[Form 4] ACCO BRANDS Corp Insider Trading Activity
ACCO BRANDS Corp director Pradeep Jotwani received 4,388.7 Restricted Stock Units (RSUs) on 09/10/2025 under the issuer's incentive plan as reported on a Form 4. The RSUs were acquired as dividend equivalents tied to the director's earned and outstanding RSU awards and are recorded at a price of $0. The filing states each RSU represents the right to one share of common stock upon the earlier of the director's death or disability, or cessation of board service, and that the RSUs are deferred under the issuer's Deferred Compensation Plan for Non-Employee Directors. Following the reported transaction, the filing shows 4,388.7 underlying common shares and a listed beneficial ownership figure of 236,697.47.
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Insights
TL;DR: Director received dividend-equivalent RSUs, a routine compensation occurrence with no explicit cash outlay or exercised options reported.
This Form 4 records an award of 4,388.7 RSUs to a non-employee director under the company's incentive plan, attributable to dividend equivalents on existing RSU awards and deferred under a director compensation plan. The filing clarifies vesting/settlement triggers (death, disability, or termination of service) and shows these RSUs are not exercised options but units convertible to one share each. From a governance perspective, this is consistent with standard non-employee director compensation practices and does not, by itself, indicate a change in control, governance policy, or immediate dilution beyond the pre-existing award framework.
TL;DR: Insider acquisition of RSUs recorded; transaction appears administrative and not an open-market purchase or sale.
The report documents a grant/acquisition event on 09/10/2025 for 4,388.7 RSUs recorded at $0, described as dividend equivalents credited to earned RSU awards and deferred under the issuer's deferred compensation plan. The Form 4 lists 4,388.7 underlying common shares associated with the units and a post-transaction beneficial ownership figure of 236,697.47. There is no cash price paid and no derivative exercise or open-market trade reported, indicating this is a compensation accounting event rather than a liquidity transaction.