ACCO director granted 2,746 deferred RSUs
ACCO BRANDS Corp director Joseph B. Burton received a grant of 2,745.5 Restricted Stock Units under the company’s incentive plan.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,745.5 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan. RSUs are immediately vested or vest on the one year anniversary of the grant date, but in either case, have been deferred under the Issuer's Deferred Compensation Plan for Non-Employee Directors. Each RSU represents the right to receive one share of the Issuer's common stock upon the earlier of the date of the reporting person's death or disability, or cessation of service as a member of the Board of Directors.
Key Figures
Key Terms
Restricted Stock Units financial
Incentive Plan financial
Deferred Compensation Plan for Non-Employee Directors financial
cessation of service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ACCO (ACCO) director Joseph B. Burton report in this Form 4?
How many ACCO BRANDS RSUs did Joseph B. Burton receive in this transaction?
What are the vesting and payout terms of Joseph B. Burton’s new ACCO RSUs?
How many RSUs does Joseph B. Burton hold after this ACCO grant?
How do ACCO BRANDS RSUs for non-employee directors generally work?
AI-generated analysis. How Rhea-AI works. Not financial advice.