[Form 4] ACCO BRANDS Corp Insider Trading Activity
Elizabeth A. Simermeyer, a director of ACCO BRANDS Corp (ACCO), received 1,362.1 Restricted Stock Units (RSUs) on 09/10/2025 under the issuer's Incentive Plan via dividend equivalents. The RSUs have a $0 per-unit conversion price and represent the right to one share each, and are deferred under the Issuer's Deferred Compensation Plan for Non-Employee Directors. Following the transaction, the reporting person is shown as beneficially owning 73,462.4 shares of common stock. RSUs either vested immediately or will vest on the one-year anniversary of the grant date, and convert to common shares upon death, disability, or cessation of board service. The Form 4 was signed by an attorney-in-fact on 09/12/2025.
- Director alignment with shareholders through equity via 1,362.1 RSUs representing potential shares
- Substantial reported beneficial ownership of 73,462.4 common shares, indicating continued stake in issuer
- Compensation deferred under a formal plan, showing governance-controlled deferral for non-employee directors
- None.
Insights
TL;DR: Routine director compensation reported; increases director equity stake without cash cost.
The filing documents a non-cash grant of 1,362.1 RSUs issued as dividend equivalents and added to the reporting person's beneficial holdings of common stock to 73,462.4 shares. The RSUs carry no exercise price and are deferred under the company's plan for non-employee directors, indicating compensation is being paid in equity units rather than cash. From an investor perspective this is a routine disclosure showing director alignment with shareholders through equity-based pay; there is no explicit cash inflow/outflow or exercise event recorded.
TL;DR: Governance practice: director RSUs deferred under a non-employee plan; standard administration and disclosure.
The report describes RSUs granted under the incentive plan and deferred under the Deferred Compensation Plan for Non-Employee Directors, with vesting either immediate or at one year and conversion tied to departure, death, or disability. This structure is consistent with standard board compensation and retention practices. The Form 4 properly discloses the transaction date and resulting beneficial ownership, and it was executed via attorney-in-fact, which is commonly used for administrative filings.