Form 4: ACIW CTO Sells Shares Under 10b5-1 Plan
Insider Transaction Report
ACI Worldwide's Chief Technology Officer, Abraham Kuruvilla, sold 4,210 shares of common stock for approximately $47.69 per share under a pre-arranged 10b5-1 plan.
Summary
- Abraham Kuruvilla, Chief Technology Officer of ACI Worldwide, Inc. (ACIW), reported a sale of common stock.
- The transaction involved the disposition of 4,210 shares of ACIW common stock.
- The sale occurred on November 10, 2025, at a weighted average price of $47.6926 per share.
- The sale price ranged from $47.69 to $47.71 per share.
- Following this transaction, Mr. Kuruvilla beneficially owns 96,897 shares of ACIW common stock.
- The transaction was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase or sale of equity securities.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale under a pre-arranged 10b5-1 plan, which is generally considered neutral in terms of company sentiment. It does not indicate any significant positive or negative developments for the company.
Future Outlook
This Form 4 filing is an insider transaction report and does not contain forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing reports a routine insider transaction by a company executive, which is a common occurrence across all industries. It does not provide specific insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: A minor reduction in insider ownership, but the transaction was pre-planned under a 10b5-1 plan, which typically mitigates concerns about opportunistic selling.
Key Dates
| Date | Description |
|---|---|
| 11/10/2025 | Date of transaction (sale of common stock) |
| 11/12/2025 | Date the Form 4 was signed and filed |
Keywords
ACI Worldwide, ACIW, Insider Trading, Form 4, Stock Sale, Chief Technology Officer, Abraham Kuruvilla, 10b5-1 Plan
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