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AI brief of an SEC Form 8-K · ACI Worldwide (ACIW)

ACI Worldwide names Robert Leibrock CFO effective July 1, 2025, replacing Scott Behrens

Neutral Impact 4 of 5 leadership Written later

ACI Worldwide appointed Robert Leibrock, previously Senior Vice President, Chief Operating Officer and CFO at Red Hat, as its Chief Financial Officer and Chief Accounting Officer effective July 1, 2025. Scott Behrens, the current CFO and Chief Accounting Officer, ceases to hold those roles on the same date and remains an employee through December 31, 2025.

Key points

  • Leibrock's annual base salary is $530,000, with a Short-Term Incentive Program target of 80% of base salary, pro-rated for 2025.
  • Leibrock receives initial equity awards with an aggregate grant date value of $3.1 million, plus $5.5 million in awards as compensation for forfeited incentives at his former employer.
  • Half of each award is in RSUs vesting quarterly over three years; the other half vests fully on the third anniversary of the grant date.
  • Behrens continues as an employee under his current compensation through December 31, 2025, and is entitled to retirement benefits in effect at that time.

The filing

CompanyACI Worldwide (ACIW)
Form8-K, current report
Filed with the SECJun 9, 2025, 4:05 PM ET
Accession number0001193125-25-137808

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 09, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.