ACCO BRANDS (ACCO) director receives 32,809 RSU grant under deferred plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACCO BRANDS Corp director Pradeep Jotwani received a grant of 32,809 Restricted Stock Units (RSUs) tied to common stock as compensation. The award was made at a stated price of $0.00 per unit under the company’s Incentive Plan and Deferred Compensation Plan for Non-Employee Directors.
The RSUs either vest immediately or on the one-year anniversary of the grant date, but payment is deferred. Each unit converts into one share of common stock upon the earlier of death, disability, or the end of his Board service. Following this grant, his directly held RSU-based position stands at 280,410.07 units, indicating a continued, sizable equity-linked stake aligned with long-term company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jotwani Pradeep
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 32,809 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 280,410.07 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 32,809 units
RSU position after grant: 280,410.07 units
Grant price per RSU: $0.00 per unit
+2 more
5 metrics
RSUs granted
32,809 units
Restricted Stock Units granted as of 2026-05-19
RSU position after grant
280,410.07 units
Total RSUs directly held following the transaction
Grant price per RSU
$0.00 per unit
Compensation award, not open-market purchase
Underlying common shares
32,809 shares
Each RSU represents one share of common stock
Transaction code
A
Grant, award, or other acquisition of derivative security
Key Terms
Restricted Stock Units, Incentive Plan, Deferred Compensation Plan for Non-Employee Directors, cessation of service
4 terms
Restricted Stock Units financial
"Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Incentive Plan financial
"RSUs granted under the Issuer's Incentive Plan."
Deferred Compensation Plan for Non-Employee Directors financial
"have been deferred under the Issuer's Deferred Compensation Plan for Non-Employee Directors."
cessation of service other
"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."
FAQ
What did ACCO (ACCO) director Pradeep Jotwani report in this Form 4?
Director Pradeep Jotwani reported acquiring 32,809 Restricted Stock Units in ACCO BRANDS Corp. These RSUs are a compensation grant, not an open-market share purchase, and increase his deferred equity-based stake linked to the company’s common stock performance over time.
How many ACCO (ACCO) Restricted Stock Units were granted and what do they represent?
He was granted 32,809 Restricted Stock Units, each representing the right to receive one share of ACCO common stock. These units are part of the company’s non-employee director compensation, aligning his interests with shareholders through future stock delivery instead of immediate cash.
When do Pradeep Jotwani’s ACCO (ACCO) RSUs vest and pay out?
The RSUs vest immediately or on the one-year anniversary of the grant date, depending on grant terms. However, delivery of common shares is deferred until the earlier of his death, disability, or when he stops serving on ACCO’s Board of Directors, per the deferred compensation plan.
Is this ACCO (ACCO) Form 4 a stock purchase or a compensation award?
This Form 4 reflects a compensation-related award, not a market purchase. The 32,809 RSUs were granted under ACCO’s Incentive Plan and Deferred Compensation Plan for Non-Employee Directors, with a stated grant price of $0.00 per unit and no cash changing hands in the market.
What is Pradeep Jotwani’s ACCO (ACCO) equity-linked position after this RSU grant?
After the grant, his directly held Restricted Stock Units total 280,410.07 units. Each unit entitles him to receive one share of ACCO common stock upon specified future events, giving him a substantial deferred equity exposure tied to company performance and long-term governance involvement.