ACCO Insider Filing: Burton Adds 1,961.9 Restricted Stock Units

Rhea-AI Filing Summary

ACCO BRANDS Corp (ACCO) director Joseph B. Burton reported an acquisition of 1,961.9 restricted stock units (RSUs) on 09/10/2025. The RSUs were recorded as dividend equivalents on his existing earned RSU awards and are settled as one share per unit. Following the transaction, Mr. Burton beneficially owns 105,812.29 common shares directly. The RSUs are subject to the issuer's Incentive Plan and have been deferred under the company’s Deferred Compensation Plan for Non-Employee Directors; they either vest immediately or on the one-year anniversary of the grant date and convert to common stock upon death, disability, or cessation of board service. The Form 4 was signed on behalf of Mr. Burton on 09/11/2025.

Positive

• Director increased direct ownership by 1,961.9 RSUs, bringing total beneficial ownership to 105,812.29 shares
• Transaction reflects standard compensation mechanics (dividend equivalents on earned RSU awards) and was timely reported

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director acquired dividend-equivalent RSUs, modestly increasing direct ownership and remaining subject to deferred-compensation settlement rules.

The filing documents a non-derivative acquisition through dividend equivalents rather than a cash purchase, adding 1,961.9 RSUs to Mr. Burton's holdings and bringing his direct beneficial ownership to 105,812.29 shares. These RSUs are governed by the company's Incentive Plan and deferred compensation rules for non-employee directors, which means settlement is tied to service termination events or specified vesting. This transaction aligns with standard director compensation mechanics and does not indicate any sale or change in control. The report was timely filed the day after the transaction and executed by an attorney-in-fact.

Securities Analyst

TL;DR: Acquisition is routine director compensation activity with limited immediate market impact.

The addition of 1,961.9 RSUs via dividend equivalents represents compensation-related issuance rather than market-driven purchases, so it is unlikely to signal a change in insider sentiment about near-term company prospects. The increase to 105,812.29 shares is immaterial relative to typical public-company float sizes, and the deferred settlement terms mean the economic exposure is linked to continued board service or specific triggering events. The filing appears complete and properly executed.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BURTON JOSEPH B

(Last) (First) (Middle)

C/O ACCO BRANDS CORPORATION

(Street)

LAKE ZURICH IL 60047

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ACCO BRANDS Corp [ ACCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0	09/10/2025		A		1,961.9(1)		(2)	(2)	Common Stock	1,961.9	$0	105,812.29	D

Explanation of Responses:

1. Represents Restricted Stock Units (RSUs) acquired pursuant to the dividend equivalent provisions of the Reporting Person's earned and outstanding RSU awards.

2. Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan. RSUs are immediately vested or vest on the one year anniversary of the grant date, but in either case, have been deferred under the Issuer's Deferred Compensation Plan for Non-Employee Directors. Each RSU represents the right to receive one share of the Issuer's common stock 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.

	/s/ Kathryn D. Ingraham, attorney-in-fact for Joseph B. Burton	09/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ACCO director Joseph B. Burton report on Form 4 (ACCO)?

He reported the acquisition of 1,961.9 restricted stock units (RSUs) on 09/10/2025, recorded as dividend equivalents on earned RSU awards.

How many shares does Joseph B. Burton beneficially own after the transaction?

Following the reported transaction he beneficially owns 105,812.29 common shares (direct ownership).

Are the RSUs immediately vested or deferred for Mr. Burton?

The RSUs are granted under the Incentive Plan and are either immediately vested or vest one year after grant, but have been deferred under the company's Deferred Compensation Plan for Non-Employee Directors.

When do the RSUs convert to common stock?

Each RSU converts to one share upon the earlier of the reporting person's death, disability, or cessation of service as a board member.

Was the Form 4 filed timely and who signed it?

The Form 4 reports the transaction dated 09/10/2025 and was signed on behalf of Joseph B. Burton by an attorney-in-fact on 09/11/2025.