ACI Worldwide (ACIW) executive surrenders shares to cover RSU tax liabilities
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACI Worldwide, Inc. executive Erich J. Litch reported two dispositions of common stock on behalf of the company on March 4, 2026. He surrendered 147 shares at $42.44 per share and 724 shares at $42.44 per share back to the issuer. According to the footnotes, these shares were surrendered to cover tax liabilities triggered by the vesting of restricted stock units granted on December 4, 2024 and March 4, 2025, rather than open-market sales. After these transactions, he continued to hold thousands of shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Litch Erich J
Role
GM, Payment Software
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 147 | $42.44 | $6K |
| Disposition | Common Stock | 724 | $42.44 | $31K |
Holdings After Transaction:
Common Stock — 17,768 shares (Direct)
Footnotes (1)
- Represents shares surrendered by the reporting person to pay the tax liability due upon the vesting of 277 shares, representing one twelfth of the restricted stock units granted on December 4, 2024 Represents shares surrendered by the reporting person to pay the tax liability due upon the vesting of 1,358 shares, representing one twelfth of the restricted stock units granted on March 4, 2025
FAQ
What did ACI Worldwide (ACIW) executive Erich Litch report on this Form 4?
Erich J. Litch reported two dispositions of ACI Worldwide common stock on March 4, 2026. He surrendered 147 shares and 724 shares back to the issuer at $42.44 per share, tied to restricted stock unit vesting events.
What restricted stock unit grants are referenced in Erich Litch’s ACIW Form 4?
The footnotes reference restricted stock units granted on December 4, 2024 and March 4, 2025. On March 4, 2026, one-twelfth of each grant vested, triggering tax liabilities covered by surrendering ACI Worldwide shares.