FI - Major Decision: Guy Chiarello Exercises Options Realizing $6.61M At Fiserv | Benzinga
On March 21, it was revealed in an SEC filing that Guy Chiarello, Chief Operating Officer at Fiserv (NYSE:FI) executed a significant exercise of company stock options.
What Happened: Chiarello, Chief Operating Officer at Fiserv, made a strategic move by exercising stock options for 63,646 shares of FI as detailed in a Form 4 filing on Thursday with the U.S. Securities and Exchange Commission. The transaction value amounted to $6,605,818.
Fiserv shares are trading up 0.41% at $157.0 at the time of this writing on Friday morning. Since the current price is $157.0, this makes Chiarello's 63,646 shares worth $6,605,818.
Get to Know Fiserv Better
Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for US banks and credit unions, with a focus on small and midsize banks. Through the merger with First Data in 2019, Fiserv also provides payment processing services for merchants. About 10% of the company's revenue is generated internationally.
Financial Insights: Fiserv
Revenue Growth: Fiserv's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 6.18%. This indicates a ...