McCormack Gregory J. 4
4 · ACCO BRANDS Corp · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
ACCO BRANDS SVP Gregory J. McCormack Receives Awards, Sells Shares
What Happened
- Gregory J. McCormack, SVP, Global Products & Operations of ACCO BRANDS Corp (ACCO), reported vesting/conversion and grant activity for equity awards and a small sale to cover tax withholding. The filing shows conversion/exercise and award entries totaling 105,395 derivative shares (reported at $0.00 per share) and a disposal of 11,728 common shares on 2026-03-10 at $3.63 each, generating $42,631 to satisfy tax obligations.
Key Details
- Transaction dates and types:
- 2026-03-10: Exercise/conversion of derivative (35,366 shares, $0.00) and a related grant/award entry (35,366 shares, $0.00). Also on 3/10, a disposal of 11,728 shares at $3.63 for $42,631 (code F — tax withholding/payment).
- 2026-03-11: Grant/award (70,029 shares, $0.00) reported as derivative awards.
- Reported monetary value: only the tax-withholding disposal shows proceeds of $42,631 (11,728 shares × $3.63).
- Shares owned after the transactions: not specified in this Form 4.
- Footnotes:
- F1: The PSUs were earned over a three‑year performance period and are eligible for settlement upon completion of that cycle.
- F2: The RSUs represent rights to receive one share each on March 11, 2029, subject to continued employment and plan terms.
- Timeliness: Form filed 2026-03-12 for transactions dated 2026-03-10 and 2026-03-11; this appears to be a timely Section 16 filing.
Context
- The $0.00 per-share entries reflect awards/conversions (PSUs/RSUs), not open-market purchases. The 11,728-share disposal is reported as tax withholding/payment (routine) rather than an opportunistic sale. For retail investors, award grants and PSU/RSU settlements are typically compensation-related events and do not by themselves signal a change in insider sentiment.
Insider Transaction Report
Form 4
ACCO BRANDS CorpACCO
McCormack Gregory J.
SVP, Global Products & Ops
Transactions
- Tax Payment
Common Stock
2026-03-10$3.63/sh−11,728$42,631→ 186,798 total - Exercise/Conversion
Common Stock
2026-03-10+35,366→ 198,526 total - Award
Performance Stock Units (2023-2025)
[F1]2026-03-10+35,366→ 35,366 totalExercise: $0.00→ Common Stock (35,366 underlying) - Exercise/Conversion
Performance Stock Units (2023-2025)
[F1]2026-03-10−35,366→ 0 totalExercise: $0.00→ Common Stock (35,366 underlying) - Award
Restricted Stock Units
[F2]2026-03-11+70,029→ 70,029 totalExercise: $0.00From: 2029-03-11Exp: 2029-03-11→ Common Stock (70,029 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 Gregory J. McCormack|2026-03-12