4/A: ACCO Brands Executive VP Patrick Buchenroth Amends SEC Filing to Correct Tax Withholding

Sentiment:

SEC Filing


Patrick Buchenroth, Executive VP and President of ACCO Brands International, amended a previous SEC Form 4 filing to correct the number of shares withheld for tax purposes after a transaction on March 3, 2024.

Summary

  • This is an amended SEC Form 4 filing by Patrick Buchenroth, Executive VP and President of ACCO Brands International.
  • The amendment corrects the number of shares withheld for tax purposes related to a transaction that occurred on March 3, 2024.
  • The original filing date was March 5, 2024.
  • On March 3, 2024, 5,448 shares of common stock were disposed of to cover tax obligations at a price of $5.545 per share.
  • Following the transaction, Buchenroth directly owns 176,389 shares of ACCO Brands Corp.
  • The filing was signed by Pamela R. Schneider, Attorney-in-fact for Patrick Buchenroth, on March 7, 2024.

Sentiment

Score: 7

Explanation: The document is a neutral, factual disclosure of a transaction. The amendment suggests attention to detail and compliance, which is moderately positive.

Industry Context

This is a routine SEC filing related to changes in beneficial ownership by a company executive, which is common practice and provides transparency to investors.

Stakeholder Impact

  • The correction of the tax withholding information ensures accurate reporting to shareholders.

Key Dates

DateDescription
03/03/2024Date of the transaction where shares were disposed of for tax purposes.
03/05/2024Date of original filing.
03/07/2024Date of the amended filing.

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