Mamilli Wafaa 4

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.