DE CASTRO HENRIQUE 4
4 · FISERV INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Fiserv Director Henrique de Castro Receives 583 Deferred Units
What Happened
Henrique de Castro, a member of the Fiserv (FISV) board of directors, was credited with 583 notional (deferred-compensation) units on March 31, 2026. The filing reports these units at $55.80 per share, for a reported value of $32,531. This transaction is an award/acquisition (Form 4 code "A") of derivative units under the company's Non‑Employee Director Deferred Compensation Plan—not an open‑market purchase of common stock.
Key Details
- Transaction date and price: March 31, 2026; units calculated using Fiserv closing price $55.80.
- Units/shares credited: 583 notional units; reported derivative value $32,531 (583 × $55.80). The Plan reflected $32,500 of deferred compensation that was converted to units (rounding yields 583 units).
- Nature: Derivative award (deferred‑compensation notional units) credited under the Non‑Employee Director Deferred Compensation Plan (transaction code A).
- Settlement: Each notional unit will be settled one‑for‑one in Fiserv common shares following cessation of the director’s service (per footnote).
- Shares owned after transaction: Not specified in the excerpt of the filing.
- Filing timeliness: Form 4 filed April 2, 2026 (no late‑filing flag indicated).
Context
This is a routine director deferred‑compensation credit: fees that would have been paid in cash were deferred and converted into notional units that track the company’s stock price and will be paid in shares later. Such deferred unit awards are administrative and do not represent an immediate market purchase or sale of shares.
Insider Transaction Report
- Award
Deferred Compensation Notional Units
[F1]2026-03-31$55.80/sh+583$32,531→ 6,177 total→ Common Stock (583 underlying)
Footnotes (1)
- [F1]These deferred compensation notional units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan (the "Plan"), under which director fees otherwise payable in cash may be deferred in exchange for the allocation of notional units under the Plan. This Form 4 reports the crediting of units under the Plan on March 31, 2026, in respect of $32,500 of deferred compensation. The number of notional units credited is calculated by dividing the amount of compensation that is deferred by the closing price of the company's common stock on the date of deferral, or last business day prior. On March 31, 2026, the closing price of Fiserv's common stock was $55.80 per share. Following cessation of the reporting person's service to the company, each notional unit will be settled in shares of Fiserv common stock on a one-for-one basis.