Insider for issuer (NYSE: ACI) plans sale of 50,000 shares
Rhea-AI Filing Summary
An insider of the issuer filed a notice of intent to sell 50,000 shares of Class A stock through Fidelity Brokerage Services LLC. The planned sale has an approximate aggregate market value of $881,401.63, with an approximate sale date of 01/14/2026 on the NYSE. The issuer reported 513,913,121 shares of this class outstanding, which is a baseline figure, not the amount being sold.
The notice shows these securities were acquired through restricted stock vesting on 08/19/2022 and 02/25/2023, as compensation from the issuer. It also discloses that Michael T. Theilmann sold 100,000 Class A shares on 10/16/2025 for gross proceeds of $1,935,144.77 during the prior three months, as required by Rule 144 reporting.
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FAQ
What does this Form 144 filing for ACI disclose?
The filing discloses that an insider of the issuer intends to sell 50,000 shares of Class A stock, and provides details on prior sales and how the shares were acquired under Rule 144.
How many shares is the insider planning to sell in this Form 144 for ACI?
The insider plans to sell 50,000 shares of Class A securities, with an approximate aggregate market value of $881,401.63.
When is the planned sale under this ACI Form 144 expected to occur?
The notice lists an approximate sale date of 01/14/2026 for the planned sale of 50,000 Class A shares on the NYSE.
How many ACI shares of this class are outstanding according to the Form 144?
The Form 144 states that there are 513,913,121 Class A shares outstanding, providing context for the size of the planned sale.
How were the ACI shares being sold under Form 144 originally acquired?
The shares were acquired through restricted stock vesting from the issuer on 08/19/2022 and 02/25/2023, as part of compensation.
What prior ACI share sales by this person are reported in the last three months?
The filing reports that Michael T. Theilmann sold 100,000 Class A shares on 10/16/2025, generating gross proceeds of $1,935,144.77.
Which broker is handling the planned sale in this ACI Form 144?
The planned sale of 50,000 Class A shares is listed through Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island.