Burgum Melissa A 4
Research Summary
AI-generated summary
Accenture CAO Melissa Burgum Sells 131 Shares to Cover Taxes
What Happened
- Melissa A. Burgum, Chief Accounting Officer of Accenture plc (ACN), disposed of 131 shares on Feb 1, 2026 as a tax-withholding transaction (transaction code F). The shares were recorded at $262.22 each for total proceeds of approximately $34,351. The filing lists the shares as “Disposed” to satisfy tax obligations rather than an open-market sale for investment purposes.
Key Details
- Transaction date and price: Feb 1, 2026 — 131 shares @ $262.22 per share; total ~$34,351.
- Transaction type: Code F — payment of exercise price or tax liability (shares withheld/forfeited to cover taxes).
- Shares owned after transaction: Not specified in the provided filing.
- Filing date: Form 4 filed Feb 3, 2026 — appears to be timely (filed within the standard reporting window).
- No 10b5-1 plan or other footnotes were indicated in the summary provided.
Context
- Code F transactions typically reflect shares withheld to satisfy tax obligations from an equity award or option exercise; they are routine and do not necessarily indicate a change in the insider’s view of the company. This is a disposal for tax purposes rather than an overt sell decision on the open market.