Guy Chiarello - 15 Jul 2024 Form 4 Insider Report for FISERV INC (FI)

Reporting relationship: Chief Operating Officer
Issuer ticker: FI
Reported as of: 15 Jul 2024
Net transaction value: -$2,449,124
SEC form: 4
Accepted by SEC: 16 Jul 2024, 16:17:37 UTC
Prior SEC filing: 18 Jun 2024
Next SEC filing: 15 Aug 2024
Source filing: View source filing
Reporting owner signature: /s/ Eric C. Nelson (attorney-in-fact)

Key filing fact

Guy Chiarello filed Form 4 for FISERV INC (FI) on 16 Jul 2024.

Key facts

This page summarizes Guy Chiarello's Form 4 filing for FISERV INC (FI).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 16 Jul 2024, 16:17.

Change

Previous filing in this sequence was filed on 18 Jun 2024.
Current net transaction value: -$2,449,124.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FI transaction

Common Stock

Options Exercise

Transaction value: $1,267,440
Shares: +24,000
Change %: +15%
Price: $52.81
Shares after: 187,699
Date: 15 Jul 2024
Ownership: Direct
Footnotes: F1

FI transaction

Common Stock

Sale

Transaction value: $1,672,447
Shares: -10,813
Change %: -5.8%
Price: $154.67
Shares after: 176,886
Date: 15 Jul 2024
Ownership: Direct
Footnotes: F1, F2

FI transaction

Common Stock

Sale

Transaction value: $2,044,117
Shares: -13,187
Change %: -7.5%
Price: $155.01
Shares after: 163,699
Date: 15 Jul 2024
Ownership: Direct
Footnotes: F1, F3

FI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 37,381
Date: 15 Jul 2024
Ownership: By Trust
Footnotes: F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FI transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -24,000
Change %: -50%
Price: $0.000000
Shares after: 24,000
Date: 15 Jul 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 24,000
Exercise price: $52.81
Footnotes: F1, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 5 footnotes

Footnote F1

This option exercise and sale was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on December 15, 2023, for estate and financial planning purposes.

Footnote F2

This transaction was executed in multiple trades at prices ranging from $153.85 to $154.84. 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.

Footnote F3

This transaction was executed in multiple trades at prices ranging from $154.85 to $155.20. 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.

Footnote F4

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.

Footnote F5

This option vested 25% on each of December 31, 2017, and December 31, 2018, and 50% on July 29, 2019.