Peters John 4

What Happened
John Peters, Senior Vice President of ACCO Brands (ACCO), had equity activity around vested performance units and new restricted stock unit awards. On March 10, 2026, 13,286 derivative units were converted/exercised into shares; as part of settlement/tax handling, 4,495 shares were disposed (sold/withheld) at $3.63 each for $16,339 to cover tax obligations. On March 11, 2026, Peters received a grant of 91,037 restricted stock units (RSUs) (no cash exchanged).

Key Details

• Transaction dates and prices:
  • 2026-03-10: Conversion/exercise of 13,286 derivative units (M) into shares (acquired then disposed in paperwork).
  • 2026-03-10: Tax/withholding sale (F) of 4,495 shares at $3.63 each = $16,339.
  • 2026-03-11: Grant (A) of 91,037 RSUs (no cash value reported).
• Shares owned after the transactions: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: The 13,286 units relate to performance stock units (PSUs) earned over a three‑year performance cycle and eligible for settlement into common stock upon completion of that cycle.
  • F2: The 91,037 items are RSUs that each convert to one share on March 11, 2029, subject to continued employment and plan terms.
• Timeliness: Form 4 filed 2026-03-12 for transactions on 2026-03-10 and 2026-03-11 (appears timely).

Context

• These entries are mostly awards/settlements (A and M codes) rather than open‑market purchases. The sale of 4,495 shares was to satisfy tax withholding or similar obligations (code F), a common administrative step when equity awards vest.
• For retail investors: awards and vested PSUs show executive compensation alignment but are not the same as a cash purchase signaling direct bullish buying. Sales for tax withholding are routine and don’t necessarily indicate a change in insider sentiment.