Form 4: Fiserv Director Henrique de Castro Acquires Stock Units

Director Henrique de Castro acquired 583 deferred compensation notional units in Fiserv, Inc. as part of a director fee deferral plan.

Summary

• Director Henrique de Castro was credited with 583 notional units under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.
• The transaction occurred on March 31, 2026, representing $32,500 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.
• Following this transaction, the director holds a total of 6,177 notional units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.

Positives

• Demonstrates alignment of director interests with shareholders through the deferral of cash compensation into equity-linked units.

Negatives

• None identified.

Risks

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

Future Outlook

Not applicable as this is a routine director compensation disclosure.

Industry Context

StockSavvy.ai notes that director compensation plans involving equity deferrals are standard corporate governance practices designed to ensure long-term alignment between board members and shareholders.

Comparison to Industry Standards

• The use of deferred compensation plans for non-employee directors is consistent with standard practices among S&P 500 financial technology companies.
• The one-for-one settlement of notional units into common stock is a common mechanism for director equity ownership.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; reflects standard director compensation practices.

Next Steps

• The notional units will be settled in shares of Fiserv common stock on a one-for-one basis following the cessation of the director's service.

Key Dates

Keywords

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