4Filed Sep 9, 8:00 PM ET
ACCO Brands Director Pradeep Jotwani Receives 4,961.4 RSU Award
$ACCO · ACCO BRANDS CorpResearch Summary
AI-generated summary of this SEC filing
ACCO Brands Director Pradeep Jotwani Receives 4,961.4 RSU Award
What Happened
Pradeep Jotwani, a director of ACCO Brands Corp. (ACCO), was granted 4,961.4 restricted stock units (RSUs) on September 9, 2026. The filing records the award as a derivative acquisition at $0.00 per unit (award/grant), i.e., 4,961.4 RSUs were granted and deferred under the company's plans rather than resulting in an immediate cash or stock transfer.
Key Details
- Transaction date: 2026-09-09 (Filed with SEC: 2026-09-10; Accession 0000712034-26-000081)
- Transaction type/code: A — Award/Grant (derivative RSUs) reported as acquired at $0.00
- Shares/units granted: 4,961.4 RSUs (each RSU represents the right to one share upon payout)
- Reported value in filing: $0.00 (grant reported as derivative award; no immediate cash amount shown)
- Shares owned after transaction: Not specified in the filing
- Footnote: RSUs were granted under the issuer’s Incentive Plan and deferred under the Deferred Compensation Plan for Non-Employee Directors. RSUs either vest immediately or on the one-year anniversary, but payout to stock occurs only on death/disability or cessation of board service (see footnote F1).
- Filing timeliness: Filed the next day (appears timely; no late filing flagged)
Context
This was an equity award (RSUs) to a non-employee director, not an open-market purchase or sale. Deferred RSU grants are common for director compensation and do not necessarily indicate a buy/sell signal for investors; they represent a future right to receive shares subject to the plan’s payout conditions.