Mamilli Wafaa 4
4 · FISERV INC · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Fiserv (FISV) Director Mamilli Wafaa Receives Award
What Happened
Mamilli Wafaa, a non-employee director of Fiserv, was credited with 765 notional units (derivative grant) on June 30, 2026. The units were allocated at a closing price of $49.05 per share, producing a reported value of $37,523 (the underlying deferred compensation amount cited in the filing is $37,500). These are not immediate common shares but notional units that will be settled one-for-one in Fiserv common stock after the reporting person's service ends.
Key Details
- Transaction date: 2026-06-30; transaction type: Award/Grant (code A), Derivative.
- Units credited: 765 notional units; price used: $49.05 per share; reported value: $37,523 (deferred comp = $37,500 per footnote).
- Shares owned after transaction: Not reported on this Form 4.
- Footnote: Units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan; director fees were deferred in exchange for notional units; settlement is one-for-one into common shares upon cessation of service.
- Filing timeliness: Form 4 filed 2026-07-01 for a 2026-06-30 crediting (appears timely).
Context
This is routine director compensation credited as deferred, not an open-market purchase or sale. Because these are notional/derivative units that convert to shares only upon a future settlement event, the transaction does not change voting power or involve immediate cash proceeds. Such awards are common for non-employee director pay and should be viewed as compensation, not a direct buy/sell signal.
Insider Transaction Report
- Award
Deferred Compensation Notional Units
[F1]2026-06-30$49.05/sh+765$37,523→ 2,640 total→ Common Stock (765 underlying)
Footnotes (1)
- [F1]These deferred compensation notional units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan (the "Plan"), under which director fees otherwise payable in cash may be deferred in exchange for the allocation of notional units under the Plan. This Form 4 reports the crediting of units under the Plan on June 30, 2026, in respect of $37,500 of deferred compensation. The number of notional units credited is calculated by dividing the amount of compensation that is deferred by the closing price of the company's common stock on the date of deferral, or last business day prior. On June 30, 2026, the closing price of Fiserv's common stock was $49.05 per share. Following cessation of the reporting person's service to the company, each notional unit will be settled in shares of Fiserv common stock on a one-for-one basis.