Form 4: Fiserv Director Reports Deferred Compensation Units

Wafaa Mamilli, a Director at Fiserv Inc., reported the acquisition of deferred compensation notional units on June 30, 2026.

Summary

• Wafaa Mamilli, a Director at Fiserv Inc., has reported the acquisition of 765 deferred compensation notional units.
• These units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan.
• The allocation is in respect of $37,500 of deferred compensation.
• The number of units was calculated by dividing the deferred compensation by the closing stock price on the date of deferral, which was $49.05 on June 30, 2026.
• Each notional unit will be settled in shares of Fiserv common stock on a one-for-one basis after the reporting person ceases service to the company.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard reporting of deferred compensation for a director and does not indicate new financial performance or strategic shifts.

Positives

• Director Mamilli is participating in the company's deferred compensation plan, indicating continued engagement and alignment with long-term company performance.
• The plan allows directors to defer cash compensation, which can be seen as a sign of confidence in the company's future stock value.

Future Outlook

Each notional unit is expected to 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 by directors is a common practice in the financial services and technology sectors, allowing for long-term incentive alignment and retention.

Stakeholder Impact

• Shareholders: The transaction reflects a standard compensation practice for directors and does not immediately impact share count or ownership structure, but implies a future issuance of shares upon settlement.

Next Steps

• Settlement of notional units in Fiserv common stock on a one-for-one basis after the reporting person ceases service to the company.

Key Dates

Keywords

Fiserv Inc., FISV, Form 4, Deferred Compensation, Director, Notional Units, Insider Trading, SEC Filing