Fiserv (FISV) Director Gordon M. Nixon Receives 1,107-Share Award

What Happened

• Gordon M. Nixon, a director of Fiserv, was credited with 1,107 deferred compensation notional units on September 30, 2026. The units were allocated at $45.18 per share, representing a total value of about $50,014. The Form 4 reports this as an award/acquisition (transaction code A) of a derivative security (notional units).

Key Details

• Transaction date and price: 2026-09-30; $45.18 closing price used to calculate units.
• Shares/units received: 1,107 notional units, reported value $50,014 (reflecting $50,000 of deferred compensation divided by $45.18).
• Shares owned after transaction: Not specified on this Form 4.
• Footnote: Units were credited under the Fiserv Non-Employee Director Deferred Compensation Plan; directors may defer cash fees in exchange for notional units. Each notional unit will be settled one-for-one in Fiserv common stock upon cessation of the director’s service.
• Filing timeliness: Form filed 2026-10-01 for a 2026-09-30 allocation; no late filing indication in the report.

Context

• This was not an open-market purchase but a routine director deferred-compensation allocation (a derivative award). Such credits are common for non-employee directors electing to receive fees as equity-equivalent units and do not represent an immediate purchase or sale of shares. The units convert to actual shares only when the director’s service ends.