ACCO BRANDS (ACCO) CFO exercises 94,019 RSUs, covers taxes with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACCO BRANDS Corp EVP and CFO Deborah A. O'Connor exercised 94,019 Restricted Stock Units into common shares on March 14, 2026. These RSUs were granted under the company’s incentive plan, with each unit converting into one share of common stock.
To cover tax obligations, 27,548 common shares were withheld at a price of $3.32 per share, a non-market, tax-withholding disposition. After the exercise and tax withholding, O'Connor directly holds 174,087 shares of ACCO BRANDS common stock, reflecting a net increase in her equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
94,019 shares exercised/converted
Mixed
3 txns
Insider
OCONNOR DEBORAH A
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 94,019 | $0.00 | -- |
| Exercise | Common Stock | 94,019 | $0.00 | -- |
| Tax Withholding | Common Stock | 27,548 | $3.32 | $91K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 201,635 shares (Direct)
Footnotes (1)
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FAQ
What did ACCO (ACCO) EVP and CFO Deborah O'Connor report in this Form 4?
Deborah O'Connor reported exercising 94,019 Restricted Stock Units into ACCO BRANDS common stock. These RSUs vested under the company’s incentive plan and converted one-for-one into shares on March 14, 2026, increasing her direct ownership stake.
How were taxes handled on the ACCO CFO’s RSU vesting transaction?
To satisfy tax obligations, 27,548 ACCO BRANDS common shares were withheld at $3.32 per share. This Form 4 characterizes the event as a tax-withholding disposition, rather than an open-market sale, occurring on the same date as the RSU exercise.
Were any of the ACCO CFO’s reported transactions open-market stock purchases or sales?
No open-market purchases or sales were reported. The Form 4 shows a derivative exercise of 94,019 Restricted Stock Units into common stock and a related disposition of 27,548 shares solely to cover tax liabilities, rather than discretionary market trading.
What are the key Form 4 transaction codes used in the ACCO CFO filing?
The filing uses code M for exercise or conversion of derivative securities and code F for payment of tax liability by delivering shares. These codes indicate RSU vesting into stock and share withholding for taxes, not regular market buy or sell activity.