ACCO (ACCO) director Lombardi awarded 3,559.8 deferred RSUs as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lombardi Ronald M. reported acquisition or exercise transactions in this Form 4 filing.
ACCO Brands Corp director Ronald M. Lombardi received a grant of 3,559.8 Restricted Stock Units (RSUs). These RSUs were awarded under the company’s Incentive Plan as compensation, with no cash paid by Lombardi.
Each RSU represents one share of ACCO common stock and either vests immediately or on the one-year anniversary of the grant date, but is deferred under the Deferred Compensation Plan for Non-Employee Directors. The shares will be delivered upon the earlier of Lombardi’s death or disability, or when he leaves the Board. Following this award, he holds a total of 189,621.03 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lombardi Ronald M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,559.8 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 189,621.03 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 3,559.8 units
RSUs after transaction: 189,621.03 units
Grant price per unit: $0.0000 per unit
+1 more
4 metrics
RSUs granted
3,559.8 units
Restricted Stock Units awarded to director on 2026-06-17
RSUs after transaction
189,621.03 units
Total Restricted Stock Units held directly after grant
Grant price per unit
$0.0000 per unit
Compensation grant with no cash paid by director
Underlying common shares
3,559.8 shares
Each RSU represents one share of ACCO common stock
Key Terms
Restricted Stock Units, Incentive Plan, Deferred Compensation Plan for Non-Employee Directors, cessation of service
4 terms
Restricted Stock Units financial
"Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Incentive Plan financial
"RSUs granted under the Issuer's Incentive Plan."
Deferred Compensation Plan for Non-Employee Directors financial
"have been deferred under the Issuer's Deferred Compensation Plan for Non-Employee Directors."
cessation of service other
"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."
FAQ
What insider transaction did ACCO (ACCO) report for Ronald M. Lombardi?
ACCO reported that director Ronald M. Lombardi received 3,559.8 Restricted Stock Units as a compensation award. The RSUs were granted at no cost under the company’s Incentive Plan and each unit represents the right to receive one share of common stock.
How many ACCO (ACCO) Restricted Stock Units does Ronald M. Lombardi hold after this grant?
After the new award, Ronald M. Lombardi holds a total of 189,621.03 Restricted Stock Units. These units are deferred compensation and each RSU represents the right to receive one share of ACCO Brands’ common stock in the future, subject to plan terms.
When do Ronald M. Lombardi’s ACCO (ACCO) RSUs vest and pay out?
The RSUs either vest immediately or on the one-year anniversary of the grant date, depending on grant terms. However, payout of shares is deferred until the earlier of Lombardi’s death or disability, or when he stops serving on ACCO’s Board of Directors.
What does the ACCO (ACCO) Form 4 say about the cost of Lombardi’s RSU grant?
The Form 4 reports a transaction price per unit of 0.0000, indicating Lombardi did not pay cash for the 3,559.8 RSUs. This reflects a standard compensation grant under ACCO’s Incentive Plan for Non-Employee Directors, not an open-market purchase.
Are Ronald M. Lombardi’s ACCO (ACCO) RSUs part of a deferred compensation arrangement?
Yes. The footnote explains that these RSUs have been deferred under ACCO’s Deferred Compensation Plan for Non-Employee Directors. Although they vest either immediately or after one year, the actual shares are delivered only upon death, disability, or board service cessation.