Rosman Adam L. 4

What Happened
Adam L. Rosman, Chief Administrative and Legal Officer of Fiserv, had 1,489 shares withheld to cover tax liabilities associated with vested restricted stock units. The shares were withheld at an indicated price of $60.00 per share, representing a notional value of $89,340. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-07; Filing date: 2026-02-09 (filing appears timely).
• Shares withheld: 1,489 at $60.00 per share; total value ≈ $89,340.
• Transaction code: F — payment of tax liability by withholding securities incident to RSU vesting (footnote F1).
• Shares owned after the transaction: not specified in the provided filing details.
• This was a withholding to satisfy taxes, which is routine and does not necessarily indicate a change in insider sentiment.

Context
Tax-withholding dispositions occur when a company retains or cancels a portion of vested RSUs to cover required taxes; they are administrative actions rather than discretionary sales. Retail investors typically view these as routine and not a direct indicator of the insider’s bullish or bearish view on the stock.