ACCO director granted 32,809 deferred RSUs
ACCO BRANDS Corp director Pradeep Jotwani received a grant of 32,809 Restricted Stock Units (RSUs) tied to common stock as compensation.
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
| 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.
Key Figures
Key Terms
Restricted Stock Units financial
Incentive Plan financial
Deferred Compensation Plan for Non-Employee Directors financial
cessation of service other
FAQ
What did ACCO (ACCO) director Pradeep Jotwani report in this Form 4?
How many ACCO (ACCO) Restricted Stock Units were granted and what do they represent?
When do Pradeep Jotwani’s ACCO (ACCO) RSUs vest and pay out?
Is this ACCO (ACCO) Form 4 a stock purchase or a compensation award?
What is Pradeep Jotwani’s ACCO (ACCO) equity-linked position after this RSU grant?
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