Are there any insider or executive trading patterns that suggest knowledge of the alleged fraud?

Answer

Based on the information you supplied—namely the Business Wire press release from Glancy Prongay & Murray LLP announcing the September 22 2025 deadline for filing a lead‑plaintiff motion in the Fiserv, Inc. (ticker FI) securities‑fraud class action—there is no mention of insider or executive trading activity that would suggest that corporate insiders or executives had knowledge of the alleged fraud.

Why the press release does not provide evidence of insider trading

What this means for your question

• No insider‑trading patterns are described in the press release.
  
• The release does not reference any Form 4 filings, 10‑K or 10‑Q disclosures, or other SEC documents that would reveal whether executives or insiders bought, sold, or otherwise transacted FI shares in a way that could be interpreted as “front‑running” the alleged fraud.
  
• Consequently, we cannot infer from this specific news item that insiders had knowledge of, or acted on, the purported fraudulent activity.

How you could still investigate insider activity

If you need to determine whether any insider or executive trading patterns suggest knowledge of the alleged fraud, you would have to look beyond the press release and consult the following sources:

1. SEC Form 4 filings (Insider Transaction Reports) – These disclose any purchases, sales, or option exercises by corporate insiders (e.g., officers, directors, 10% shareholders).
   
2. Section 16(b) “short‑sale” reports – If insiders shorted FI stock, those filings would appear on Form 144 (or related disclosures).
   
3. Beneficial‑owner disclosures (Form 13D/13G) – Large investors (≥5% of a class) must file these; sudden changes could hint at informed trading.
   
4. Trading‑history analytics tools (e.g., Bloomberg, FactSet, or SEC’s EDGAR “Insider Trading” search) – These can plot daily insider transaction volumes against the timeline of the alleged fraud.
   
5. Company’s 10‑K/10‑Q filings – Management discussion & analysis (MD&A) sections sometimes discuss “material events” that could be linked to the alleged wrongdoing.
   
6. Court documents from the class action – The complaint and any discovery material may already contain summaries of insider‑trading investigations performed by the plaintiffs’ experts.

Bottom line

• From the provided news release alone: there is no evidence of insider or executive trading patterns that would suggest knowledge of the alleged fraud.
  
• To answer definitively whether insiders acted on non‑public information, you would need to examine SEC insider‑transaction filings, the company’s periodic reports, and any publicly‑available court filings related to the case.
  

If you obtain those additional data sources, a more thorough pattern‑analysis (e.g., timeline comparison, abnormal‑volume tests, or “insider‑trading anomaly” metrics) could be performed. Until then, the press release does not support any conclusion about insider knowledge or trading behavior.