FISERV INC·4

Feb 23, 4:17 PM ET

Suryadevara Dhivya 4

Research Summary

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Updated

FISERV Co-President Dhivya Suryadevara Withholds Shares for Taxes

What Happened

  • Dhivya Suryadevara, Co‑President of Fiserv (FISV), reported a disposition of 29,594 shares on 2026-02-20. The shares were withheld to satisfy tax obligations tied to the vesting of restricted stock units (RSUs). The withholding was executed at $61.47 per share, totaling $1,819,143. This is a routine tax-withholding transaction rather than an open‑market sale.

Key Details

  • Transaction date: 2026-02-20
  • Price per share: $61.47
  • Shares withheld/disposed: 29,594
  • Approximate value: $1,819,143
  • Footnote: F1 — payment of tax liability by withholding securities incident to vesting of restricted stock units
  • Filing date: 2026-02-23 (report covers 2026-02-20). The filing itself does not specify a late-report code; investors can check whether the submission met the SEC’s 2-business-day Form 4 timing requirement.
  • Shares owned after transaction: not specified in the filing

Context

  • Withholding shares to cover taxes on vested RSUs is a common, administrative action and does not necessarily indicate insider sentiment about the company’s prospects. This was not an open‑market sale for cash; it’s effectively a cashless tax payment tied to compensation.