ACI Worldwide CFO surrenders shares for tax payment
ACI Worldwide Chief Financial Officer Robert William Leibrock reported a routine share disposition tied to equity compensation.
Rhea-AI Filing Summary
ACI Worldwide Chief Financial Officer Robert William Leibrock reported a routine share disposition tied to equity compensation. He surrendered 1,289 shares of common stock at $42.80 per share to the issuer to cover taxes on the vesting of 4,113 restricted stock units. After this transaction, he directly holds 208,260 shares, so the tax-related disposition represents a small portion of his overall position.
Positive
- None.
Negative
- None.
Insights
CFO surrendered shares to cover taxes on vesting RSUs.
The filing shows ACI Worldwide’s CFO, Robert William Leibrock, disposing of 1,289 common shares at $42.80 per share. A footnote explains these shares were surrendered to the issuer to pay tax liabilities arising from the vesting of 4,113 restricted stock units granted on March 6, 2026.
This is a compensation-driven event rather than an open-market sale, so it carries limited signaling value about management’s view of the stock. Following the transaction, the CFO still directly owns 208,260 shares, indicating that only a small fraction of his holdings was used to satisfy taxes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 1,289 | $42.80 | $55K |
Footnotes (1)
- F1. Represents shares surrendered by the reporting person to pay the tax liability due upon the vesting of 4,113 shares, representing one twelfth of the restricted stock units granted on March 6, 2026.
Key Figures
Key Terms
restricted stock units financial
Disposition to issuer financial
tax liability financial
Form 4 regulatory
FAQ
What insider transaction did ACIW’s CFO report on this Form 4?
Was the ACIW CFO’s Form 4 transaction an open-market sale?
What does the transaction code on the ACIW Form 4 indicate?
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