DVORAK KATHLEEN S 4

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.