ACI Worldwide CEO granted 85,546 RSUs
Warsop Thomas W III reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Warsop Thomas W III reported acquisition or exercise transactions in this Form 4 filing.
ACI Worldwide, Inc. reported that Director, President and CEO Thomas W. Warsop III received a grant of 85,546 shares of Common Stock in the form of restricted share units. These RSUs were awarded under the company's 2020 Equity and Performance Incentive Plan and carry no purchase price.
The restricted share units vest in equal annual installments over a three-year period, meaning the award is designed to retain and incentivize the CEO over multiple years. Following this grant, Warsop directly holds 383,871 shares of ACI Worldwide common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 85,546 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted share units awarded pursuant to the Company's 2020 Equity and Performance Incentive Plan, as amended. The restricted share units vest in equal annual installments over a three-year period.
FAQ
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What insider transaction did ACIW CEO Thomas W. Warsop III report?
What type of equity award did ACIW grant to its CEO in this filing?
Was the ACIW CEO’s Form 4 transaction an open-market stock purchase or sale?
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