Fiserv Director Lance Fritz Acquires Deferred Stock Units

Executive Summary

On October 1, 2026, Fiserv, Inc. (NASDAQ: FISV) filed a Form 4 detailing an acquisition of 858 Deferred Compensation Notional Units by Director Lance M. Fritz. The transaction occurred on September 30, 2026, at an effective price of $45.18 per unit, totaling approximately $38,764 in deferred compensation.

Transaction Details

• Reporting Person: Lance M. Fritz, Director
• Security: Deferred Compensation Notional Units (Derivative)
• Transaction Code: A (Award / Acquisition)
• Shares/Units Acquired: 858
• Price Per Share: $45.18
• Total Value: $38,764.44 ($38,750 base deferred compensation)
• Post-Transaction Beneficial Ownership: 4,089 units
• Underlying Security: Fiserv Common Stock (1-for-1 settlement upon cessation of board service)

Context and Analysis

This transaction represents routine director fee deferral under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan. Instead of receiving quarterly cash board fees, Director Fritz opted to defer $38,750 into phantom/notional stock units pegged to Fiserv common stock.

Because this is an automated conversion of director cash retainers into equity-linked units rather than an open-market purchase or discretionary sale, it holds low informational signal for market participants.