Insider trade

CFO purchased ~$1.06M of FISV shares in the open market

Traded Dec 1, 2025 · Filed Dec 3, 2025

~$1.06M
Approx. value · 17K sh @ $62.41: 24K
Holds after · shares reported: −27.4%
stock since the trade · S&P 500 +14.5%, $62.69 → $45.48 on Oct 6

Why it stands out

The CFO of Fiserv paid $1.06M out of pocket for Fiserv shares. 1 other person at Fiserv bought some too, in the same month. The Fiserv shares held grew by 228%.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Dec 1, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 3, 2025

CFO$1M+Holdings +228%2 insiders bought in 30d

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$1,060,970

Shares × reported transaction price

Size band

$1M+

Ownership change

+228.1%

Purchase shares ÷ estimated pre-transaction holdings, from the filing

Rarity

Not enough history to judge

Confirmed open-market purchases by the same insider in the available history

Cluster activity

2 distinct insiders in 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Size vs officer pay

This purchase equals about 17% of the average reported total pay of the company's named executive officers other than the CEO, fiscal 2024 ($6.1M)

An average across the officers named in the pay versus performance table of the company's proxy statement (DEF 14A), filed 2026-04-02. This person may not be one of them, so it is not their own pay. A size comparison, not a judgement

Timing vs results

33 days after results of Oct 29, 2025, 71 days before results of Feb 10, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Nov 14, 2025 in the U.S. District Court, E.D. Wisconsin. A filing is an allegation, not a finding.

3 such cases were open. Lombard v. Fiserv Inc, docket 2:25-cv-01786, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	−0.6%	+0.5%	−1.1%
30 days	−2.0%	−0.1%	−1.9%
90 days	−6.1%	−0.5%	−5.5%
180 days	−11.8%	+10.9%	−22.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0001612508-25-000009
Filed / recorded: Dec 3, 2025, 3:58 AM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: FISERV INC
Issuer CIK: 798354
Ticker: FISV
Reporting person: Paul M Todd
Relationship: Officer
Officer title: Chief Financial Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 1, 2025
Transaction code: P
Shares / units: 17,000
Price per share: $62.41
Acquired / disposed: Acquired (A)
Shares owned after: 24,453
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was executed in multiple trades at prices ranging from $62.34 to $62.48. The price reported above reflects the weighted average purchase 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.