Sarin Arun 4
Research Summary
AI-generated summary
Accenture (ACN) Director Sarin Arun Receives RSU Award; 2 Shares Withheld
What Happened Sarin Arun, a director of Accenture plc (ACN), received a grant of 5 restricted share units (RSUs) on February 13, 2026 (reported on a Form 4 filed Feb 17, 2026). The award is reported at $0.00 per share (standard for RSU grants). Separately, 2 shares were surrendered/withheld to satisfy tax withholding obligations at $224.11 per share, for a total withheld value of $448. Net result: Arun received 5 RSUs but 2 were withheld for taxes, a net increase of 3 RSUs.
Key Details
- Transaction dates: February 13, 2026 (award and withholding); Form 4 filed February 17, 2026. Filing appears timely.
- Award: 5 RSUs granted (code A) at $0.00 per share.
- Withholding: 2 shares withheld for taxes (code F) at $224.11 each; total $448.
- Net change: +3 RSUs retained after withholding (5 granted − 2 withheld).
- Shares owned after transaction: Not disclosed in the Form 4.
- Footnote: The RSU grant was made pursuant to anti‑dilution provisions to reflect Accenture’s cash dividend payment.
Context
- This was an award of RSUs (compensation/dividend-equivalent adjustment), not an open-market purchase or sale. The withholding of shares to cover taxes is routine and does not necessarily indicate a change in sentiment.
- For retail investors, awards and tax-withholdings are common executive/ director compensation mechanics and differ from voluntary purchases or sales that may signal conviction.