Form 4: Fiserv Inc. Executive Kenneth Best Reports Stock Transactions
SEC Form 4 Filing
Kenneth Best, Chief Accounting Officer of Fiserv Inc., reports acquisition and disposal of common stock due to vesting of restricted stock units and tax liability payments.
Summary
- On February 23, 2024, Kenneth Best, Chief Accounting Officer of Fiserv Inc., acquired 4,975 shares of common stock.
- These shares were acquired as part of restricted stock units vesting.
- On the same day, Best disposed of 633 shares of common stock at a price of $150.76 to cover tax liabilities related to the vesting of restricted stock units.
- On February 26, 2024, Best disposed of an additional 107 shares at $150.96 for tax liabilities.
- Following these transactions, Best directly owns 38,771 shares of Fiserv Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Acquisition of 4,975 shares of common stock and disposal of 633 shares for tax liability. |
| 02/26/2024 | Disposal of 107 shares for tax liability. |
| 02/27/2024 | Date of signature for the Form 4 filing. |
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