Litch Erich J 4

What Happened

Erich J. Litch, General Manager, Payment Software at ACI Worldwide (ACIW), received an award of 23,502 restricted share units (RSUs) on 2026-03-06. The RSUs were granted at a $0.00 purchase price (award), so there was no cash paid; the reported acquisition value is $0. These RSUs convert to common shares only as they vest, so this is an equity award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (report covers the 3/6 grant).
• Transaction type/code: Award/Grant (A). Price per share: $0.00. Total awarded: 23,502 RSUs.
• Shares owned after transaction: Not reported in the provided data.
• Footnote: The award represents RSUs under the company's 2020 Equity and Performance Incentive Plan; they vest in equal quarterly installments over a three-year period.
• Timeliness: The Form 4 was filed four days after the grant date; insiders normally must file Form 4 within two business days of the reportable transaction—investors may wish to check for timeliness disclosures or company commentary.

Context

RSU awards are common executive/employee compensation and do not represent an immediate market purchase or sale. Because these units vest over time, they primarily indicate future potential share issuance as they vest rather than an immediate insider bullish or bearish trade. Retail investors should treat compensation grants as informational about pay and retention incentives, not direct buying pressure.