Variable Insurance Products Fund IV

08/27/2026 | Press release | Distributed by Public on 08/27/2026 07:42

Summary Prospectus by Investment Company (Form 497K)

Supplement to the
Fidelity® Variable Insurance Products
Consumer Discretionary Portfolio
Investor Class
April 30, 2026
Summary Prospectus
Effective September 1, 2026, the following information replaces similar information found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.
Jordan Michaels (Co-Portfolio Manager) has managed the fund since 2022.
It is expected that Mr. Michaels will transition off of the fund effective on or about November 30, 2026. At that time, Mr. Shuleva will assume sole portfolio manager responsibilities for the fund.
Ben Shuleva (Co-Portfolio Manager) has managed the fund since 2026.
VCI-INV-SUSTK-0826-103
1.9886518.103
August 27, 2026
Supplement to the
Fidelity® Variable Insurance Products
Consumer Discretionary Portfolio
Initial Class
April 30, 2026
Summary Prospectus
Effective September 1, 2026, the following information replaces similar information found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.
Jordan Michaels (Co-Portfolio Manager) has managed the fund since 2022.
It is expected that Mr. Michaels will transition off of the fund effective on or about November 30, 2026. At that time, Mr. Shuleva will assume sole portfolio manager responsibilities for the fund.
Ben Shuleva (Co-Portfolio Manager) has managed the fund since 2026.
VCII-SUSTK-0826-103
1.9886536.103
August 27, 2026
Supplement to the
Fidelity® Variable Insurance Products
Consumer Discretionary Portfolio
Service Class 2
April 30, 2026
Summary Prospectus
Effective September 1, 2026, the following information replaces similar information found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.
Jordan Michaels (Co-Portfolio Manager) has managed the fund since 2022.
It is expected that Mr. Michaels will transition off of the fund effective on or about November 30, 2026. At that time, Mr. Shuleva will assume sole portfolio manager responsibilities for the fund.
Ben Shuleva (Co-Portfolio Manager) has managed the fund since 2026.
VCI-SC2-SUSTK-0826-101
1.9911399.101
August 27, 2026
Variable Insurance Products Fund IV published this content on August 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 27, 2026 at 13:42 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]