secwatch.observer — SEC 8-K summary
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Issuer:     ACI WORLDWIDE, INC. (ACIW)
CIK:        0000935036
Form:       8-K
Filed at:   2022-03-28T23:59:59+00:00
Accession:  0001193125-22-086619
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACI Worldwide adopts majority voting standard for uncontested director elections
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- Board amended bylaws on March 22, 2022 to change voting standard from plurality to majority for uncontested director elections.
- Incumbent directors who fail to receive majority of votes in uncontested election must tender resignation.
- Plurality voting standard remains in effect for contested elections.
- Majority voting standard previously in Corporate Governance Guidelines is now codified in bylaws.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935036/000119312522086619/0001193125-22-086619-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935036/000119312522086619/d297338d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-086619

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer