Jotwani Pradeep 4

What Happened

• Pradeep Jotwani, a member of ACCO BRANDS' board of directors, was awarded 6,118.6 restricted stock units (RSUs) on 2026-03-26. The filing reports the acquisition as a derivative award at $0.00 (no cash paid at grant).
• These RSUs were issued as dividend equivalents on previously earned RSU awards and are covered by the issuer's Incentive Plan and the Deferred Compensation Plan for Non-Employee Directors. Each RSU represents the right to receive one share of ACCO common stock upon certain triggering events (e.g., death, disability, or cessation of board service).

Key Details

• Transaction date: 2026-03-26; Form 4 filed 2026-03-27 (filed the next day, appears timely).
• Amount: 6,118.6 RSUs; reported price: $0.00 (derivative award, not an open‑market purchase).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 = these RSUs were issued as dividend equivalents on earned/outstanding RSUs; F2 = RSUs are granted under the Incentive Plan and are either immediately vested or vest after one year, but in all cases are deferred under the Deferred Compensation Plan for non-employee directors and convert to one share upon the listed trigger events.
• No indication of a sale, purchase of shares in the open market, option exercise, or tax withholding sale in this transaction.

Context

• This is an equity award (derivative grant), not a cash purchase or sale; awards to directors are often part of routine compensation and do not by themselves indicate a buy/sell signal.
• Because the RSUs are deferred and convert to shares only upon specified events, the economic exposure is different from an immediate stock purchase.