Form 4: ACCO Brands CEO Thomas Tedford Reports Stock Transactions
SEC Form 4 Filing
Thomas Tedford, President & CEO of ACCO Brands Corp, reports the disposition of common stock and restricted stock units on March 2, 2025.
Summary
- On March 2, 2025, Thomas Tedford, the President & CEO of ACCO Brands Corp, reported transactions involving the company's stock.
- He disposed of 12,171 shares of common stock at a price of $4.625 per share.
- He also acquired 41,537 shares of common stock upon the vesting of restricted stock units (RSUs).
- Following these transactions, Mr. Tedford directly owns 477,102 shares of ACCO Brands Corp.
- The transactions involved the vesting of Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan, each representing the right to receive one share of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
The RSUs represent the right to receive one share of the Issuer's common stock on March 2, 2025, provided the Reporting Person remains employed by the Issuer at that time, subject to acceleration as provided in said Plan.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/02/2025 | Date of stock transactions (disposal of shares and vesting of RSUs). |
| 03/02/2025 | Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan vested. |
| 03/04/2025 | Date of signature by Attorney-in-fact for Thomas W. Tedford. |
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