ACCO SVP exercises 21,491 RSUs, pays tax in shares
ACCO Brands Corp senior vice president and CIO Daniel Paul exercised 21,491 restricted stock units into common shares.
Rhea-AI Filing Summary
ACCO Brands Corp senior vice president and CIO Daniel Paul exercised 21,491 restricted stock units into common shares. These RSUs converted at no exercise price, reflecting previously granted equity under the company’s incentive plan. To cover tax obligations, 5,792 common shares were withheld at a price of $3.32 per share rather than sold on the open market.
After these transactions, Paul directly holds 45,760.47 shares of ACCO common stock and indirectly holds 5,194 shares through a 401(k) plan. The footnote explains that each RSU represented the right to receive one share of common stock on March 14, 2026, contingent on continued employment, indicating this is a routine vesting and settlement event.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,491 | $0.00 | $0.00 |
| Exercise | Common Stock | 21,491 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,792 | $3.32 | $19K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan. Each RSU represents the right to receive one share of the Issuer's common stock on March 14, 2026, provided the Reporting Person remains employed by the Issuer at that time, subject to acceleration as provided in said Plan.
FAQ
What insider transaction did ACCO (ACCO) SVP and CIO Daniel Paul report?
What do the restricted stock units for ACCO (ACCO) disclosed in the Form 4 represent?
Was the ACCO (ACCO) insider transaction an open-market buy or sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.