Andrew H. Rubenstein - 10 Mar 2025 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role: CEO and President, Director, 10%+ Owner
Signature: /s/ Derek Harmer, Attorney-in-Fact for Andrew Rubenstein
Issuer symbol: ACEL
Transactions as of: 10 Mar 2025
Net transactions value: -$297,752
Form type: 4
Filing time: 17 Mar 2025, 17:58:38 UTC
Previous filing: 06 Mar 2025
Next filing: 16 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACEL	Class A-1 Common Stock	Gift	$0	-860	-0.02%	$0.000000	4,036,913	17 Mar 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Options Exercise	$0	+6,957	+0.17%	$0.000000	4,043,870	14 Mar 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	$29,794	-3,034	-0.08%	$9.82	4,040,836	14 Mar 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Options Exercise	$0	+30,132	+0.75%	$0.000000	4,070,968	14 Mar 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	$129,015	-13,138	-0.32%	$9.82	4,057,830	14 Mar 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Options Exercise	$0	+26,835	+0.66%	$0.000000	4,084,665	15 Mar 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	$114,904	-11,701	-0.29%	$9.82	4,072,964	15 Mar 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Options Exercise	$0	+5,614	+0.14%	$0.000000	4,078,578	16 Mar 2025	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability	$24,039	-2,448	-0.06%	$9.82	4,076,130	16 Mar 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ACEL	Restricted Stock Unit (RSU)	Award	$0	+88,034		$0.000000	88,034	10 Mar 2025	Class A-1 Common Stock	88,034		Direct	F1, F2
transaction	ACEL	Restricted Stock Unit (RSU)	Options Exercise	$0	-6,957	-20%	$0.000000	27,831	14 Mar 2025	Class A-1 Common Stock	6,957		Direct	F1, F3
transaction	ACEL	Restricted Stock Unit (RSU)	Options Exercise	$0	-30,132	-50%	$0.000000	30,132	14 Mar 2025	Class A-1 Common Stock	30,132		Direct	F1, F2
transaction	ACEL	Restricted Stock Unit (RSU)	Options Exercise	$0	-26,835	-33%	$0.000000	53,670	15 Mar 2025	Class A-1 Common Stock	26,835		Direct	F1, F2
transaction	ACEL	Restricted Stock Units (RSU)	Options Exercise	$0	-5,614	-100%	$0.000000	0	16 Mar 2025	Class A-1 Common Stock	5,614		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.
F2	1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.
F3	1/4 of the RSUs will vest on March 14, 2023, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.
F4	1/4 of the RSUs will vest on March 16, 2022, and the remainder will vest as to 1/16 of the total award in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.