Lombardi Ronald M. 4
4 · ACCO BRANDS Corp · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
ACCO BRANDS (ACCO) Director Ronald Lombardi Receives RSU Award
What Happened
Ronald M. Lombardi, a director of ACCO BRANDS Corp (ACCO), was granted 3,787.1 restricted stock units (RSUs) on 2026-03-26. The filing reports the grant at $0.00 per share (total reported value $0) because these RSUs were issued as dividend equivalents and are recorded as derivative awards rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-26; Form 4 filed 2026-03-27 (filed the next business day). Transaction code: A (award/grant).
- Amount: 3,787.1 RSUs; reported price $0.00; total reported value $0.
- Shares owned after the transaction: not specified in the supplied filing details.
- Footnotes:
- F1: These RSUs represent dividend equivalents credited to the reporting person's earned and outstanding RSU awards.
- F2: RSUs are granted under the issuer’s Incentive Plan; they either vest immediately or on the one-year anniversary, but in either case have been deferred under the Issuer's Deferred Compensation Plan for Non-Employee Directors. Each RSU equals the right to one share upon death, disability, or cessation of board service.
- Timeliness: Filing appears timely (filed one day after the reported transaction).
Context
This was an award (compensation/dividend-equivalent credit), not a market buy or sale. Derivative RSU awards are commonly used for director compensation and are deferred here, meaning Lombardi does not receive shares immediately but has a right to shares under specified conditions; such grants are compensation-related and not a direct signal of buying or selling intent.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-26+3,787.1→ 153,252.23 totalExercise: $0.00→ Common Stock (3,787.1 underlying)
Footnotes (2)
- [F1]Represents Restricted Stock Units (RSUs) acquired pursuant to the dividend equivalent provisions of the Reporting Person's earned and outstanding RSU awards.
- [F2]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.