Form 4: ACI Worldwide Executive Reports Routine Share Disposition for Tax Obligations on RSU Vesting

Ronald Craig Shultz, GM of ACI Speedpay at ACI Worldwide, Inc. (ACIW), reported the disposition of shares valued at $46.62 per share to cover tax liabilities associated with the vesting of restricted stock units.

Summary

• Ronald Craig Shultz, General Manager of ACI Speedpay at ACI Worldwide, Inc. (ACIW), filed a Form 4 reporting changes in beneficial ownership.
• On June 4, 2025, Mr. Shultz disposed of 268 shares of Common Stock at a price of $46.62 per share.
• This disposition was to pay the tax liability due upon the vesting of 783 restricted stock units, which were granted on March 4, 2024.
• Additionally, on June 4, 2025, Mr. Shultz disposed of 531 shares of Common Stock at a price of $46.62 per share.
• This second disposition was to pay the tax liability due upon the vesting of 1,552 restricted stock units, which were granted on March 4, 2025.
• Following these transactions, Mr. Shultz beneficially owns 45,199 shares and 44,668 shares of Common Stock, respectively, in direct ownership.

Sentiment

Score: 5

Explanation: The document reports a routine, non-discretionary transaction related to executive compensation and tax obligations. It does not indicate any positive or negative operational or financial developments for the company, hence a neutral sentiment.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

The disposition of shares to cover tax obligations upon the vesting of restricted stock units is a standard and routine practice in executive compensation across various industries. It reflects the settlement of equity awards rather than a discretionary sale by the executive.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a sale for profit or a change in company fundamentals. It represents a small, expected dilution from equity compensation.

Key Dates

Keywords

ACI Worldwide, ACIW, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation, Share Disposition