ACI Worldwide (ACIW) GM Shultz surrenders shares to cover RSU tax liabilities
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACI Worldwide, Inc. executive Ronald Craig Shultz, GM of ACI Speedpay, reported three Form 4 transactions involving common stock. On June 4 and June 6, 2026, he surrendered a total of 1,882 shares back to the company at prices around $42 per share to cover tax liabilities triggered by the vesting of restricted stock units granted in 2024, 2025, and 2026. After these dispositions to the issuer, he directly holds 60,586 shares of ACI Worldwide common stock, indicating these were routine tax-related events rather than open‑market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Shultz Ronald Craig
Role
GM, ACI Speedpay
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 739 | $42.80 | $32K |
| Disposition | Common Stock | 383 | $42.36 | $16K |
| Disposition | Common Stock | 760 | $42.36 | $32K |
Holdings After Transaction:
Common Stock — 60,586 shares (Direct, null)
Footnotes (1)
- Represents shares surrendered by the reporting person to pay the tax liability due upon the vesting of 783 shares, representing one twelfth of the restricted stock units granted on March 4, 2024. Represents shares surrendered by the reporting person to pay the tax liability due upon the vesting of 1,552 shares, representing one twelfth of the restricted stock units granted on March 4, 2025. Represents shares surrendered by the reporting person to pay the tax liability due upon the vesting of 1,469 shares, representing one twelfth of the restricted stock units granted on March 6, 2026.
Key Figures
Shares surrendered June 6, 2026: 739 shares at $42.80
Shares surrendered June 4, 2026 (first): 760 shares at $42.36
Shares surrendered June 4, 2026 (second): 383 shares at $42.36
+4 more
7 metrics
Shares surrendered June 6, 2026
739 shares at $42.80
Disposition to issuer to pay tax liability on RSU vesting
Shares surrendered June 4, 2026 (first)
760 shares at $42.36
Disposition to issuer to pay tax liability on RSU vesting
Shares surrendered June 4, 2026 (second)
383 shares at $42.36
Disposition to issuer to pay tax liability on RSU vesting
Shares held after transactions
60,586 shares
Direct ownership of ACI Worldwide common stock after dispositions
RSU grant date referenced
March 4, 2024
One-twelfth of restricted stock units vested, triggering tax liability
RSU grant date referenced
March 4, 2025
One-twelfth of restricted stock units vested, triggering tax liability
RSU grant date referenced
March 6, 2026
One-twelfth of restricted stock units vested, triggering tax liability
Key Terms
Disposition to issuer, restricted stock units, tax liability, Form 4
4 terms
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
restricted stock units financial
"representing one twelfth of the restricted stock units granted on March 4, 2024"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"shares surrendered by the reporting person to pay the tax liability due upon the vesting"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did ACI Worldwide (ACIW) executive Ronald Craig Shultz report on this Form 4?
Ronald Craig Shultz reported surrendering ACI Worldwide common shares to the company. The transactions reflect shares given back to ACI to cover tax liabilities arising from restricted stock unit vesting, rather than open-market stock sales.
Do the ACI Worldwide (ACIW) Form 4 transactions involve open-market sales by Ronald Craig Shultz?
No, the transactions are labeled “Disposition to issuer” and described as shares surrendered to pay tax liabilities. The footnotes clarify they correspond to restricted stock unit vesting, not open‑market purchases or sales by Ronald Craig Shultz.