ACCO CFO awarded RSUs and PSUs, settles units
ACCO Brands EVP and CFO Deborah O’Connor reported routine equity compensation activity.
Rhea-AI Filing Summary
ACCO Brands EVP and CFO Deborah O’Connor reported routine equity compensation activity. She received a grant of 161,065 restricted stock units that are scheduled to convert into common shares on March 11, 2029, if she remains employed, subject to plan acceleration provisions.
She was also granted 104,599 performance stock units for the 2023–2025 cycle, which were earned over a three-year performance period and became eligible to settle into common stock. Those 104,599 units were then exercised into 104,599 shares of common stock, and 30,611 of those shares were withheld at $3.635 per share to cover tax obligations. After these transactions, she directly holds 107,616 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 161,065 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units (2023-2025) | 104,599 | $0.00 | $0.00 |
| Exercise | Performance Stock Units (2023-2025) | 104,599 | $0.00 | $0.00 |
| Exercise | Common Stock | 104,599 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 30,611 | $3.635 | $111K |
Footnotes (2)
- F1. Reflects performance stock units ("PSUs") granted under the Issuer's Incentive Plan that were earned by the Reporting Person during a three-year performance period. Subject to the Reporting Person's continued employment, earned PSUs become eligible for settlement into shares of common stock upon the completion of the final performance period in the three-year cycle.
- F2. 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 11, 2029, provided that the Reporting Person remains employed by the Issuer at that time, subject to acceleration as provided in said Plan.
FAQ
What insider transactions did ACCO (ACCO) CFO Deborah O’Connor report?
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What are the terms of ACCO (ACCO) CFO’s new performance stock units?
When will the new ACCO (ACCO) restricted stock units vest for the CFO?
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