Mamilli Wafaa 4
Research Summary
AI-generated summary
Fiserv (FISV) Director Wafaa Mamilli Receives 4,121 RSU Award
What Happened
- Wafaa Mamilli, a director of Fiserv, Inc. (FISV), was granted 4,121 restricted stock units (RSUs) on 2026-05-21. The grant shows an acquisition price of $0.00 (typical for equity awards); reported value at grant is not provided on the Form 4.
Key Details
- Transaction date: 2026-05-21; Filing date: 2026-05-22 (timely filing).
- Transaction type/code: A — Award/Grant.
- Shares/units granted: 4,121 RSUs; acquisition price reported as $0.00.
- Shares owned after transaction: Not specified in this filing.
- Footnote: Each RSU represents a contingent right to one share; they vest 100% on the earlier of (i) the first anniversary of the grant date or (ii) immediately prior to the first annual meeting of shareholders after the grant date.
Context
- RSUs are a form of compensation, not an open‑market purchase or sale. They do not require an immediate cash outlay and only convert to actual shares (and potential taxable income) when they vest.
- Grants to directors are common and reflect compensation practices; they are not a direct buy/sell signal. The eventual economic value will depend on Fiserv’s share price at vesting.