ACCO BRANDS Corp·4

Mar 12, 6:10 PM ET

Daniel Paul P 4

4 · ACCO BRANDS Corp · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

ACCO SVP/CIO Daniel Paul Exercises Awards and Sells Shares

What Happened

  • Daniel Paul, Senior VP and Chief Information Officer of ACCO Brands (ACCO), had performance awards settle and received new restricted stock units. On 2026-03-10 he had 23,911 performance stock units (PSUs) convert into shares; 8,135 of those shares were surrendered/withheld to cover tax liability (disposed) at $3.63 per share for a tax withholding value of $29,571. On 2026-03-11 he was granted 38,516 restricted stock units (RSUs). The PSU conversion and RSU grant are award-based transactions (not open-market purchases).

Key Details

  • Transaction dates: PSU conversion and withholding on 2026-03-10; RSU grant on 2026-03-11. Withheld shares disposed at $3.63 each, totaling $29,571.
  • Shares received: 23,911 shares from PSU settlement (reported) and a grant of 38,516 RSUs (totaling 62,427 award-related shares reported). 8,135 shares were withheld to satisfy tax obligations.
  • Shares owned after transaction: Not specified in the filing excerpt.
  • Footnotes: F1 = PSUs earned under a three‑year performance period and eligible for settlement after that period. F2 = RSUs representing the right to one share each, vesting/settlement on March 11, 2029, subject to continued employment.
  • Filing timeliness: Form filed 2026-03-12 for transactions dated 2026-03-10/11 — appears to be filed within the standard two-business-day window.

Context

  • These transactions are award settlements and a routine tax-withholding share surrender (code F), not an open-market sale for cash. Withholding to cover taxes is common when stock awards vest and does not necessarily indicate a discretionary sale by the insider.

Insider Transaction Report

Form 4
Period: 2026-03-10
Daniel Paul P
SVP and CIO
Transactions
  • Exercise/Conversion

    Common Stock

    2026-03-10+23,91138,196.47 total
  • Tax Payment

    Common Stock

    2026-03-10$3.63/sh8,135$29,57130,061.47 total
  • Award

    Performance Stock Units (2023-2025)

    [F1]
    2026-03-10+23,91123,911 total
    Exercise: $0.00Common Stock (23,911 underlying)
  • Exercise/Conversion

    Performance Stock Units (2023-2025)

    [F1]
    2026-03-1023,9110 total
    Exercise: $0.00Common Stock (23,911 underlying)
  • Award

    Restricted Stock Units

    [F2]
    2026-03-11+38,51638,516 total
    Exercise: $0.00From: 2029-03-11Exp: 2029-03-11Common Stock (38,516 underlying)
Holdings
  • Common Stock

    (indirect: By 401(k))
    5,194
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.
Signature
/s/ Kathryn D. Ingraham, Attorney-in-fact for Paul P. Daniel|2026-03-12

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT