Nixon Gordon M. 4
4 · FISERV INC · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Fiserv (FISV) Director Gordon M. Nixon Receives 892-Share Award
What Happened Gordon M. Nixon, a non-employee director of Fiserv, was credited with 892 notional shares (derivative units) on June 30, 2026. The units were recorded at a closing price of $49.05 per share, giving a reported value of $43,753 and reflecting $43,750 of deferred director compensation. This was an award/credit under the company’s deferred compensation plan—not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-01 (timely filing).
- Type: Award/Grant (derivative notional units) — Transaction code A.
- Amount: 892 notional units credited at $49.05 = $43,753 reported value (credited in respect of $43,750 deferred comp per footnote).
- Shares owned after transaction: not specified in the Form 4 filing.
- Footnote: Units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan. Notional units are calculated by dividing the deferred cash amount by the closing stock price; upon cessation of service each notional unit will be settled one-for-one in Fiserv common stock.
Context This transaction represents deferred compensation credited as notional stock units for a director and is a routine compensation-related allocation rather than an expression of an open-market buy or sell. The units are derivative entitlements that will convert into actual shares only when settled per the plan (typically after service ends).
Insider Transaction Report
- Award
Deferred Compensation Notional Units
[F1]2026-06-30$49.05/sh+892$43,753→ 1,677 total→ Common Stock (892 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 June 30, 2026, in respect of $43,750 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 June 30, 2026, the closing price of Fiserv's common stock was $49.05 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.