secwatch.observer — SEC 8-K summary
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Issuer:     FISERV INC (FISV)
CIK:        0000798354
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0001193125-26-060345
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Fiserv grants CEO Michael P. Lyons $30M supplemental equity award tied to shareholder return and One Fiserv plan
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- Supplemental award: $18M in PSUs (cliff vest after 3 years on relative TSR and One Fiserv metrics) and $12M in RSUs (vest pro-rata over 3 years).
- Annual equity award of ~$18.7M also granted same date: 60% PSUs (tied to TSR, revenue, EPS, free cash flow) and 40% RSUs.
- One Fiserv action plan performance metrics will be set at the 2026 investor day.
- Award aims to retain Lyons and align incentives with long-term shareholder value creation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798354/000119312526060345/0001193125-26-060345-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798354/000119312526060345/d38810d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-060345

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer