Form 4: ACCO Brands Executive Chairman Boris Elisman Reports Stock Transactions

Boris Elisman, Executive Chairman of ACCO Brands, reports the acquisition and disposal of common stock and performance stock units.

Summary

• On March 12, 2024, Boris Elisman, the Executive Chairman of ACCO Brands, reported transactions involving ACCO Brands Corp [ACCO] common stock and performance stock units.
• Elisman acquired 320,318 shares of common stock through the vesting of performance stock units (PSUs) at a price of $0.
• He also disposed of 94,192 shares of common stock at a price of $5.36.
• Following these transactions, Elisman directly owns 1,650,901 shares of ACCO Brands common stock.
• Additionally, he indirectly owns 8,466 shares held in a 401(k) plan.
• He also reports owning 320,318 performance stock units.
• The performance stock units (PSUs) were granted under the Issuer's Incentive Plan and earned during a one-year performance period.
• The PSUs become eligible for settlement into shares of common stock upon completion of the final performance period in the three-year cycle, subject to continued employment.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing detailing stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company executives and directors.

Stakeholder Impact

• The transactions may influence investor perception of the company, but the impact is likely to be minimal as it is a routine filing.

Key Dates