Form 4: ACCO Director Rajkowski Granted 4,966 RSUs

ACCO Brands Director E. Mark Rajkowski was granted 4,966.1 Restricted Stock Units, deferred under the company's compensation plan.

Summary

• E. Mark Rajkowski, a Director at ACCO Brands Corp (ACCO), was granted 4,966.1 Restricted Stock Units (RSUs).
• The transaction date for this grant was December 10, 2025.
• These RSUs were granted under the Issuer's Incentive Plan and have been deferred under the Issuer's Deferred Compensation Plan for Non-Employee Directors.
• Each RSU represents the right to receive one share of ACCO's common stock.
• The RSUs are either immediately vested or vest on the one-year anniversary of the grant date.
• Shares will be delivered upon the earlier of the reporting person's death or disability, or cessation of service as a member of the Board of Directors.
• Following this transaction, E. Mark Rajkowski beneficially owns 250,620.3 derivative securities (RSUs).

Sentiment

Score: 6

Explanation: Slightly positive, as it represents routine director compensation and aligns interests, without indicating any negative operational or financial news.

Positives

• The grant of Restricted Stock Units aligns the director's financial interests with those of the shareholders, promoting long-term value creation.
• Equity compensation for non-employee directors is a standard corporate governance practice, indicating a structured approach to executive and board incentives.

Future Outlook

The granted Restricted Stock Units are structured to vest immediately or on the one-year anniversary of the grant date, with the underlying common stock to be delivered upon the earlier of the reporting person's death or disability, or cessation of service as a Board member, indicating a long-term incentive structure.

Industry Context

The grant of Restricted Stock Units to a non-employee director is a common practice across various industries, particularly in publicly traded companies, to attract and retain qualified board members and align their interests with long-term shareholder value.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a form of equity compensation for non-employee directors is a widely adopted practice, comparable to compensation structures seen in companies like 3M (MMM) or Kimberly-Clark (KMB) for their board members.
• Deferral of RSU payouts until cessation of service or specific life events is also a common feature in director compensation plans, aligning with best practices for long-term retention and governance, similar to policies at companies such as Johnson & Johnson (JNJ) or Procter & Gamble (PG).

Corporate Governance

Related Party Transactions

• The grant of Restricted Stock Units to E. Mark Rajkowski, a Director of ACCO Brands Corp, constitutes a related party transaction as it involves compensation from the company to a member of its board.

Stakeholder Impact

• Shareholders: Minor potential for dilution from the issuance of shares upon RSU settlement, but also benefits from increased alignment of director's interests with long-term company performance.
• Director (E. Mark Rajkowski): Receives equity compensation, which forms a significant part of their overall remuneration package and incentivizes long-term commitment.

Next Steps

• The Restricted Stock Units will vest either immediately or on the one-year anniversary of the grant date (December 10, 2025).
• The underlying common stock will be delivered to the reporting person upon the earlier of their death, disability, or cessation of service as a member of the Board of Directors.

Key Dates

Keywords

ACCO Brands, ACCO, Restricted Stock Units, RSU Grant, Director Compensation, Insider Transaction, Equity Compensation, Deferred Compensation, Form 4