Yarkoni Charlotte 4
Research Summary
AI-generated summary
Fiserv (FISV) Director Charlotte Yarkoni Receives Award
What Happened
Charlotte Yarkoni, a non-employee director of Fiserv, was credited 583 notional units (derivative awards) on March 31, 2026. The filing reports an acquisition (code A) at an implied price of $55.80 per unit, totaling approximately $32,531. This was a deferred compensation credit rather than an open-market purchase or sale.
Key Details
- Transaction date: March 31, 2026; Form 4 filed April 2, 2026.
- Reported: 583 notional units @ $55.80 = ~$32,531 (derivative award).
- Shares owned after the transaction: not specified in this Form 4.
- Footnote: Units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan for $32,500 of deferred fees; number of units is the deferred amount divided by the closing stock price ($55.80).
- Settlement: Each notional unit will be settled one-for-one in Fiserv common stock after the director’s service ends.
- Filing timeliness: No late filing indication in this report.
Context
This is a routine deferred-compensation credit to a director (administrative/compensation-related) and not a cash purchase or sale that signals trading intent. The award is a derivative notional-unit allocation that converts to shares upon cessation of service, per the plan rules.