ACCO Brands (ACCO) director defers 32,809 stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BURTON JOSEPH B reported acquisition or exercise transactions in this Form 4 filing.
ACCO Brands Corp director Joseph B. Burton reported an award of 32,809 Restricted Stock Units (RSUs) of common stock as compensation. The RSUs were granted at no cash cost under the company’s Incentive Plan and are deferred under the Deferred Compensation Plan for Non-Employee Directors.
The footnote explains that these RSUs either vest immediately or on the one-year anniversary of the grant, but in all cases remain deferred until the earlier of Burton’s death or disability, or when he ceases to serve on the Board. Following this grant, he directly holds 143,495.69 RSUs representing an equivalent number of common shares deliverable at that future time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BURTON JOSEPH B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 32,809 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 143,495.69 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 32,809 units
Underlying common stock: 32,809 shares
Total RSUs after grant: 143,495.69 units
+1 more
4 metrics
RSUs granted
32,809 units
Restricted Stock Units award on 2026-05-19
Underlying common stock
32,809 shares
Each RSU represents one common share
Total RSUs after grant
143,495.69 units
Direct holdings following the reported transaction
Transaction price per RSU
$0.0000 per unit
Non-cash grant under Incentive Plan
Key Terms
Restricted Stock Units (RSUs), Incentive Plan, Deferred Compensation Plan for Non-Employee Directors, cessation of service
4 terms
Restricted Stock Units (RSUs) financial
"Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
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 financial
"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 insider transaction did ACCO (ACCO) director Joseph B. Burton report?
Joseph B. Burton reported receiving 32,809 Restricted Stock Units (RSUs) of ACCO Brands common stock as a compensation award. The RSUs were granted at no cash cost under the company’s Incentive Plan and will ultimately settle in an equal number of common shares.
How many ACCO Brands RSUs does Joseph B. Burton hold after this Form 4?
After the 32,809 RSU grant, Joseph B. Burton holds a total of 143,495.69 RSUs directly. Each RSU represents the right to receive one ACCO Brands common share at a future settlement date tied to his board service or specified events.
When do Joseph B. Burton’s new ACCO RSUs vest and settle?
The RSUs either vest immediately or on the one-year anniversary of the grant date, according to the footnote. However, settlement into common shares is deferred until the earlier of Burton’s death or disability, or when he stops serving on ACCO’s Board of Directors.
Are Joseph B. Burton’s new ACCO RSUs part of a deferred compensation plan?
Yes. The footnote states these RSUs are deferred under ACCO’s Deferred Compensation Plan for Non-Employee Directors. This means the underlying shares will be delivered only upon death, disability, or cessation of service on the Board, rather than at the initial vesting date.
What type of security did Joseph B. Burton acquire in this ACCO Form 4?
He acquired derivative securities classified as Restricted Stock Units, each linked to one share of ACCO Brands common stock. The RSUs were granted as a non-cash award and are governed by both the company’s Incentive Plan and its Deferred Compensation Plan for Non-Employee Directors.