GEORGAKOPOULOS PANAGIOTIS 4
Research Summary
AI-generated summary
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.