Form 4: Fiserv Executive John Gibbons Reports Stock Disposals for Tax Obligations

John Gibbons, EVP at Fiserv, reports disposing of shares to cover tax liabilities related to vesting restricted stock units.

Summary

• On February 23, 2024, John Gibbons, EVP at Fiserv, disposed of 1,670 shares of common stock at a price of $150.76 to cover tax liabilities.
• Following this transaction, Gibbons directly owns 31,958 shares of Fiserv common stock.
• On February 26, 2024, Gibbons disposed of an additional 835 shares of common stock at a price of $150.96 for the same reason.
• After the second transaction, Gibbons directly owns 31,123 shares of Fiserv common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive stock transactions and is common in the financial services industry.

Comparison to Industry Standards

• Executive stock transactions are a normal part of compensation packages in publicly traded companies like Fiserv.
• Similar transactions are regularly reported by executives at companies such as Visa, Mastercard, and Global Payments.
• The scale of these transactions is typical for executives at this level.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the small number of shares involved.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates