DE CASTRO HENRIQUE 4
Research Summary
AI-generated summary
Fiserv Director Henrique de Castro Receives RSU Award
What Happened
Henrique de Castro, a director of Fiserv, Inc. (FISV), received a grant of 4,121 restricted stock units (RSUs) on May 21, 2026. The award was granted at $0.00 per unit (no cash paid at grant); the RSUs represent a contingent right to receive one share of Fiserv common stock upon vesting. This is a compensation/award transaction rather than a market purchase or sale.
Key Details
- Transaction date: 2026-05-21 (reported on Form 4 filed 2026-05-22).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 4,121 RSUs. Grant price: $0.00; no immediate cash value recorded at grant.
- Vesting: 100% vests on the earlier of (i) the first anniversary of the grant date or (ii) immediately prior to the first annual meeting of shareholders after the grant date (see footnote).
- Shares owned after transaction: Not specified in the provided excerpt.
- Filing timeliness: Reported the next day (appears timely); not marked late.
Context
RSUs are a form of equity compensation that convert into actual shares when they vest; they are common for directors and employees and do not by themselves indicate buying or selling sentiment. Taxes and any withholding related to issuance typically occur at vesting or delivery. This grant should be viewed as routine compensation rather than an open-market investment by the insider.