Form 4: Fiserv Executive Reports Routine Stock Vesting Tax Withholding
Insider Transaction Report
Fiserv EVP Jennifer A. LaClair reported the disposition of 3,119 shares of common stock valued at $167.35 per share to cover tax liabilities related to restricted stock unit vesting.
Summary
- Jennifer A. LaClair, Executive Vice President and Head of Merchant Solutions at Fiserv Inc. (FI), reported a transaction on July 17, 2025.
- The transaction involved the disposition of 3,119 shares of Fiserv common stock.
- This disposition was for the payment of tax liability by withholding securities incident to the vesting of restricted stock units.
- The shares were disposed of at a price of $167.35 per share.
- Following this transaction, Jennifer A. LaClair beneficially owns 29,010 shares of Fiserv common stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding incident to restricted stock unit vesting, which is a neutral event for company operations and financial health. It reflects standard executive compensation practices.
Industry Context
This transaction represents a routine insider filing related to executive compensation, common across all industries, particularly for publicly traded companies where equity awards are a standard component of remuneration. It does not reflect specific industry trends but rather a common mechanism for managing tax obligations on vested equity.
Comparison to Industry Standards
- The disposition of shares to cover tax liabilities upon the vesting of restricted stock units is a standard and widely accepted practice for executive compensation across global industries. This mechanism is routinely observed in filings from executives at comparable financial technology companies and large corporations.
Stakeholder Impact
- Shareholders: Minor, as it is a routine tax-related disposition and does not indicate a change in insider sentiment or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 07/17/2025 | Date of transaction for the disposition of shares. |
| 07/18/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Fiserv, FI, SEC Form 4, Insider Transaction, Stock Vesting, Restricted Stock Units, Tax Withholding, Jennifer A. LaClair, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.