Form 4: ACI Worldwide CFO Sells Shares to Cover Tax Obligations

Scott W. Behrens, CFO of ACI Worldwide, sold 2,084 shares of common stock to cover tax liabilities arising from the vesting of restricted stock units.

Summary

• Scott W. Behrens, the Chief Financial Officer of ACI Worldwide, Inc., reported a transaction involving the company's common stock.
• On May 11, 2025, Behrens disposed of 2,084 shares at a price of $46.56 per share.
• This transaction was executed to cover the tax liability resulting from the vesting of 4,661 restricted stock units granted on May 11, 2023, representing one-twelfth of the total grant.
• Following the transaction, Behrens directly owns 537,322 shares of ACI Worldwide, Inc.

Sentiment

Score: 6

Explanation: The document describes a routine transaction (selling shares to cover taxes). It's neutral in sentiment as it doesn't indicate any significant positive or negative developments for the company.

Industry Context

This type of transaction, where executives sell shares to cover tax obligations upon vesting of restricted stock units, is a common practice.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

ACI Worldwide, Scott W. Behrens, CFO, Form 4, Stock Sale, Restricted Stock Units, Tax Liability, Beneficial Ownership