units from Fiserv Inc. (FI).
• The units were credited under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan on June 30, 2025.
• This transaction represents $34,863 of deferred compensation.
• The number of units was calculated by dividing the deferred compensation amount by Fiserv's common stock closing price of $172.41 per share on June 30, 2025.
• Following this transaction, DiSimone beneficially owns a total of 6,662 deferred compensation notional units.
• Each notional unit will be settled in one share of Fiserv common stock upon the cessation of DiSimone's service to the company.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction related to director compensation, which is neutral in sentiment. It reflects standard corporate governance practices without indicating any significant positive or negative developments for the company.

Positives

• The transaction reflects a standard compensation mechanism for non-employee directors, indicating continuity in corporate governance practices.
• The deferral of compensation into equity-linked units aligns the director's long-term financial interests with shareholder value.

Negatives

• No specific negative aspects are indicated by this routine compensation filing.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

The deferred compensation 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

This Form 4 filing details a routine insider transaction related to director compensation, which is a common practice across publicly traded companies to align director interests with long-term shareholder value. It does not provide broader industry trends or competitive insights.

Comparison to Industry Standards

• This transaction is a standard practice for non-employee director compensation plans, where directors can defer cash fees into equity-linked units.
• Many companies, including peers in the financial technology sector like PayPal Holdings, Inc. (PYPL) or Block, Inc. (SQ), utilize similar deferred compensation or equity-based remuneration structures for their non-executive directors to foster long-term alignment with company performance and shareholder interests.
• The specific value and number of units are consistent with typical compensation levels for directors at large-cap financial services companies.

Related Party Transactions

• The transaction involves the allocation of deferred compensation units to Harry DiSimone, a director of Fiserv Inc., under the company's Non-Employee Director Deferred Compensation Plan. This is a standard related-party transaction for director compensation.

Stakeholder Impact

• Shareholders: The transaction aligns the director's financial interests with long-term shareholder value through equity-linked compensation. It is a routine part of director remuneration and does not directly impact share price in a significant way.
• Employees: No direct impact on employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Next Steps

• The deferred compensation notional units will be settled in shares of Fiserv common stock on a one-for-one basis upon the cessation of the reporting person's service to the company.

Key Dates

Keywords

Fiserv Inc., FI, Form 4, SEC filing, insider transaction, director compensation, deferred compensation, notional units, equity compensation, corporate governance