Macchi Mauro 4
Research Summary
AI-generated summary
Accenture (ACN) CEO Mauro Macchi Withholds 1,755 Shares for Taxes
What Happened
Mauro Macchi, CEO of Accenture plc, disposed of 1,755 shares on Feb 1, 2026 as a payment for tax liability (transaction code F). The shares were valued at $262.22 each, for a total of $460,196. This was a share-withholding to cover taxes (not an open-market sale), a routine administrative disposition following an exercise or vesting event.
Key Details
- Transaction date: 2026-02-01; Filing date: 2026-02-03 (Form 4 accession 0002030855-26-000006) — filing appears timely.
- Disposed: 1,755 shares at $262.22 each — total value $460,196.
- Transaction type: Code F — payment of exercise price or tax liability (share withholding).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- No 10b5-1 plan or other footnotes were indicated in the provided transaction details.
Context
Code F typically means shares were withheld to satisfy tax obligations tied to option exercises or restricted stock vesting. These withholdings are routine and are not the same as an open-market sale that might signal a view on the stock; purchases are generally more informative about insider sentiment.