DVORAK KATHLEEN S 4
4 · ACCO BRANDS Corp · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
ACCO BRANDS Director Kathleen S. Dvorak Receives RSU Award
What Happened
Kathleen S. Dvorak, a director of ACCO BRANDS Corp (ACCO), was granted 6,820.6 restricted stock units (RSUs) on 2026-03-26. The Form 4 reports the award as a derivative grant (code A) at $0.00 per unit (total reported value $0) — these RSUs were granted pursuant to dividend-equivalent provisions and the issuer’s director compensation plans.
Key Details
- Transaction date: 2026-03-26; Form 4 filed 2026-03-27 (timely filing).
- Quantity: 6,820.6 RSUs; reported price per unit $0.00 (derivative award).
- Shares owned after transaction: not disclosed in the provided filing details.
- Footnotes: F1 = RSUs reflect dividend equivalent accruals on earned RSU awards. F2 = RSUs granted under the Incentive Plan; they either vest immediately or on the one-year anniversary but are deferred under the Deferred Compensation Plan for Non-Employee Directors. Each RSU converts to one share upon the earlier of death/disability or cessation of board service.
- Transaction code: A (award/grant of a derivative security).
Context
RSUs are a form of equity compensation, not an open-market purchase or sale. These particular RSUs are deferred and generally do not represent immediately tradable shares; payout or issuance of common stock occurs upon specified events (e.g., end of service). Director RSU awards and dividend-equivalent accruals are routine components of non-employee director compensation and should be viewed as compensation rather than a direct bullish or bearish trading signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-26+6,820.6→ 276,005.73 totalExercise: $0.00→ Common Stock (6,820.6 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.