Keller Robert J 4

What Happened

• Robert J. Keller, a director of ACCO BRANDS Corp (ACCO), was granted 32,809 restricted stock units (RSUs) on 2026-05-19. The Form 4 shows an acquisition-type derivative award reported at $0.00 per unit (RSUs are not bought for cash at grant).

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-20 (timely).
• Award: 32,809 RSUs; reported price per unit: $0.00 (derivative grant).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote (summary): RSUs were granted under the company’s Incentive Plan and have been deferred under the Deferred Compensation Plan for Non-Employee Directors. RSUs either vest immediately or on the one-year anniversary and represent the right to receive one share upon the earlier of the reporting person’s death/disability or cessation of board service.

Context

• This is a compensatory RSU grant (common for non-employee directors) rather than an open-market purchase or sale. Because the RSUs are deferred and convert to shares only on specified events, the award does not immediately change the director’s common-stock holdings and should be viewed as routine director compensation rather than an unequivocal market signal.