Form 4: Accel Entertainment CFO Mathew Ellis Reports Stock Transactions
SEC Form 4 Filing
Mathew Ellis, CFO of Accel Entertainment, reported the vesting and subsequent disposal of shares to cover tax obligations related to restricted stock units.
Summary
- On April 28, 2025, Mathew Ellis, the CFO of Accel Entertainment, reported transactions involving Class A-1 Common Stock and Restricted Stock Units (RSUs).
- 4,687 shares of Class A-1 Common Stock were acquired upon the vesting of RSUs.
- Simultaneously, 1,374 shares were disposed of to cover tax obligations at a price of $11.11 per share.
- Following these transactions, Ellis directly owns 84,438 shares of Class A-1 Common Stock.
- Ellis also holds 18,750 Restricted Stock Units.
- The RSUs vest over time, with a portion vesting on April 28, 2024, and the remainder in equal quarterly installments, contingent upon continued service to the Issuer.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Future Outlook
The remaining RSUs will continue to vest in equal quarterly installments, subject to the Reporting Person's continuing service to the Issuer.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 04/28/2024 | 1/4 of the RSUs will vest |
| 04/28/2025 | Date of transaction: vesting of RSUs and disposal of shares for tax obligations. |
| 04/30/2025 | Date of signature on the Form 4 filing. |
Keywords
Accel Entertainment, Mathew Ellis, CFO, Form 4, Stock Transaction, Restricted Stock Units, RSU, Class A-1 Common Stock, Beneficial Ownership, Vesting, Tax Obligations
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