ACCO Brands SVP granted RSUs and PSUs
ACCO Brands Corp senior vice president Gregory J. McCormack reported equity compensation and related tax withholding transactions.
Rhea-AI Filing Summary
ACCO Brands Corp senior vice president Gregory J. McCormack reported equity compensation and related tax withholding transactions. He received a grant of 70,029 Restricted Stock Units (RSUs) on March 11, 2026, each RSU eligible to convert into one share of common stock on March 11, 2029 if he remains employed.
On March 10, 2026, he was credited with 35,366 Performance Stock Units (PSUs) earned for the 2023–2025 performance period, then exercised those PSUs into an equal number of common shares. To cover tax obligations, 11,728 common shares were withheld at $3.635 per share. After these transactions, he directly owns 198,526 shares of common stock, in addition to the new RSU award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 70,029 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units (2023-2025) | 35,366 | $0.00 | $0.00 |
| Exercise | Performance Stock Units (2023-2025) | 35,366 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,728 | $3.635 | $43K |
| Exercise | Common Stock | 35,366 | $0.00 | $0.00 |
Footnotes (2)
- F1. Reflects performance stock units ("PSUs") granted under the Issuer's Incentive Plan that were earned by the Reporting Person during a three-year performance period. Subject to the Reporting Person's continued employment, earned PSUs become eligible for settlement into shares of common stock upon the completion of the final performance period in the three-year cycle.
- F2. Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan. Each RSU represents the right to receive one share of the Issuer's common stock on March 11, 2029, provided that the Reporting Person remains employed by the Issuer at that time, subject to acceleration as provided in said Plan.
FAQ
What equity awards did ACCO (ACCO) executive Gregory McCormack receive?
When do Gregory McCormack’s ACCO RSUs from March 2026 vest?
How many ACCO Performance Stock Units did Gregory McCormack earn?
Did Gregory McCormack sell ACCO common stock in this Form 4?
Are Gregory McCormack’s ACCO RSUs and PSUs part of an incentive plan?
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