ACCO Brands (NYSE: ACCO) SVP converts 16,790 RSUs, 8,312 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACCO BRANDS Corp senior executive Ard-Jen Spijkervet exercised restricted stock units that vested into common shares. On March 14, 2026, 16,790 Restricted Stock Units converted into 16,790 shares of common stock, reflecting compensation granted under the company’s incentive plan.
To cover tax obligations on this vesting event, 8,312 common shares were withheld at a price of $3.32 per share, which is a non-market, tax-related disposition rather than an open-market sale. After these transactions, Spijkervet directly holds 36,106 shares of ACCO BRANDS common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,790 shares exercised/converted
Mixed
3 txns
Insider
Spijkervet Ard-Jen
Role
SVP ACCO Brands & Pres Intl
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 16,790 | $0.00 | -- |
| Exercise | Common Stock | 16,790 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,312 | $3.32 | $28K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 44,418 shares (Direct)
Footnotes (1)
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FAQ
What did ACCO (ACCO) executive Ard-Jen Spijkervet report in this Form 4?
Ard-Jen Spijkervet reported the vesting and exercise of 16,790 Restricted Stock Units into common shares. The filing also shows tax-related share withholding and his updated direct ownership of 36,106 ACCO BRANDS common shares after the transactions.
How many ACCO (ACCO) Restricted Stock Units did Spijkervet exercise?
Spijkervet exercised 16,790 Restricted Stock Units, each converting into one share of ACCO BRANDS common stock. These RSUs were granted under the company’s incentive plan and became deliverable on March 14, 2026, subject to his continued employment with the company.
What is transaction code M in the ACCO (ACCO) Form 4 for Spijkervet?
Transaction code M indicates the exercise or conversion of a derivative security. In this case, 16,790 Restricted Stock Units converted into an equal number of ACCO BRANDS common shares as part of Spijkervet’s equity compensation under the company’s incentive plan.
What does transaction code F mean in Spijkervet’s ACCO (ACCO) filing?
Transaction code F represents shares withheld to pay taxes or exercise costs. Spijkervet had 8,312 ACCO BRANDS common shares withheld at $3.32 per share to satisfy tax liabilities from his RSU vesting, rather than selling shares in the open market.