ACCO Brands (NYSE: ACCO) CEO receives major RSU grant, settles PSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ACCO Brands President & CEO Thomas W. Tedford reported compensation-related equity transactions. On March 11, 2026, he received a grant of 644,258 Restricted Stock Units, each eligible to convert into one share of common stock on March 11, 2029, subject to continued employment and the incentive plan’s terms.
On March 10, 2026, previously earned 219,916 Performance Stock Units (2023–2025 cycle) were granted and then exercised, converting into 219,916 shares of common stock. To cover tax obligations, 64,437 shares were withheld at $3.635 per share. Following these transactions, Tedford directly held 644,806 shares of common stock and the new RSUs; there were no remaining performance units from the 2023–2025 award.
Positive
- None.
Negative
- None.
Insider Trade Summary
219,916 shares exercised/converted
Mixed
5 txns
Insider
Tedford Thomas W
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 644,258 | $0.00 | -- |
| Grant/Award | Performance Stock Units (2023-2025) | 219,916 | $0.00 | -- |
| Exercise | Performance Stock Units (2023-2025) | 219,916 | $0.00 | -- |
| Exercise | Common Stock | 219,916 | $0.00 | -- |
| Tax Withholding | Common Stock | 64,437 | $3.635 | $234K |
Holdings After Transaction:
Restricted Stock Units — 644,258 shares (Direct);
Performance Stock Units (2023-2025) — 219,916 shares (Direct);
Common Stock — 709,243 shares (Direct)
Footnotes (1)
- 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. 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 insider transactions did ACCO (ACCO) CEO Thomas Tedford report?
Thomas W. Tedford reported equity compensation transactions, not open-market trades. He received new restricted stock units and converted previously earned performance stock units into common shares, with a portion of the resulting stock withheld to satisfy tax obligations under the company’s incentive plan.
How many restricted stock units did ACCO grant to its CEO?
ACCO granted Thomas W. Tedford 644,258 Restricted Stock Units. Each unit represents the right to receive one share of common stock on March 11, 2029, provided he remains employed and plan conditions, including any acceleration provisions, are met under the issuer’s incentive plan.
What happened with ACCO’s 2023-2025 performance stock units for the CEO?
Tedford earned 219,916 Performance Stock Units (2023–2025) under ACCO’s incentive plan. On March 10, 2026, these PSUs became eligible and were exercised, converting into 219,916 shares of common stock, reflecting performance over the completed three-year measurement period.
Do these ACCO CEO transactions indicate insider buying or selling activity?
The activity reflects equity compensation and PSU settlement, not traditional insider buying or selling. Shares were acquired through grants and conversion of performance units, while a portion was withheld solely to satisfy tax obligations associated with those compensation events.