Frank Bisignano - 20 Sep 2024 Form 4 Insider Report for FISERV INC (FI)

Signature
/s/ Eric C. Nelson (attorney-in-fact)
Issuer symbol
FI
Transactions as of
20 Sep 2024
Net transactions value
-$25,718,036
Form type
4
Filing time
23 Sep 2024, 16:11:32 UTC
Previous filing
28 Aug 2024
Next filing
30 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FI Common Stock Sale $5,872,927 -33,248 -1.1% $176.64 3,076,836 20 Sep 2024 Direct F1, F2
transaction FI Common Stock Sale $19,791,646 -111,452 -3.6% $177.58 2,965,384 20 Sep 2024 Direct F1, F3
transaction FI Common Stock Sale $53,463 -300 -0.01% $178.21 2,965,084 20 Sep 2024 Direct F1, F4
holding FI Common Stock 13,640 20 Sep 2024 By Spouse
holding FI Common Stock 4,809 20 Sep 2024 See Footnote F5
holding FI Common Stock 826 20 Sep 2024 See Footnote F5
holding FI Common Stock 1,253 20 Sep 2024 See Footnote F5
holding FI Common Stock 17,173 20 Sep 2024 See Footnote F6
holding FI Common Stock 81,550 20 Sep 2024 By Trust F7
* 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 June 21, 2024, by the reporting person for estate and financial planning purposes.
F2 This transaction was executed in multiple trades at prices ranging from $176.17 to $177.16. 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 This transaction was executed in multiple trades at prices ranging from $177.17 to $178.14. 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.
F4 This transaction was executed in multiple trades at prices ranging from $178.19 to $178.25. 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.
F5 These shares are held in an account, of which the reporting person acts as custodian, for the benefit of a minor.
F6 Held by the Frank J. Bisignano 2022 Grantor Retained Annuity Trust.
F7 These shares are held by trusts, of which the reporting person serves as trustee, for the benefit of the reporting person's children.