Shultz Ronald Craig 4
Research Summary
AI-generated summary
ACI Worldwide (ACIW) GM Ronald Shultz Sells Shares
What Happened
- Ronald Craig Shultz, General Manager of ACI Speedpay at ACI Worldwide, reported dispositions of company stock on Feb 11, 2026. He surrendered 371 shares at $40.33 each (proceeds listed $14,962) and 743 shares at $40.33 each (proceeds listed $29,965), a combined 1,114 shares and about $44,927.
- These were dispositions to the issuer to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs), not open-market sales.
Key Details
- Transaction date: 2026-02-11; Price: $40.33 per share for both dispositions.
- Total shares surrendered: 371 + 743 = 1,114 shares; total reported proceeds ≈ $44,927.
- Footnotes: F1 — shares surrendered to pay taxes on vesting of 749 RSUs (one‑twelfth of RSUs granted 5/11/2023). F2 — shares surrendered to pay taxes on vesting of 1,498 RSUs (one‑twelfth of RSUs granted 5/11/2023).
- Shares owned after the transaction: not disclosed in this filing.
- Filing: Report filed 2026-02-13 for transactions dated 2026-02-11 (within the typical two-business-day Form 4 filing window).
Context
- These disposals are routine tax-withholding actions when RSUs vest (company often withholds or receives shares to cover taxes). Such surrender-to-issuer transactions are administrative and do not carry the same market-signaling weight as voluntary open-market sales by insiders.