Form 4: Accel Entertainment CEO Andrew Rubenstein Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Andrew Rubenstein, CEO and President of Accel Entertainment, reports transactions involving Class A-1 Common Stock and Restricted Stock Units.
Summary
- On March 17, 2025, Andrew Rubenstein, CEO and President of Accel Entertainment, filed a Form 4 with the SEC detailing changes in his beneficial ownership of the company's securities.
- The reported transactions include the disposition of 860 Class A-1 Common Stock shares.
- Rubenstein also acquired and disposed of shares through the exercise of Restricted Stock Units (RSUs).
- These transactions occurred between March 14, 2025, and March 16, 2025.
- Following these transactions, Rubenstein directly owns 4,076,130 shares of Class A-1 Common Stock and 0 derivative securities.
- The RSUs vest over time, contingent upon Rubenstein's continued service to the Issuer.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications.
Future Outlook
The RSUs vest over time, contingent upon Rubenstein's continued service to the Issuer.
Industry Context
This filing is a routine disclosure related to insider trading and stock ownership, and is a normal part of regulatory compliance for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| March 14, 2023 | 1/4 of certain RSUs will vest |
| March 16, 2022 | 1/4 of certain RSUs will vest |
| March 10, 2025 | Date of RSU grant |
| March 14, 2025 | Transactions involving Class A-1 Common Stock and RSUs |
| March 15, 2025 | Transactions involving Class A-1 Common Stock and RSUs |
| March 16, 2025 | Transactions involving Class A-1 Common Stock and RSUs |
| March 17, 2025 | Date of Form 4 filing |
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