Form 4: Accel Entertainment CEO Andrew Rubenstein Gifts 6,580 Shares of Class A-1 Common Stock

Accel Entertainment, Inc. CEO and President Andrew H. Rubenstein reported gifting 6,580 shares of Class A-1 Common Stock on May 23, 2025, reducing his direct beneficial ownership to 4,024,550 shares.

Summary

• Andrew H. Rubenstein, who serves as CEO, President, Director, and a 10% Owner of Accel Entertainment, Inc. (ACEL), reported a transaction on May 23, 2025.
• He disposed of 6,580 shares of Class A-1 Common Stock through a gift, indicated by transaction code 'G'.
• The shares were disposed of at a price of $0 per share, consistent with a gift.
• Following this transaction, Mr. Rubenstein directly beneficially owns 4,024,550 shares of Class A-1 Common Stock.

Sentiment

Score: 4

Explanation: The disposition of shares by a key insider, even as a gift, is generally viewed as a slight negative as it reduces direct ownership. However, the amount is relatively small compared to total holdings, preventing a lower score.

Negatives

• An insider, Andrew H. Rubenstein, disposed of 6,580 shares of Class A-1 Common Stock. While a gift, this still represents a reduction in his direct ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: A slight reduction in insider ownership, which might be viewed neutrally to slightly negatively depending on the perception of insider alignment.

Key Dates

Recommendation

Keywords

Accel Entertainment, ACEL, Andrew Rubenstein, Form 4, Insider Transaction, Stock Ownership, Class A-1 Common Stock, Gift of Shares