ACCO insider filing: Thomas Tedford granted RSUs vesting 2026–2028
Rhea-AI Filing Summary
Thomas W. Tedford, President & CEO and director of ACCO BRANDS Corp (ACCO), reported multiple grants of Restricted Stock Units (RSUs) on 09/10/2025. Four RSU awards were recorded: 2,158.3 units (vesting 03/14/2026), 1,130 units (vesting 10/02/2026), 4,640.9 units (vesting 03/12/2027) and 5,690.6 units (vesting 03/11/2028). The first three grant entries note that a portion represents RSUs issued pursuant to dividend equivalent provisions. Each RSU converts to one share on its vesting date if the reporting person remains employed. The filing lists the reported beneficial ownership figures following each transaction as 116,404.4, 60,943.4, 250,298.8 and 306,914.7 respectively. The Form 4 is signed by an attorney-in-fact on 09/12/2025.
Positive
- Multi-year vesting schedule across 2026–2028 supports executive retention objectives
- Dividend-equivalent RSUs were issued, reflecting accrual treatment rather than separate cash payouts
- Detailed disclosure of unit counts and vesting dates meets Form 4 transparency expectations
Negative
- None.
Insights
TL;DR: Executive received staged RSU grants with multi-year vesting, including dividend-equivalent accruals; routine compensation, limited immediate cash impact.
The filing documents non-cash equity awards to the CEO totaling multiple Restricted Stock Unit grants on 09/10/2025 with vesting through 2028. Each RSU converts to one share on the stated vesting date subject to continued employment. The grants include units attributable to dividend equivalents, indicating accrual on prior awards rather than separate cash payments. There is no exercise price or cash transaction reported, and ownership is reported as direct. For investors, this is a standard executive compensation event that primarily affects future potential share issuance and executive alignment rather than immediate liquidity or operating cash flow.
TL;DR: Multiple RSU awards to CEO reflect retention-focused incentive design; disclosure is clear on vesting dates and dividend-equivalent treatment.
The Form 4 clearly identifies the reporting person as President & CEO and discloses four separate RSU awards granted under the issuer's incentive plan on 09/10/2025. Vesting is spread from March 2026 to March 2028, which is consistent with multi-year retention objectives. The filing specifies that some units result from dividend equivalents on existing RSU awards. The disclosure is specific on dates and unit counts and is signed by an authorized attorney-in-fact, meeting Form 4 reporting requirements. This is a routine governance disclosure of equity-based compensation.