FISERV INC·4

Apr 2, 4:11 PM ET

Mamilli Wafaa 4

Research Summary

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FISERV Director Mamilli Wafaa Receives 673-Share Award

What Happened

  • Mamilli Wafaa, a Fiserv (FISV) director, was credited with 673 notional shares (derivative units) under the Non-Employee Director Deferred Compensation Plan on March 31, 2026. The reported per-share value was $55.80, for a total reported value of $37,553. The transaction is reported as an award/grant (code A).

Key Details

  • Transaction date and price: March 31, 2026 — 673 units at $55.80 each (total $37,553).
  • Transaction type: Award of deferred-compensation notional units (derivative), reported on Form 4 filed April 2, 2026.
  • Shares owned after transaction: Not specified in the filing.
  • Footnote summary: The units were credited under Fiserv’s Non-Employee Director Deferred Compensation Plan in respect of $37,500 of deferred compensation. The number of units is calculated by dividing deferred pay by the closing stock price (closing price $55.80 on March 31, 2026). Each notional unit will be settled one-for-one in Fiserv common stock after the director’s service ends.
  • Timeliness: Form 4 was filed April 2, 2026 for a March 31, 2026 allocation (appears timely).

Context

  • These are not open-market purchases or immediate share issuances; they are bookkeeping (notional) units representing deferred director compensation that will convert to actual shares upon settlement (typically after the director leaves service). Such awards are routine compensation for non-employee directors and do not necessarily signal a buy/sell decision.