Rosman Adam L. 4
Research Summary
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FISERV Chief Admin & Legal Officer Adam Rosman Sells 3,657 Shares
What Happened Adam L. Rosman, FISERV's Chief Administrative and Legal Officer, had a total of 3,657 shares of FISV withheld to satisfy tax withholding related to the vesting of restricted stock units. The transactions occurred at a price of $61.47 per share: 1,455 shares on 2026-02-21 ($89,439) and 2,202 shares on 2026-02-22 ($135,357), for combined value of $224,796. These were disposition/withholding transactions, not open-market sales.
Key Details
- Transaction dates and prices: 2026-02-21 — 1,455 shares @ $61.47; 2026-02-22 — 2,202 shares @ $61.47.
- Total shares withheld: 3,657; total value: $224,796.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: F1 — payment of tax liability by withholding securities incident to vesting of restricted stock units (i.e., tax withholding on RSUs).
- Filing: Form 4 filed 2026-02-23 covering transactions on 2026-02-21 and 02-22; appears to be filed within the normal reporting window.
Context These transactions represent tax-withholding on RSU vesting (sometimes called a cashless or share-withholding settlement), which is routine and does not necessarily indicate an insider selling stock for investment reasons. It is different from an open-market sale or a scheduled 10b5-1 disposition plan.