Fiserv (FI) CAO Kenneth Best covers RSU taxes with 531 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fiserv Inc.'s Chief Accounting Officer Kenneth Best reported a routine tax-related share disposition. On this Form 4, he surrendered 531 shares of common stock at $58.40 per share to cover tax withholding tied to vesting of restricted stock units, and held 64,586 shares afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Best Kenneth
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 531 | $58.40 | $31K |
Holdings After Transaction:
Common Stock — 64,586 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Fiserv (FI) report for Kenneth Best?
Fiserv reported that Chief Accounting Officer Kenneth Best disposed of 531 common shares to satisfy tax withholding on vested restricted stock units. This was a non-open-market tax-withholding transaction, leaving him with beneficial ownership of 64,586 Fiserv common shares afterward.
Was the Kenneth Best Form 4 transaction in Fiserv (FI) an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to cover tax liability arising from restricted stock units vesting, a common administrative mechanism for equity compensation.
What does transaction code F mean in the Fiserv (FI) Form 4 for Kenneth Best?
Transaction code F indicates payment of tax liability or exercise price by delivering securities. In this filing, 531 Fiserv shares were withheld to satisfy taxes owed upon restricted stock units vesting, rather than being sold on the open market.