Leibrock Robert William 4

What Happened

• Robert Leibrock, Chief Financial Officer of ACI Worldwide (ACIW), was granted 49,354 restricted stock units (RSUs) on March 6, 2026. The filing shows an acquisition price of $0.00 (award), so no cash was paid by the insider; the reported dollar value of the grant is not stated in the Form 4.
• This is an equity award (compensation), not an open‑market purchase or sale — awards are common as part of executive pay and represent the right to receive shares if and when they vest.

Key Details

• Transaction date: 2026-03-06; Filing date (Form 4): 2026-03-10.
• Transaction type/code: A (Award/Grant); Shares granted: 49,354 RSUs; Acquisition price: $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The RSUs were awarded under the Company’s 2020 Equity and Performance Incentive Plan and "vest in equal quarterly installments over a three-year period" (footnote F1).
• No indication in the provided data of a 10b5-1 plan, tax‑withholding sale, or late‑filing flag.

Context

• RSUs are deferred compensation: they convert into actual shares only as they vest per the stated schedule. Because this is an award rather than a purchase, it reflects compensation policy rather than an immediate personal investment decision.
• For retail investors, awards can dilute shareholders over time as they convert to shares; they do not necessarily signal the insider’s short‑term view of the stock.