ACCO Brands director granted 32,809 RSUs
ACCO Brands Corp director Kathleen S. Dvorak received a grant of 32,809 Restricted Stock Units as equity compensation.
Rhea-AI Filing Summary
ACCO Brands Corp director Kathleen S. Dvorak received a grant of 32,809 Restricted Stock Units as equity compensation. The RSUs were awarded at no cash cost and each unit represents one share of common stock.
According to the terms, the RSUs either vest immediately or on the one-year anniversary of the grant date, and in both cases have been deferred under the company’s Deferred Compensation Plan for Non-Employee Directors. The units convert into common stock upon the earlier of her death or disability, or when she ceases serving on the Board. Following this grant, she holds a total of 308,814.73 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 32,809 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan. RSUs are immediately vested or vest on the one year anniversary of the grant date, but in either case, have been deferred under the Issuer's Deferred Compensation Plan for Non-Employee Directors. Each RSU represents the right to receive one share of the Issuer's common stock upon the earlier of the date of the reporting person's death or disability, or cessation of service as a member of the Board of Directors.
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FAQ
What insider transaction did ACCO (ACCO) report for Kathleen S. Dvorak?
How many ACCO (ACCO) Restricted Stock Units does Kathleen S. Dvorak hold after this grant?
What are the vesting terms of the ACCO (ACCO) RSUs granted to Kathleen S. Dvorak?
Did Kathleen S. Dvorak pay cash for the new ACCO (ACCO) RSU grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.