Rosman Adam L. 4
Research Summary
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FISERV (FISV) Chief Administrative & Legal Officer Adam Rosman Receives Award
What Happened Adam Rosman, FISERV’s Chief Administrative and Legal Officer, received 7,981 shares on February 17, 2026 upon the vesting of performance share units (PSUs). Of those, 3,211 shares were withheld to satisfy tax withholding obligations at an implicit withholding price of $63.45, resulting in withholding value of about $203,738. The 7,981 shares were issued at $0.00 as the result of PSU vesting (award).
Key Details
- Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (timely filing).
- Awarded/issued: 7,981 shares (code A — award/grant/acquisition) at $0.00.
- Withheld for taxes: 3,211 shares (code F — tax withholding) at $63.45 per share; withholding value ≈ $203,738.
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes: (F1) shares issued upon vesting of PSUs granted Feb 22, 2023; (F2) withholding of securities to pay tax liability.
Context This was not an open-market sale or a purchase: it reflects PSU vesting and routine withholding to cover taxes (a cashless-withholding arrangement). Such withholding transactions are common and typically reflect standard compensation mechanics rather than a deliberate investment decision. Transaction codes: A = award/vesting, F = tax withholding.
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