Fiserv Director Henrique De Castro Acquires Deferred Compensation Notional Units

Executive Summary

On October 1, 2026, Fiserv, Inc. ($FISV) filed a Form 4 disclosing that Director Henrique De Castro acquired 720 Deferred Compensation Notional Units on September 30, 2026. The units were credited at a reference price of $45.18 per share, representing approximately $32,500 of deferred director fees.

Transaction Details

• Security: Deferred Compensation Notional Units (settled in common stock 1-for-1 upon termination of board service)
• Transaction Code: A (Grant/Award/Allocation)
• Units Acquired: 720
• Price per Unit: $45.18
• Aggregate Value: $32,529.60
• Resulting Ownership: 7,560 notional units held directly

Market & Governance Impact

This transaction reflects routine participation in the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan, where director fees payable in cash are voluntarily or automatically deferred into equity-linked units. Because this is an administrative compensation election rather than an open-market discretionary purchase, it carries low trading significance.