ACCO (ACCO) SVP and CIO exercises 21,491 RSUs with 5,792 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
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
21,491 shares exercised/converted
Mixed
4 txns
Insider
Daniel Paul P
Role
SVP and CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,491 | $0.00 | -- |
| Exercise | Common Stock | 21,491 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,792 | $3.32 | $19K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 51,552.47 shares (Direct);
Common Stock — 5,194 shares (Indirect, In 401(k) Plan)
Footnotes (1)
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FAQ
What insider transaction did ACCO (ACCO) SVP and CIO Daniel Paul report?
Daniel Paul reported exercising 21,491 restricted stock units into ACCO common stock. This represents the vesting and settlement of previously granted equity awards under the company’s incentive plan, rather than an open-market share purchase.
What do the restricted stock units for ACCO (ACCO) disclosed in the Form 4 represent?
The restricted stock units represent rights to receive one ACCO common share per unit on March 14, 2026. Delivery was contingent on Daniel Paul remaining employed with the company, making this a typical time-based equity incentive grant.
Was the ACCO (ACCO) insider transaction an open-market buy or sell?
The filing shows an exercise of 21,491 restricted stock units and a tax-withholding disposition of 5,792 shares, not open-market purchases or sales. These actions reflect equity award vesting and related tax handling, common in executive compensation.