{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-290040","form_type":"8-K","ticker":"FISV","cik":"0000798354","company_name":"FISERV INC","filed_at":"2022-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.591583+00:00","generated_at":"2026-06-21T15:26:15.358625+00:00","sec_items":["5.02","5.03","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Fiserv adopts executive severance policy requiring advisory vote on large payouts; amends bylaws for universal proxy","bullets":["New policy requires advisory shareholder vote if any executive's cash severance exceeds 2.99x base salary plus target bonus.","Bylaws amended to align with SEC universal proxy Rule 14a-19 for director elections.","Meeting adjournment procedures revised; 'chairman' references updated to 'chair'.","Other minor changes to Article I (Offices), Article III (Committees and Director Compensation).","Policy applies to new or amended severance arrangements after Nov 16, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-290040","json":"https://secwatch.observer/filing/0001193125-22-290040.json","markdown":"https://secwatch.observer/filing/0001193125-22-290040.md","text":"https://secwatch.observer/filing/0001193125-22-290040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/798354/000119312522290040/0001193125-22-290040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/798354/000119312522290040/d606620d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T15:26:15.358625+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cd1d2ff2798e858c70490a8e17bcc0ec1b6eb691","claim":"FISERV INC: Amended and restated bylaws to align with SEC universal proxy rules, modify meeting adjournment procedures, update chair references, and make other minor changes (effective 2022-11-16).","evidence_excerpt":"On November 16, 2022, the Board approved an amendment and restatement of the amended and restated by-laws (as amended, the “By-laws”) of the Company to (a) align Sections 5 and 10 of Article II of the By-laws with the Securities and Exchange Commission’s new requirements regarding universal proxies pursuant to Rule 14a-19 promulgated under the Securities Exchange Act of 1934, as amended; (b) modify the provisions relating to meeting adjournment procedures in Section 8(b) of Article II of the By-laws; (c) update references to the “chairman” of the Board to “chair” throughout the By-laws; and (d) make certain other minor changes to Article I – Offices, Section 13, Article III – Committees, and Section 14, Article III – Compensation of Directors.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/798354/000119312522290040/0001193125-22-290040-index.htm","confidence":1.0,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2022-11-16"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}