secwatch.observer — SEC 8-K summary
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Issuer:     ACI WORLDWIDE, INC. (ACIW)
CIK:        0000935036
Form:       8-K
Filed at:   2025-06-09T23:59:59+00:00
Accession:  0001193125-25-137808
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACI Worldwide appoints Robert Leibrock as CFO and CAO effective July 1, 2025
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- Robert Leibrock joins from Red Hat, where he served as SVP, COO and CFO.
- Annual base salary $530k, STI target 80%, initial equity grants $3.1M, make-whole equity $5.5M.
- Scott Behrens will cease as CFO/CAO effective July 1, 2025, remain employee through Dec 31, 2025.
- Leibrock eligible for severance, benefits, and standard change-in-control agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935036/000119312525137808/0001193125-25-137808-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935036/000119312525137808/d927691d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-137808

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