Shultz Ronald Craig 4
Research Summary
AI-generated summary
ACI Worldwide GM Ronald Shultz Surrenders Shares for Taxes
What Happened
- Ronald Craig Shultz, General Manager of ACI Speedpay at ACI Worldwide (ACIW), disposed of a total of 1,060 shares back to the issuer on 2026-03-04.
- The transactions were two dispositions to the issuer (tax-withholding): 370 shares at $42.44 ($15,703) and 690 shares at $42.44 ($29,284), totaling $44,987.
- This was a tax-withholding surrender tied to RSU vesting — a routine administrative sale rather than an open-market sale that signals trading sentiment.
Key Details
- Transaction date: 2026-03-04; Filing date: 2026-03-06 (filed two days after the transaction).
- Prices and amounts: 370 shares @ $42.44 = $15,703 (F1); 690 shares @ $42.44 = $29,284 (F2). Combined 1,060 shares for $44,987.
- Footnotes: F1 = shares surrendered to pay taxes on vesting of 783 RSUs (one‑twelfth of RSUs granted 3/4/2024). F2 = shares surrendered to pay taxes on vesting of 1,552 RSUs (one‑twelfth of RSUs granted 3/4/2025).
- Shares owned after the transaction: not stated in the provided excerpt of the filing.
- No 10b5-1 plan or gift noted in the disclosed items.
Context
- These were withholding dispositions to the issuer to cover tax liabilities on scheduled RSU vesting, not open-market sales. Such transactions are common and typically administrative — they do not necessarily reflect the insider’s view of the company’s prospects.
- Filing appears timely under Form 4 rules (reported within two business days).