ACI Worldwide, Inc. Files Definitive Proxy Statement (DEF 14A)
Ticker: ACIW · Form: DEF 14A · Filed: Apr 22, 2024 · CIK: 935036
| Field | Detail |
|---|---|
| Company | Aci Worldwide, Inc. (ACIW) |
| Form Type | DEF 14A |
| Filed Date | Apr 22, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: ACI Worldwide, ACIW, DEF 14A, Proxy Statement, Corporate Governance
TL;DR
<b>ACI Worldwide, Inc. has filed its Definitive Proxy Statement (DEF 14A) for the period ending June 4, 2024.</b>
AI Summary
ACI WORLDWIDE, INC. (ACIW) filed a Proxy Statement (DEF 14A) with the SEC on April 22, 2024. ACI Worldwide, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 22, 2024. The filing covers the period ending June 4, 2024. The company's fiscal year ends on December 31. ACI Worldwide, Inc. was formerly known as Transaction Systems Architects Inc. The company is incorporated in Delaware.
Why It Matters
For investors and stakeholders tracking ACI WORLDWIDE, INC., this filing contains several important signals. This DEF 14A filing is a standard disclosure for publicly traded companies, providing shareholders with information regarding annual meetings, director nominations, executive compensation, and other corporate governance matters. Shareholders should review this document to understand proposed resolutions, director qualifications, and executive compensation plans before the annual meeting on June 4, 2024.
Risk Assessment
Risk Level: low — ACI WORLDWIDE, INC. shows low risk based on this filing. The filing is a routine DEF 14A, indicating no immediate significant financial or operational changes are being disclosed beyond standard corporate governance information.
Analyst Insight
Review the proxy statement for details on executive compensation, director elections, and any shareholder proposals to make informed voting decisions.
Key Numbers
- 2024-04-22 — Filing Date (DEF 14A filing date)
- 2024-06-04 — Period of Report (Conformed period of report)
- 1231 — Fiscal Year End (Company's fiscal year end)
- 1995-01-09 — Date of Name Change (Date ACI Worldwide, Inc. changed from Transaction Systems Architects Inc.)
Key Players & Entities
- ACI WORLDWIDE, INC. (company) — Filer name
- DEF 14A (filing) — Form type
- 2024-04-22 (date) — Filing date
- 2024-06-04 (date) — Period of report
- Transaction Systems Architects Inc (company) — Former company name
- DE (location) — State of incorporation
- 6060 COVENTRY DRIVE (address) — Business address
- 239-403-4600 (phone) — Business phone
FAQ
When did ACI WORLDWIDE, INC. file this DEF 14A?
ACI WORLDWIDE, INC. filed this Proxy Statement (DEF 14A) with the SEC on April 22, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by ACI WORLDWIDE, INC. (ACIW).
Where can I read the original DEF 14A filing from ACI WORLDWIDE, INC.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by ACI WORLDWIDE, INC..
What are the key takeaways from ACI WORLDWIDE, INC.'s DEF 14A?
ACI WORLDWIDE, INC. filed this DEF 14A on April 22, 2024. Key takeaways: ACI Worldwide, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 22, 2024.. The filing covers the period ending June 4, 2024.. The company's fiscal year ends on December 31..
Is ACI WORLDWIDE, INC. a risky investment based on this filing?
Based on this DEF 14A, ACI WORLDWIDE, INC. presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating no immediate significant financial or operational changes are being disclosed beyond standard corporate governance information.
What should investors do after reading ACI WORLDWIDE, INC.'s DEF 14A?
Review the proxy statement for details on executive compensation, director elections, and any shareholder proposals to make informed voting decisions. The overall sentiment from this filing is neutral.
How does ACI WORLDWIDE, INC. compare to its industry peers?
ACI Worldwide operates in the prepackaged software industry, providing solutions for the financial services sector.
Are there regulatory concerns for ACI WORLDWIDE, INC.?
As a publicly traded company, ACI Worldwide is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder meetings.
Industry Context
ACI Worldwide operates in the prepackaged software industry, providing solutions for the financial services sector.
Regulatory Implications
As a publicly traded company, ACI Worldwide is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder meetings.
What Investors Should Do
- Review the full DEF 14A filing for detailed information on director nominees and their qualifications.
- Examine the executive compensation disclosures to understand the remuneration of key executives.
- Understand any shareholder proposals and the company's recommendations for voting.
Year-Over-Year Comparison
This filing is a DEF 14A, which is a routine disclosure for annual shareholder meetings and does not represent a change in financial reporting from previous periods.
Filing Stats: 4,732 words · 19 min read · ~16 pages · Grade level 13 · Accepted 2024-04-22 16:02:50
Filing Documents
- d396562ddef14a.htm (DEF 14A) — 1276KB
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- 0001193125-24-104829.txt ( ) — 5908KB
- aciw-20231231.xsd (EX-101.SCH) — 6KB
- aciw-20231231_def.xml (EX-101.DEF) — 7KB
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Executive Compensation Philosophy and Practices
Executive Compensation Philosophy and Practices 37 Compensation Design 39 Compensation Elements 39 Performance Results for Prior Equity Awards 48 Post-Employment Compensation Arrangements 53 Compensation-Related Policies 54 Tax and Accounting Matters 56 Compensation Committee Report Compensation Committee Report 57
Executive Compensation
Executive Compensation
Executive Compensation
Executive Compensation 58 2023 Summary Compensation Table 58 Other Compensation Table 59 2023 Grants of Plan-Based Awards 59 Outstanding Equity Awards at 2023 Fiscal Year-End 60 2023 Option Exercises and Stock Vested 61 2023 Nonqualified Deferred Compensation 61 Potential Payments Upon Termination or Change in Control Potential Payments Upon Termination or Change in Control 62 Severance Policy 62 CEO Severance Agreement 62 Change in Control Agreements 62 Post-Termination Benefits Under Incentive Plans 64 Forfeiture and Right of Recoupment 64 Potential Post-Termination Benefits Table 65 Pay Ratio Disclosure Pay Ratio Disclosure 67 Pay Versus Performance Disclosure Pay Versus Performance Disclosure 68 Tabular List of Financial Performance Measures 69 Relationship Between Pay and Performance 70 Certain Relationships and Related Transactions Certain Relationships and Related Transactions 72 Review and Approval of Related Person Transactions 72 Compensation Committee Interlocks and Insider Participation Compensation Committee Interlocks and Insider Participation 72 ii Delivery of Documents to Stockholders Sharing an Address Delivery of Documents to Stockholders Sharing an Address 72 Annual Report Annual Report 73 Stockholder Communications with our Board 73 Other Matters Other Matters 74 Appendix A Appendix A A-1 2024 PROXY STATEMENT iii Proxy Statement for the Annual Meeting of Stockholders to be held on June 4, 2024 About ACI ACI Worldwide is a global leader in mission-critical, real-time payments software. Our proven, secure and scalable software solutions enable leading corporations, fintechs and financial disruptors to process and manage digital payments, power omni-commerce payments, present and process bill payments, and manage fraud and risk. We combine our global footprint with a local presence to drive the real-time digital transform