Tedford Thomas W 4

4 · ACCO BRANDS Corp · Filed Mar 12, 2026

AI-generated summary of this filing

Updated Mar 12, 2026

ACCO CEO Thomas W. Tedford Receives Awards, Sells Shares for Taxes

What Happened

Thomas W. Tedford, President, CEO and Director of ACCO Brands (ACCO), had earned performance stock units (PSUs) settle and received a new RSU grant. On 2026-03-10, 219,916 earned PSUs were converted/settled (derivative exercise/conversion). To cover tax withholding, 64,437 shares were surrendered/disposed at $3.63 per share for approximately $234,228. On 2026-03-11 he was granted 644,258 restricted stock units (RSUs). These transactions are awards/settlements rather than open-market purchases or sales (other than the shares withheld for taxes).

Key Details

Dates and amounts:
- 2026-03-10: 219,916 PSUs exercised/converted (code M) — recorded as acquired/settled at $0.00 (derivative).
- 2026-03-10: 64,437 shares disposed to pay taxes (code F) at $3.63 each = $234,228.
- 2026-03-11: 644,258 RSUs granted (code A) at $0.00 (derivative award).
Shares owned after transaction: Not stated in the Form 4 filing.
Footnotes from the filing:
- F1: The 219,916 PSUs were earned under the company’s Incentive Plan after a three-year performance period and became eligible for settlement.
- F2: The 644,258 RSUs vest 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 — filing appears timely.

Context

The PSU activity reflects settlement of performance-based awards; the tax-related disposal (code F) is a routine withholding/cashless settlement to satisfy tax obligations and is not an open-market sale for cash beyond the withholding. The RSUs granted on 3/11/26 vest in 2029 if Mr. Tedford remains employed. These award and withholding actions are standard executive compensation mechanics and do not by themselves indicate a buy or sell opinion about the company.

Form 4

Period: 2026-03-10

DirectorPresident & CEO

Transactions

Exercise/Conversion
Common Stock
2026-03-10+219,916→ 709,243 total
Tax Payment
Common Stock
2026-03-10$3.63/sh−64,437$234,228→ 644,806 total
Award
Performance Stock Units (2023-2025)
[F1]
2026-03-10+219,916→ 219,916 total
Exercise: $0.00→ Common Stock (219,916 underlying)
Exercise/Conversion
Performance Stock Units (2023-2025)
[F1]
2026-03-10−219,916→ 0 total
Exercise: $0.00→ Common Stock (219,916 underlying)
Award
Restricted Stock Units
[F2]
2026-03-11+644,258→ 644,258 total
Exercise: $0.00From: 2029-03-11Exp: 2029-03-11→ Common Stock (644,258 underlying)

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 Thomas W. Tedford|2026-03-12

1 file