ACI Worldwide CEO surrenders shares for tax liability
ACI Worldwide, Inc. President and CEO Thomas W. Warsop III reported a routine share disposition tied to equity compensation.
Rhea-AI Filing Summary
ACI Worldwide, Inc. President and CEO Thomas W. Warsop III reported a routine share disposition tied to equity compensation. On the transaction date, he surrendered 8,075 shares of common stock, valued at $45.03 per share, back to the company to cover tax liabilities.
The tax obligation arose from the vesting of 20,522 shares, representing one third of the restricted stock units granted on June 1, 2023. After this transaction and the inclusion of 18 shares acquired under the Employee Stock Purchase Plan, Warsop directly holds 483,017 shares of ACI Worldwide common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 8,075 | $45.03 | $364K |
Footnotes (2)
- F1. Represents shares surrendered by the reporting person to pay the tax liability due upon the vesting of 20,522 shares, representing one third of the restricted stock units granted on June 1, 2023.
- F2. The amount of securities owned has been updated to include 18 shares acquired under the Company's Employee Stock Purchase Plan.
Key Figures
Key Terms
Disposition to issuer financial
restricted stock units financial
Employee Stock Purchase Plan financial
FAQ
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What insider transaction did ACIW CEO Thomas W. Warsop III report?
How many ACIW restricted stock units vested for the CEO in this filing?
What role did the Employee Stock Purchase Plan play in the ACIW Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.