ACCO Brands (NYSE: ACCO) director awarded 5,544 Restricted Stock Units under incentive plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAJKOWSKI E MARK reported acquisition or exercise transactions in this Form 4 filing.
ACCO Brands Corp director E. Mark Rajkowski received a grant of 5,544.3 Restricted Stock Units (RSUs). These RSUs were awarded at no cash cost and each unit represents one share of common stock. Following this grant, Rajkowski directly holds 295,323.8 derivative-linked shares. The RSUs vest immediately or after one year and are deferred under the company’s non-employee director deferred compensation plan, to be settled in stock upon death, disability, or when board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RAJKOWSKI E MARK
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,544.3 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 295,323.8 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 5,544.3 units
Grant price: $0.00 per unit
Holdings after grant: 295,323.8 shares
3 metrics
RSUs granted
5,544.3 units
Restricted Stock Units granted to director on 2026-06-17
Grant price
$0.00 per unit
RSU grant under Incentive Plan
Holdings after grant
295,323.8 shares
Total derivative-linked shares following transaction
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 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 did ACCO (ACCO) director E. Mark Rajkowski report on this Form 4?
E. Mark Rajkowski reported receiving 5,544.3 Restricted Stock Units as a grant. The award was made at a price of $0.00 per unit and is part of his compensation as a non-employee director under ACCO Brands’ incentive and deferred compensation plans.
How many ACCO (ACCO) RSUs did the director receive and what do they represent?
The director received 5,544.3 Restricted Stock Units, each linked to one share of common stock. These RSUs entitle him to receive equivalent common shares upon death, disability, or when his service on ACCO Brands’ Board of Directors ends, subject to the plan’s vesting terms.
What is the vesting schedule for the ACCO (ACCO) RSUs granted to the director?
The RSUs either vest immediately or on the one-year anniversary of the grant date, as described in the plan. Regardless of vesting, settlement in ACCO Brands common stock is deferred until the earlier of death, disability, or cessation of service as a board member.
Did the ACCO (ACCO) director pay anything for the 5,544.3 RSU grant?
No, the 5,544.3 Restricted Stock Units were granted at a price of $0.00 per unit. This indicates they are a non-cash equity compensation award provided under ACCO Brands’ Incentive Plan and Deferred Compensation Plan for non-employee directors.
What are the director’s ACCO (ACCO) holdings after this RSU transaction?
After the RSU grant, the director is reported as directly holding 295,323.8 derivative-linked shares. This figure reflects his total position associated with the reported derivative securities after the acquisition of 5,544.3 new Restricted Stock Units.
When will the ACCO (ACCO) RSUs convert into common stock for the director?
Each RSU will convert into one ACCO Brands common share upon the earlier of the director’s death, disability, or when he stops serving on the Board. This timing follows the company’s Deferred Compensation Plan for Non-Employee Directors governing RSU settlement.