UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On May 6, 2025 (the “Confirmation Date”), the U.S. Senate confirmed Frank J. Bisignano as the Commissioner of the Social Security Administration and Mr. Bisignano resigned as Chairman and Chief Executive Officer and a director of Fiserv, Inc. (the “Company”). On such date, Michael P. Lyons, the President and CEO-Elect of the Company, became Chief Executive Officer and a director of the Company and ceased to be President of the Company. In addition, on such date, Doyle R. Simons, the lead independent director of the Company, became non-executive Chairman of the Board of the Company. As of the Confirmation Date, Mr. Bisignano held 112,921 unvested performance share units (“PSUs”) with respect to the 2023-2025 performance period and 83,899 unvested PSUs with respect to the 2024-2026 performance period. Based on the previously disclosed terms of the PSUs, the relevant performance multiplier, and pro-rated vesting, 153,787 and 57,127 PSUs, respectively, vested on the Confirmation Date. Unvested PSUs as of the Confirmation Date were forfeited. Information regarding Mr. Lyons and the offer letter Mr. Lyons and the Company executed on January 22, 2025 is incorporated herein by reference to Item 5.02 of the Company’s Current Report on Form 8-K dated January 22, 2025 and filed by the Company with the U.S. Securities and Exchange Commission on January 23, 2025.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
EXHIBIT INDEX
| Exhibit Number |
Description | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FISERV, INC. | ||||||
| Date: May 6, 2025 | By: | /s/ Robert W. Hau | ||||
| Robert W. Hau | ||||||
| Chief Financial Officer | ||||||