Form 4: Fiserv Executive Andrew Gelb Sells Over 5,600 Shares of Common Stock

Andrew Gelb, Executive Vice President and Co-Head of Financial Solutions at Fiserv Inc., reported the sale of 5,652 shares of company common stock at a weighted average price of $160 per share.

Summary

• Andrew Gelb, EVP, Co-Head of Financial Solutions at Fiserv Inc. (FI), sold 5,652 shares of common stock.
• The transaction occurred on May 28, 2025.
• The shares were sold at a weighted average price of $160 per share, with individual trades ranging from $160.00 to $160.01.
• Following this transaction, Mr. Gelb directly beneficially owns 25,385 shares of Fiserv common stock.
• The transaction was not made pursuant to a Rule 10b5-1 trading plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While an insider sale can sometimes be viewed negatively, this appears to be a routine transaction for an executive, not indicating a significant shift in company prospects or management confidence.

Positives

• NA

Negatives

• An executive selling shares could be perceived as a slight negative signal, though such sales are often for personal financial planning or diversification.

Risks

• The sale of shares by an executive, especially when not part of a pre-arranged 10b5-1 plan, could be interpreted by some investors as a lack of confidence, though this is not explicitly stated as a risk in the filing itself.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• NA

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends.

Comparison to Industry Standards

• NA

Related Party Transactions

• NA

Stakeholder Impact

• Shareholders: A minor increase in the number of shares available in the market, but unlikely to have a significant impact on share price given the volume relative to total outstanding shares. Could be perceived as a neutral to slightly negative signal regarding insider confidence.

Next Steps

• NA

Key Dates

Keywords

Fiserv, FI, Andrew Gelb, Insider Trading, Stock Sale, Form 4, Executive Compensation, Common Stock