Zabaneh Samir Michael 4
Research Summary
AI-generated summary
ACI Worldwide (ACIW) Director Samir Zabaneh Receives 5,720-Share RSU Award
What Happened
- Samir Michael Zabaneh, a director of ACI Worldwide (ACIW), received an award of 5,720 restricted stock units (RSUs) on 2026-06-02. The Form 4 reports the acquisition as an award (code A) with a reported price of $0.00 and total reported value $0 (typical for grants reported as RSUs).
Key Details
- Transaction date: 2026-06-02; Form 4 filed: 2026-06-03 (filed promptly).
- Transaction type: Award of restricted stock units (RSUs), reported at $0.00 per share.
- Shares granted: 5,720 RSUs; reported total acquisition value: $0 (award/vesting-based entry).
- Shares owned after the transaction: not specified in the provided filing data.
- Footnote: RSUs awarded under the Company’s 2020 Equity and Performance Incentive Plan. Vesting occurs on the earlier of (i) one-year anniversary of grant, (ii) the day before the next annual meeting of stockholders, or (iii) a change in control of the company.
Context
- RSUs are grants that convert to shares only upon vesting; this award is not an immediate cash purchase or sale and does not by itself indicate buying or selling sentiment.
- The filing was submitted the next day, which is timely under usual SEC reporting rules for insider transactions.