Mark T. Phelan - 14 Mar 2026 Form 4 Insider Report for Accel Entertainment, Inc. (ACEL)

Role: COO, President, U.S. Gaming
Signature: /s/Derek Harmer, Attorney-in-Fact for Mark T. Phelan
Issuer symbol: ACEL
Transactions as of: 14 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 16 Mar 2026, 19:17:18 UTC
Previous filing: 12 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Phelan Mark T.	COO, President, U.S. Gaming	C/O ACCEL ENTERTAINMENT, INC., 140 TOWER DRIVE, BURR RIDGE	/s/Derek Harmer, Attorney-in-Fact for Mark T. Phelan	16 Mar 2026	0001794567

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACEL	Class A-1 Common Stock	Options Exercise		+1,784	+0.79%	$0.000000^*	227,466	14 Mar 2026	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability		-523	-0.23%	$11.29^*	226,943	14 Mar 2026	Direct
transaction	ACEL	Class A-1 Common Stock	Options Exercise		+10,546	+4.6%	$0.000000^*	237,489	14 Mar 2026	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability		-3,090	-1.3%	$11.29^*	234,399	14 Mar 2026	Direct
transaction	ACEL	Class A-1 Common Stock	Options Exercise		+35,710	+15%	$0.000000^*	270,109	14 Mar 2026	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability		-10,464	-3.9%	$11.29^*	259,645	14 Mar 2026	Direct
transaction	ACEL	Class A-1 Common Stock	Options Exercise		+9,646	+3.7%	$0.000000^*	269,291	15 Mar 2026	Direct
transaction	ACEL	Class A-1 Common Stock	Tax liability		-2,827	-1%	$11.29^*	266,464	15 Mar 2026	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)	Options Exercise		-35,710	-100%	$0.000000^*	0	14 Mar 2026	Class A-1 Common Stock	35,710		Direct	F1, F2
transaction	ACEL	Restricted Stock Unit (RSU)	Options Exercise		-1,784	-100%	$0.000000^*	0	14 Mar 2026	Class A-1 Common Stock	1,784		Direct	F3, F4
transaction	ACEL	Restricted Stock Unit (RSU)	Options Exercise		-10,546	-100%	$0.000000^*	0	14 Mar 2026	Class A-1 Common Stock	10,546		Direct	F3, F5
transaction	ACEL	Restricted Stock Unit (RSU)	Options Exercise		-9,646	-50%	$0.000000^*	9,646	15 Mar 2026	Class A-1 Common Stock	9,646		Direct	F3, F5

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

Explanation of Responses:

Id	Content
F1	The reported securities represent restricted stock units (RSUs) issued upon certification by the Compensation Committee of performance results for the Company's three-year performance stock unit (PSU) award covering the performance period ended December 31, 2025.
F2	100% of the RSUs will vest on March 14, 2026, subject to the Reporting Person's continued service to the Issuer on the vesting date.
F3	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.
F4	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.
F5	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.