Insider Form 4: ACCO's Rajkowski Adds to Holdings with 5.1k RSUs

Rhea-AI Filing Summary

ACCO Brands Corporation (ACCO) – Form 4 Insider Transaction

Director E. Mark Rajkowski reported an automatic acquisition of 5,159.1 Restricted Stock Units (RSUs) on 18 Jun 2025 under the company’s dividend-equivalent feature. The RSUs were credited at $0 purchase price and are deferred under the Non-Employee Directors Deferred Compensation Plan. Following the transaction, Rajkowski’s direct derivative holdings rose to 241,099.4 RSUs.

The RSUs are either immediately vested or vest one year from grant and convert to common shares upon the earlier of director departure, disability or death.

• Reporting person capacity: Director (not an officer or 10% owner)
• Transaction code: A (acquisition)
• No sales or dispositions disclosed; Table I (non-derivative) is blank
• Form filed individually; signed 20 Jun 2025

The filing reflects routine dividend-equivalent accrual rather than an open-market purchase, signaling continued alignment but carrying limited immediate market impact.

Positive

• Insider holding increased by 5,159.1 RSUs, reinforcing alignment with shareholders.
• No insider sales reported, avoiding negative sentiment associated with dispositions.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine dividend RSU credit; increases insider exposure, no cash outflow, neutral-to-slightly positive signal.

This Form 4 shows a mechanical credit of 5,159.1 RSUs to Director E. Mark Rajkowski, lifting his deferred stake to 241 k units. Because the award arises from dividend equivalents, it neither implies cash buying pressure nor a valuation view, yet it adds to insider ownership and avoids any negative optics from insider selling. The absence of dispositions suggests stable insider sentiment, but the small size relative to ACCO’s ~96 m shares outstanding limits materiality. Overall impact on valuation or float is negligible; nonetheless, sustained insider accumulation, even automatic, is modestly constructive for governance optics.

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
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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^*

RAJKOWSKI E MARK

(Last) (First) (Middle)

C/O ACCO BRANDS CORPORATION

(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		5,159.1(1)		(2)	(2)	Common Stock	5,159.1	$0	241,099.4	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 E. Mark Rajkowski	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.
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FAQ

How many ACCO RSUs did Director E. Mark Rajkowski acquire?

He acquired 5,159.1 Restricted Stock Units on 18 Jun 2025.

What was the transaction code reported in the Form 4 for ACCO?

The filing lists transaction code A, indicating an acquisition.

What is Rajkowski's total ACCO derivative holding after the transaction?

His direct derivative position increased to 241,099.4 RSUs.

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

No; the filing reports only an acquisition of RSUs and no dispositions.

Are the acquired RSUs immediately vested for the ACCO director?

They either vest immediately or after one year, but are deferred until board service ends, death, or disability.