Guy Chiarello - Nov 1, 2023 Form 4 Insider Report for FISERV INC (FI)

Signature
/s/ Eric C. Nelson (attorney-in-fact)
Stock symbol
FI
Transactions as of
Nov 1, 2023
Transactions value $
-$768,825
Form type
4
Date filed
11/2/2023, 04:23 PM
Previous filing
Oct 3, 2023
Next filing
Dec 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FI Common Stock Sale -$769K -6.75K -4.21% $113.90 154K Nov 1, 2023 Direct F1, F2
holding FI Common Stock 37.4K Nov 1, 2023 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan entered into on March 23, 2023, by the reporting person for estate and financial planning purposes.
F2 This transaction was executed in multiple trades at prices ranging from $113.59 to $114.14. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 Held by The Denise Chiarello 2021 Trust for the benefit of the reporting person and the reporting person's children and of which the reporting person serves as trustee.