ACI Worldwide (ACIW) director Adalio Sanchez receives 5,720 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SANCHEZ ADALIO T reported acquisition or exercise transactions in this Form 4 filing.
ACI Worldwide, Inc. director Adalio T. Sanchez reported an equity compensation grant and updated holdings. He received 5,720 shares of common stock as restricted stock units under the company’s 2020 Equity and Performance Incentive Plan, at a stated price of $0.0000 per share.
The restricted shares vest on the earlier of the grant’s anniversary, the day before the next annual stockholder meeting, or a change in control of the company. Following this grant, Sanchez directly holds 70,098 common shares and, through a trust for which his spouse is trustee and his child beneficiary, indirectly holds 31,417 additional shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SANCHEZ ADALIO T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,720 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 70,098 shares (Direct, null);
Common Stock — 31,417 shares (Indirect, by Trust)
Footnotes (1)
- Represents shares of restricted stock units awarded pursuant to the Company's 2020 Equity and Performance Incentive Plan, as amended. The restricted shares vest on the earlier to occur of (i) anniversary of the date of grant, (ii) the day immediately prior to the date of the Company's next annual meeting of the stockholders, or (iii) a change in control of the Company. Represents shares held in a trust regarding which Mr. Sanchez's spouse in the trustee and Mr. Sanchez's child is the beneficiary.
Key Figures
RSU grant: 5,720 shares
Direct holdings after grant: 70,098 shares
Indirect trust holdings: 31,417 shares
+1 more
4 metrics
RSU grant
5,720 shares
Restricted stock units awarded under 2020 Equity and Performance Incentive Plan
Direct holdings after grant
70,098 shares
Common stock directly owned following the transaction on 2026-06-02
Indirect trust holdings
31,417 shares
Common stock held in a trust with spouse as trustee and child as beneficiary
Grant price per share
$0.0000 per share
Reported transaction price for the 5,720-share restricted stock unit award
Key Terms
restricted stock units, 2020 Equity and Performance Incentive Plan, change in control, trust
4 terms
restricted stock units financial
"Represents shares of restricted stock units awarded pursuant to the Company's 2020 Equity and Performance Incentive Plan"
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.
2020 Equity and Performance Incentive Plan financial
"awarded pursuant to the Company's 2020 Equity and Performance Incentive Plan, as amended"
change in control financial
"vest on the earlier to occur of ... or (iii) a change in control of the Company"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
trust financial
"Represents shares held in a trust regarding which Mr. Sanchez's spouse in the trustee"
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
FAQ
What insider transaction did ACI Worldwide (ACIW) director Adalio Sanchez report?
Director Adalio Sanchez reported receiving 5,720 shares of ACI Worldwide common stock as a restricted stock unit grant. These shares were awarded under the company’s 2020 Equity and Performance Incentive Plan as compensation, not an open-market purchase or sale.
How are Adalio Sanchez’s indirect ACI Worldwide (ACIW) holdings structured?
The Form 4 shows 31,417 ACI Worldwide shares held indirectly in a trust. In this trust, Sanchez’s spouse serves as trustee and his child is the beneficiary, so these shares are reported as indirect ownership rather than direct personal holdings.