FISERV INC·4

Feb 19, 4:35 PM ET

GEORGAKOPOULOS PANAGIOTIS 4

Research Summary

AI-generated summary

Updated

FISV Co‑President Panagiotis Georgakopoulos Receives Award, Withholds Shares

What Happened

  • Panagiotis Georgakopoulos, Co‑President of Fiserv (FISV), received 18,045 shares on February 17, 2026 upon vesting of performance share units (PSUs). Those shares were issued at $0.00 as an award. Simultaneously, 9,212 shares were withheld/disposed to satisfy tax withholding at a per‑share value of $63.45, totaling $584,501. The award stems from PSUs granted on September 3, 2024.

Key Details

  • Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-19). Filing appears timely.
  • Award: 18,045 shares issued (code A) at $0.00 (vesting of PSUs).
  • Tax withholding/disposition: 9,212 shares withheld (code F) at $63.45/share, proceeds used to satisfy tax liability = $584,501.
  • Footnotes: F1 confirms issuance upon PSU vesting (9/3/2024 grant); F2 confirms shares were withheld to pay taxes.
  • Shares owned after transaction: not specified in the summary data provided on this filing.

Context

  • This was not an open‑market purchase or a sale for investment purposes but routine issuance on PSU vesting with shares withheld to cover taxes (a common, administrative transaction). Such withholdings are standard and don’t necessarily signal a change in insider sentiment.