Form 4: ACI Worldwide CFO Disposes Shares to Cover Tax Liabilities from RSU Vesting

ACI Worldwide's Chief Financial Officer, Scott W. Behrens, disposed of 2,884 shares of common stock to satisfy tax obligations related to the vesting of restricted stock units.

Summary

• Scott W. Behrens, Chief Financial Officer of ACI Worldwide, Inc. (ACIW), reported changes in beneficial ownership of common stock.
• On June 4, 2025, Mr. Behrens disposed of 1,808 shares of ACIW common stock at a price of $46.62 per share.
• This disposition was to cover tax liabilities associated with the vesting of 4,044 restricted stock units (RSUs) granted on March 4, 2024.
• Additionally, on the same date, he disposed of 1,076 shares at $46.62 per share to cover tax liabilities from the vesting of 2,406 RSUs granted on March 4, 2025.
• Following these transactions, Mr. Behrens beneficially owns 534,438 shares of ACIW common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While shares were 'disposed,' it was for tax purposes related to equity vesting, which is a positive for the executive's compensation. It does not indicate a negative outlook on the company by the insider.

Positives

• The transactions represent the vesting of restricted stock units, indicating that equity compensation granted to the CFO is maturing.
• The disposition of shares was solely for tax withholding purposes, not a discretionary sale by the insider.

Negatives

• No direct negatives identified, as the share dispositions are routine tax-related transactions.

Risks

• No specific risks are mentioned in this Form 4 filing, which primarily reports insider transactions.

Future Outlook

The document does not provide any forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive analysis.

Comparison to Industry Standards

• This document does not contain information that allows for a direct comparison to industry-specific financial or operational benchmarks. The transactions are standard 'sell-to-cover' for RSU vesting, a common practice across industries for executive compensation.

Stakeholder Impact

• Shareholders: The transactions are routine and do not indicate a change in the company's operational or financial performance. The slight reduction in the CFO's direct ownership is due to tax obligations, not a lack of confidence.
• Employees: No direct impact mentioned.

Next Steps

• The document does not specify any future actions, events, or milestones beyond the reported transactions.

Key Dates

Keywords

ACI Worldwide, ACIW, Form 4, Insider Transaction, Scott W Behrens, Chief Financial Officer, Restricted Stock Units, RSU Vesting, Tax Liability, Beneficial Ownership