Dudek James 4

What Happened

• James Dudek, SVP, Corporate Controller and CAO of ACCO Brands (ACCO), received equity awards and had performance units converted into shares. The filing shows 21,917 shares from a PSU conversion/settlement on 2026-03-10 and a separate grant of 30,813 RSUs on 2026-03-11, for a total of 52,730 award-derived shares. To cover tax obligations, 7,585 shares were withheld (disposed) on 2026-03-10 at $3.63 per share, totaling $27,571. The derivative/award transactions list an exercise/conversion price of $0, consistent with PSU/RSU settlement rather than a cash purchase.

Key Details

• Transaction dates: 2026-03-10 (PSU conversion/settlement; tax withholding) and 2026-03-11 (RSU grant).
• Withheld for taxes: 7,585 shares @ $3.63 = $27,571 (code F — tax withholding).
• Awards/Conversions: 21,917 shares (PSU conversion/settlement) and 30,813 RSUs (granted).
• Shares owned after the transactions: not specified in the filing.
• Footnotes: F1 — PSUs were earned during a three-year performance period and are eligible for settlement upon completion of that period. F2 — RSUs vest (convert to shares) on March 11, 2029, subject to continued employment.
• Timeliness: Form 4 filed 2026-03-12 for transactions on 2026-03-10/11 — appears timely.

Context

• These transactions are award conversions and grants, not open-market purchases or sales. The 7,585-share disposition was a withholding to cover tax liabilities (common with PSU/RSU settlements) rather than an indication of selling for investment reasons. The RSUs granted will vest in 2029 if employment conditions are met.