ACCO SVP exercises 31,788 RSUs, covers taxes
ACCO Brands Corp senior vice president Gregory J. McCormack exercised restricted stock units into common shares as part of his compensation.
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Rhea-AI Filing Summary
ACCO Brands Corp senior vice president Gregory J. McCormack exercised restricted stock units into common shares as part of his compensation. On March 14, 2026, 31,788 restricted stock units converted into 31,788 shares of common stock at a stated price of $0.00 per share.
On the same date, 9,476 common shares were disposed of at $3.32 per share to satisfy tax obligations associated with the equity award. After these transactions, McCormack directly holds 209,110 shares of ACCO Brands common stock. The footnote explains the RSUs were granted under the company’s incentive plan and settled on March 14, 2026, conditioned on continued employment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 31,788 | $0.00 | $0.00 |
| Exercise | Common Stock | 31,788 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,476 | $3.32 | $31K |
Footnotes (1)
- F1. 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 14, 2026, provided the Reporting Person remains employed by the Issuer at that time, subject to acceleration as provided in said Plan.
FAQ
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What insider transaction did ACCO (ACCO) report for Gregory J. McCormack?
What type of equity award did ACCO (ACCO) use in McCormack’s Form 4 transaction?
Was the ACCO (ACCO) Form 4 transaction an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.