ACCO (ACCO) CEO converts 116,405 RSUs, withholds shares for taxes, holds 716,440
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACCO Brands Corp President & CEO Thomas W. Tedford reported an equity compensation transaction involving restricted stock units and common shares. On March 14, 2026, 116,405 restricted stock units granted under the company’s incentive plan were converted into 116,405 shares of common stock.
To cover tax obligations related to this vesting, 44,771 common shares were disposed of at $3.32 per share through share withholding, which is not an open-market sale. Following these transactions, Tedford directly holds 716,440 shares of ACCO Brands common stock, and no restricted stock units remain from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
116,405 shares exercised/converted
Mixed
3 txns
Insider
Tedford Thomas W
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 116,405 | $0.00 | -- |
| Exercise | Common Stock | 116,405 | $0.00 | -- |
| Tax Withholding | Common Stock | 44,771 | $3.32 | $149K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 761,211 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ACCO (ACCO) CEO Thomas W. Tedford report?
Thomas W. Tedford reported the vesting and conversion of 116,405 restricted stock units into common stock on March 14, 2026. These RSUs were granted under ACCO’s incentive plan and settled in shares upon meeting continued employment conditions.
What does the M transaction code mean in the ACCO (ACCO) Form 4?
The M code indicates the exercise or conversion of a derivative security. In this case, 116,405 restricted stock units were converted into an equal number of ACCO common shares as part of an equity compensation award under the company’s incentive plan.
Were any of the ACCO (ACCO) CEO’s transactions open-market purchases or sales?
No open-market purchases or sales were reported. The filing shows an RSU conversion (code M) and a tax-withholding disposition (code F). The F-code shares were withheld to pay taxes, not sold at the CEO’s discretion in the open market.