ACCO BRANDS (ACCO) director Joseph B. Burton awarded 2,746 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACCO BRANDS Corp director Joseph B. Burton received a grant of 2,745.5 Restricted Stock Units under the company’s incentive plan. These RSUs are deferred under the Deferred Compensation Plan for Non-Employee Directors and each unit converts into one share of common stock upon death, disability, or when he leaves the board. Following this grant, Burton holds 146,241.19 RSUs directly, reflecting routine director compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BURTON JOSEPH B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,745.5 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 146,241.19 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,745.5 units
RSUs after grant: 146,241.19 units
RSU-to-share ratio: 1 RSU : 1 share
3 metrics
RSUs granted
2,745.5 units
Restricted Stock Units awarded to director on 2026-06-17
RSUs after grant
146,241.19 units
Total Restricted Stock Units held directly after transaction
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents one share of common stock upon settlement
Key Terms
Restricted Stock Units, Incentive Plan, Deferred Compensation Plan for Non-Employee Directors, cessation of service
4 terms
Restricted Stock Units financial
"Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Incentive Plan financial
"RSUs granted under the Issuer's Incentive Plan."
Deferred Compensation Plan for Non-Employee Directors financial
"have been deferred under the Issuer's Deferred Compensation Plan for Non-Employee Directors."
cessation of service financial
"upon the earlier of the date of the reporting person's death or disability, or cessation of service as a member of the Board"
FAQ
What did ACCO (ACCO) director Joseph B. Burton report in this Form 4?
Director Joseph B. Burton reported receiving 2,745.5 Restricted Stock Units as a grant. The award was made under ACCO BRANDS Corp’s incentive plan and represents routine non-employee director compensation rather than an open-market stock purchase or sale.
How many ACCO BRANDS RSUs did Joseph B. Burton receive in this transaction?
He received 2,745.5 Restricted Stock Units in this transaction. Each RSU represents the right to receive one share of ACCO BRANDS common stock, subject to the vesting and deferral terms described in the company’s director compensation and deferred compensation plans.
What are the vesting and payout terms of Joseph B. Burton’s new ACCO RSUs?
The RSUs either vest immediately or on the one-year anniversary of the grant date. However, they are deferred and will be settled in common stock upon the earlier of Burton’s death, disability, or when his service on ACCO BRANDS’ board of directors ends.
How many RSUs does Joseph B. Burton hold after this ACCO grant?
After this grant, Burton holds a total of 146,241.19 Restricted Stock Units. These RSUs are tied to ACCO BRANDS common stock and are governed by the company’s incentive and deferred compensation plans for non-employee directors, as disclosed in the Form 4 filing.
How do ACCO BRANDS RSUs for non-employee directors generally work?
For non-employee directors, ACCO BRANDS grants RSUs under its incentive plan, often deferring them under a deferred compensation plan. Each RSU typically converts into one share of common stock when specific triggering events occur, such as death, disability, or board service cessation.