Form 4: Fiserv Director Harry DiSimone Reports Acquisition of Deferred Compensation Units

Sentiment:

SEC Form 4 Filing


Director Harry DiSimone reports acquisition of deferred compensation notional units under Fiserv's Non-Employee Director Deferred Compensation Plan.

Summary

  • Harry DiSimone, a director at Fiserv Inc., reported the acquisition of 170 deferred compensation notional units on March 31, 2025.
  • These units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.
  • The units represent deferred director fees, where cash payments are exchanged for notional units.
  • The value of the deferred compensation is $37,500.
  • The number of units was calculated based on Fiserv's closing stock price of $220.83 on March 31, 2025.
  • Upon cessation of service, each unit will be settled for one share of Fiserv common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard compensation practice, indicating alignment between the director and the company's performance.

Positives

  • The director is participating in the company's deferred compensation plan, indicating confidence in Fiserv's future performance.

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

Deferred compensation plans are a common way for companies to compensate directors, aligning their interests with those of shareholders by tying compensation to the company's stock performance.

Stakeholder Impact

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

Key Dates

DateDescription
03/31/2025Date of transaction: Acquisition of deferred compensation notional units.
04/01/2025Date of report filing.

Keywords

Fiserv, Director, Deferred Compensation, Notional Units, Form 4, DiSimone, Equity, Ownership

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