Nixon Gordon M. 4
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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).