Form 4: Fiserv Executive Adam L. Rosman Sells Shares Under 10b5-1 Trading Plan

Fiserv's Chief Administrative and Legal Officer, Adam L. Rosman, sold a portion of his Fiserv shares on February 27, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Adam L. Rosman, Chief Administrative and Legal Officer of Fiserv Inc., sold shares of common stock on February 27, 2025.
• The sales were executed under a Rule 10b5-1 trading plan established on November 11, 2024, for estate and financial planning purposes.
• The transactions involved multiple sales at varying prices, with weighted average sale prices reported for each set of trades.
• A total of 1,742 shares were sold at prices ranging from $231.15 to $234.29.
• Following the reported transactions, Rosman beneficially owns 55,897 shares of Fiserv common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive's stock sales under a pre-arranged plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 plan allows insiders to sell shares without being accused of trading on non-public information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely to be minimal given the relatively small number of shares sold.

Key Dates