ACCO BRANDS Corp·4

Mar 17, 2:50 PM ET

Spijkervet Ard-Jen 4

Research Summary

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Updated

ACCO Brands SVP Ard-Jen Spijkervet Exercises RSUs; 8,312 Shares Withheld

What Happened

  • Ard-Jen Spijkervet, Senior VP and President International of ACCO Brands (ACCO), had 16,790 restricted stock units (RSUs) convert to common shares on March 14, 2026. The RSUs converted at $0 exercise price (code M), and 8,312 of the resulting shares were surrendered/withheld to cover tax withholding (code F) valued at $3.32 per share for a total of $27,596. The net result was issuance of 8,478 shares to the reporting person.
  • The filing shows the derivative (the RSU award) was converted/terminated in connection with the vesting; this transaction is an award/vesting event rather than an open-market purchase or sale.

Key Details

  • Transaction date: March 14, 2026; Form 4 filed March 17, 2026.
  • Primary actions: 16,790 RSUs converted to shares (M); 8,312 shares withheld for taxes at $3.32 each (F) — withholding value $27,596.
  • Net shares issued to insider: 8,478 (16,790 converted minus 8,312 withheld).
  • Footnote: RSUs were granted under the issuer’s Incentive Plan; each RSU represents the right to one share on March 14, 2026, subject to continued employment and plan acceleration terms.
  • Shares owned after transaction: not specified in the provided filing.
  • Timeliness: filing date provided; no late filing flag indicated in the information shown.

Context

  • This was a standard RSU vesting/cashless-withholding transaction — the RSUs converted to shares and a portion of those shares were surrendered to satisfy tax obligations. Such withholding transactions are routine and reflect tax payment, not an open-market sale intended to realize gains.