Warsop Thomas W III 4
Research Summary
AI-generated summary
ACI Worldwide CEO Thomas W. Warsop III Receives 85,546-Share Award
What Happened
Thomas W. Warsop III (Director, President & CEO) received an award of 85,546 restricted share units (RSUs) on 2026-03-06. The grant was recorded at $0.00 per unit (no cash purchase); the reported aggregate value is $0 on the Form 4 because these are compensation awards, not a market purchase.
Key Details
- Transaction date: 2026-03-06; Form 4 filed 2026-03-10 (timely filing).
- Transaction type: Award/Grant (Code A) of 85,546 restricted share units at $0.00.
- Vesting: RSUs vest in equal annual installments over a three-year period (per footnote; awarded under the 2020 Equity and Performance Incentive Plan).
- Shares owned after transaction: Not specified on the reported Form 4.
- No indication of a 10b5-1 plan, tax withholding, or cashless exercise in this filing.
Context
This was a compensation grant (RSUs) to the CEO; such awards are common as part of executive pay and represent future equity subject to vesting conditions rather than an immediate market transaction. The award does not by itself indicate a purchase or sale of stock.