ACCO Brands SVP granted RSUs, exercises PSUs
ACCO BRANDS Corp senior vice president and chief accounting officer James Dudek reported routine equity compensation and related share withholding.
Rhea-AI Filing Summary
ACCO BRANDS Corp senior vice president and chief accounting officer James Dudek reported routine equity compensation and related share withholding. He received 30,813 restricted stock units, each representing one share of common stock scheduled to settle on March 11, 2029 if he remains employed. He also was granted and earned 21,917 performance stock units for the 2023–2025 cycle, which were then exercised into 21,917 shares of common stock. To cover tax obligations on this vesting, 7,585 shares of common stock were withheld at $3.635 per share, leaving him with 52,839.89 common shares held directly after the transactions. No open-market purchases or sales were reported; the activity reflects equity awards, their settlement, and tax withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 30,813 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units (2023-2025) | 21,917 | $0.00 | $0.00 |
| Exercise | Performance Stock Units (2023-2025) | 21,917 | $0.00 | $0.00 |
| Exercise | Common Stock | 21,917 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,585 | $3.635 | $28K |
Footnotes (2)
- F1. Reflects performance stock units ("PSUs") granted under the Issuer's Incentive Plan that were earned by the Reporting Person during a three-year performance period. Subject to the Reporting Person's continued employment, earned PSUs become eligible for settlement into shares of common stock upon the completion of the final performance period in the three-year cycle.
- F2. 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 11, 2029, provided that the Reporting Person remains employed by the Issuer at that time, subject to acceleration as provided in said Plan.
FAQ
What equity awards did ACCO (ACCO) executive James Dudek receive in this Form 4?
When do James Dudek’s new ACCO (ACCO) restricted stock units vest?
What are the 2023-2025 performance stock units reported for ACCO (ACCO) executive Dudek?
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