Best Kenneth 4
Research Summary
AI-generated summary
FISV Chief Accounting Officer Kenneth Best Withholds 531 Shares
What Happened Kenneth Best, Chief Accounting Officer of Fiserv, Inc. (FISV), had 531 shares withheld to cover tax liability related to the vesting of restricted stock units. The filing shows a disposition of 531 shares at $58.40 per share, for a notional value of approximately $31,010. This was a tax-withholding event (code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-23; reported on Form 4 filed 2026-02-24.
- Price/amount: 531 shares withheld at $58.40 each; total ≈ $31,010.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: F1 — withholding of securities to pay tax liability incident to RSU vesting.
- Timeliness: No late-filing flag indicated in the report.
Context This was a routine tax-withholding disposition tied to RSU vesting (a common cashless mechanism where the company retains shares to cover taxes). Such withholdings are administrative and generally not viewed as a directional market signal like open-market purchases or voluntary sales.