Jones Angela Y 4
Research Summary
AI-generated summary
ACCO Brands SVP Angela Jones Receives RSUs; 10,257 Shares Withheld
What Happened
- Angela Y. Jones, SVP & Global Chief People Officer at ACCO Brands (ACCO), had 38,056 restricted stock units (RSUs) convert into common shares on March 14, 2026 (reported as derivative exercise/conversion, code M). The RSUs converted at $0.00 exercise price per the Form 4.
- To satisfy tax withholding (code F), 10,257 of those shares were withheld and disposed of at an indicated value of $3.32 per share, totaling $34,053. Net shares delivered to the insider = 38,056 − 10,257 = 27,799 shares.
- This is a routine equity award vesting and tax-withholding event, not an open-market buy or sale intended as an investment signal.
Key Details
- Transaction date: 2026-03-14; Form 4 filed: 2026-03-17.
- Codes: M = exercise/conversion of derivative (RSU vesting); F = shares withheld for tax liability.
- Shares acquired (from RSU conversion): 38,056 (acquisition price reported $0.00). Shares withheld/ disposed for taxes: 10,257 @ $3.32 = $34,053.
- Net shares received by insider: 27,799.
- Footnote: These were RSUs granted under the issuer’s incentive plan; each RSU converts to one share on March 14, 2026 if employment conditions are met.
- Filing timeliness: filing shows transaction date and filing date; the Form 4 does not indicate a late filing flag.
Context
- This was a vesting of RSUs with a common “sell-to-cover” / tax withholding action — a routine administrative transaction. The M code reflects conversion/exercise of the RSU derivative; F reflects withholding to cover tax obligations.
- Such award conversions and tax withholdings are standard and do not by themselves indicate the insider’s view of the company’s stock.