Form 4: ACIW Executive Sells Shares for Tax Obligations
Insider Transaction Report
ACI Worldwide's GM of ACI Speedpay, Ronald Craig Shultz, disposed of 1,193 shares of common stock to cover tax liabilities related to restricted stock unit vesting.
Summary
- Ronald Craig Shultz, GM of ACI Speedpay at ACI Worldwide, Inc. (ACIW), reported the disposition of common stock.
- On December 4, 2025, Mr. Shultz disposed of 400 shares of common stock at a price of $46.35 per share.
- These 400 shares were surrendered to pay the tax liability upon the vesting of 783 restricted stock units, which were granted on March 4, 2024.
- Also on December 4, 2025, Mr. Shultz disposed of an additional 793 shares of common stock at a price of $46.35 per share.
- These 793 shares were surrendered to pay the tax liability upon the vesting of 1,552 restricted stock units, which were granted on March 4, 2025.
- Following these transactions, Mr. Shultz beneficially owns 40,908 shares of ACI Worldwide common stock.
- The transactions were made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax liability upon the vesting of restricted stock units, which is a common and generally neutral event for publicly traded companies.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compliance Disclosure | The transactions were made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). | 12/04/2025 | Indicates pre-planned sales to avoid accusations of insider trading, reflecting adherence to SEC regulations. |
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, tax-related disposition of shares by an officer, not indicative of a change in company fundamentals or management's long-term view.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Grant date for 783 restricted stock units, one-twelfth of which vested on 12/04/2025. |
| 03/04/2025 | Grant date for 1,552 restricted stock units, one-twelfth of which vested on 12/04/2025. |
| 12/04/2025 | Transaction date for the disposition of common stock to cover tax liabilities. |
| 12/08/2025 | Signature date of the reporting person for the Form 4 filing. |
Keywords
ACIW, ACI Worldwide, Form 4, insider transaction, stock sale, tax liability, restricted stock units, Ronald Craig Shultz, corporate governance
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