Rosman Adam L. 4
Research Summary
AI-generated summary
FISERV Chief Admin. & Legal Officer Adam Rosman Receives 65,665 RSUs
What happened
- Adam L. Rosman, Chief Administrative and Legal Officer of FISERV (FISV), received a grant of 65,665 restricted stock units (RSUs) on February 18, 2026. The Form 4 reports the acquisition price as $0 (grant/award), so the filing shows $0 total purchase value — this is a compensation award, not an open-market purchase or sale.
Key details
- Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (filed two days after the transaction).
- Transaction type/code: Award/Grant (A) — 65,665 RSUs; reported price $0; reported dollar amount $0.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: One-third of these restricted stock units vest on each anniversary of the grant date (i.e., a three-year annual vesting schedule).
- Timeliness: Filing appears timely based on the provided dates.
Context
- RSU awards are a form of compensation. These units typically convert into actual shares as they vest and are generally taxed as ordinary income at vesting; the filing does not indicate any immediate sale or cashless transaction. Awards are routine for executive pay and do not, by themselves, indicate an insider buying or selling stock.