ACI Worldwide (ACIW) director receives 5,720 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Benitez Juan II reported acquisition or exercise transactions in this Form 4 filing.
ACI Worldwide director Juan Benitez II received 5,720 shares of common stock as a restricted stock unit award. The grant was made at no cash cost under the company’s 2020 Equity and Performance Incentive Plan.
The restricted shares vest on the earlier of the grant anniversary, the day before the next annual stockholder meeting, or a change in control of the company. After this award, Benitez directly holds 22,601 shares of ACI Worldwide common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Benitez Juan II
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,720 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,601 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock unit grant: 5,720 shares
Price per share: $0.0000 per share
Shares held after transaction: 22,601 shares
3 metrics
Restricted stock unit grant
5,720 shares
Common stock award on 2026-06-02
Price per share
$0.0000 per share
Equity compensation grant, no cash paid
Shares held after transaction
22,601 shares
Direct ownership following award
Key Terms
restricted stock units, 2020 Equity and Performance Incentive Plan, change in control, Common Stock
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 ... the day immediately prior to the date of the Company's next annual meeting ... 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.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did ACI Worldwide (ACIW) director Juan Benitez II report on this Form 4?
Juan Benitez II reported receiving 5,720 shares of ACI Worldwide common stock as a restricted stock unit award. The grant is compensation under the company’s 2020 Equity and Performance Incentive Plan and increased his direct holdings to 22,601 shares.
Is the ACI Worldwide (ACIW) Form 4 transaction a stock purchase or a grant?
The Form 4 transaction is a grant, not an open-market purchase. Benitez received 5,720 restricted stock units at no cash cost as equity compensation under ACI Worldwide’s 2020 Equity and Performance Incentive Plan, rather than buying shares in the market.
Under which plan were the ACI Worldwide (ACIW) restricted stock units granted?
The 5,720 restricted stock units were granted under ACI Worldwide’s 2020 Equity and Performance Incentive Plan, as amended. This plan provides equity-based compensation to directors and employees, aligning their interests with long-term stockholder value.