Form 4: Accenture Executive Jean-Marc Ollagnier Reports Acquisition of Restricted Share Units
SEC Form 4 Filing
Jean-Marc Ollagnier, CEO EMEA of Accenture plc, reported the acquisition of restricted share units (RSUs) due to dividend equivalents.
Summary
- On May 15, 2024, Jean-Marc Ollagnier, CEO EMEA of Accenture plc, reported a transaction involving derivative securities.
- Specifically, Mr. Ollagnier acquired 29 Restricted Share Units (RSUs) as dividend equivalents related to a previously granted time-based RSU award.
- These dividend equivalent RSUs are subject to the same settlement conditions as the underlying RSU award and will be settled in cash along with the underlying award.
- The RSUs vest on January 1, 2025.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation, indicating a neutral to slightly positive sentiment as it aligns with established company practices.
Future Outlook
The dividend equivalent RSUs will be settled in cash with the underlying RSU award on January 1, 2025.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's securities, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction has a minor positive impact on Mr. Ollagnier's holdings in Accenture.
- The transaction has no immediate impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of RSU acquisition. |
| 05/17/2024 | Date of Form 4 filing. |
| 01/01/2025 | RSU vesting date. |
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