Form 4: ACI Worldwide Director James C. Hale III Sells Shares in May 2024
SEC Form 4
Director James C. Hale III of ACI Worldwide, Inc. sold 15,000 shares of common stock in May 2024.
Summary
- James C. Hale III, a director of ACI Worldwide, Inc., reported the sale of company stock.
- On May 21, 2024, he sold 5,000 shares of common stock at a price of $36.74 per share.
- On May 31, 2024, he sold an additional 10,000 shares of common stock at a price of $35.521 per share.
- Following these transactions, Hale directly owns 69,912 shares of ACI Worldwide, Inc.
- The sales were executed directly by Hale.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock sales by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity. It's common for directors and officers to periodically buy or sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Sale of 5,000 shares of common stock at $36.74 per share. |
| 05/31/2024 | Sale of 10,000 shares of common stock at $35.521 per share. |
| 06/04/2024 | Date of signature for the Form 4 filing. |
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