Form 4: Fiserv Executive Adam L. Rosman Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Adam L. Rosman, Chief Admin. and Legal Officer of Fiserv Inc, reported disposing of 4,299 shares of common stock on July 26, 2024, to cover tax liabilities related to vesting restricted stock units.
Summary
- On July 26, 2024, Adam L. Rosman, Chief Admin. and Legal Officer of Fiserv Inc, disposed of 4,299 shares of Fiserv common stock.
- The transaction was executed at a price of $159.94 per share.
- This disposal was to cover the tax liability incurred from the vesting of restricted stock units.
- Following the transaction, Rosman directly owns 44,660 shares of Fiserv common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/26/2024 | Date of the stock disposal transaction. |
| 07/30/2024 | Date of signature on the Form 4 filing. |
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