COHEN STEPHANIE 4
4 · FISERV INC · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Fiserv (FISV) Director Stephanie Cohen Receives 663-Share Award
What Happened
- Stephanie Cohen, a non-employee director of Fiserv, was credited with 663 notional units (reported as an award/acquisition) on June 30, 2026. The units were calculated at a closing stock price of $49.05, representing $32,520 in deferred compensation.
- These are deferred-compensation notional units (derivative), not immediate common shares. Each unit will be settled one-for-one into Fiserv common stock after Cohen’s service as a director ends.
Key Details
- Transaction date and price: June 30, 2026; 663 units at an equivalent price of $49.05 per share (total ~$32,520).
- Transaction type: Grant / Award (Form 4 code A); derivative (notional units) credited under the Non-Employee Director Deferred Compensation Plan.
- Shares owned after transaction: Not specified in the filing.
- Footnote summary: The units were allocated in lieu of $32,500 of director cash fees. Number of units = deferred amount ÷ closing price ($49.05). Each unit will convert to one share upon cessation of service.
- Filing timeliness: Reported on Form 4 filed 2026-07-01 for a 2026-06-30 deferral — filed promptly (not marked late).
Context
- Deferred-compensation notional units are a common way for boards to receive equity-linked pay and do not represent an open-market purchase or sale. They are a future settlement arrangement and do not indicate immediate buying or selling sentiment.
Insider Transaction Report
Form 4
FISERV INCFISV
COHEN STEPHANIE
Director
Transactions
- Award
Deferred Compensation Notional Units
[F1]2026-06-30$49.05/sh+663$32,520→ 1,246 total→ Common Stock (663 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 $32,500 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.
Signature
/s/ Eric C. Nelson (attorney-in-fact)|2026-07-01