ACCO Brands (ACCO) Insider Elizabeth Simermeyer Reports RSU Credit

Rhea-AI Filing Summary

Form 4 Filing – ACCO Brands Corp (ACCO) – filed 20-Jun-2025

Director Elizabeth A. Simermeyer reported the automatic acquisition of 1,542.8 restricted stock units (RSUs) on 18-Jun-2025. The RSUs were credited as dividend equivalents on previously earned awards under the company’s Incentive Plan. Each unit converts into one common share and distribution is deferred under the Deferred Compensation Plan for Non-Employee Directors until the earlier of death, disability, or departure from the Board.

Following the credit, Simermeyer now beneficially owns 72,100.3 RSUs, held directly. No shares were sold, no cash consideration was exchanged, and there was no effect on the company’s share count or cash flows.

The filing, signed by attorney-in-fact Pamela R. Schneider, is a routine governance disclosure. The incremental stake represents roughly 0.002 % of ACCO’s ~202 million shares outstanding, implying limited market impact. Nonetheless, the transaction modestly increases director equity exposure and maintains alignment with shareholder interests.

Insights

Corporate Governance Expert

TL;DR: Routine RSU dividend credit; negligible ownership change, neutral governance signal.

This Form 4 reflects a standard dividend-equivalent adjustment inside the company’s existing deferred compensation framework. The director neither purchased shares on the open market nor disposed of any equity, so the filing does not suggest a change in sentiment. From a governance perspective, continued accumulation—however small—maintains board-level alignment, but the percentage ownership remains immaterial to influence voting outcomes. No red flags or material positives detected.

Portfolio Manager

TL;DR: Immaterial insider acquisition; no valuation impact for ACCO.

The 1,543-unit RSU credit equates to under $10k at recent prices—far below thresholds that move the share price. Since it is a non-cash, automatic grant, it neither signals insider conviction nor affects liquidity. I classify the event as information-only; trading strategy remains unchanged.

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
Estimated average burden
hours per response:			0.5

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^*

Simermeyer Elizabeth A

(Last) (First) (Middle)

C/O ACCO BRANDS CORP

FOUR CORPORATE DRIVE

(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)
06/18/2025

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	06/18/2025		A		1,542.8(1)		(2)	(2)	Common Stock	1,542.8	$0	72,100.3	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/ Pamela R. Schneider, attorney-in-fact for Elizabeth A. Simermeyer	06/20/2025
	** 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

How many ACCO RSUs did Elizabeth Simermeyer acquire in the 18-Jun-2025 transaction?

She received 1,542.8 restricted stock units credited as dividend equivalents.

What is Elizabeth Simermeyer’s total derivative holding in ACCO after the filing?

Her beneficial ownership rose to 72,100.3 RSUs following the transaction.

Did the ACCO director sell any shares in this Form 4?

No. The filing shows only an acquisition (Code A) and no dispositions of shares.

Were any cash proceeds involved in the RSU acquisition?

No cash changed hands; the RSUs were granted at $0 cost as dividend equivalents.

Does the transaction affect ACCO’s outstanding share count or earnings?

The RSU credit is immaterial to share count and has no impact on earnings or cash flow.