Form 4: Accel Entertainment CFO Mathew Ellis Reports Stock Transactions
SEC Form 4 Filing
Chief Financial Officer Mathew Ellis of Accel Entertainment, Inc. reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On January 28, 2025, Mathew Ellis, CFO of Accel Entertainment, Inc., reported transactions involving Class A-1 Common Stock.
- These transactions included the vesting of 4,688 Restricted Stock Units (RSUs) and the subsequent withholding of 1,551 shares for tax purposes at a price of $11.37.
- Following these transactions, Ellis directly owns 71,433 shares of Class A-1 Common Stock and 23,437 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, and carries a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates normal compensation and tax-related stock activity for a company executive.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of stock transactions (RSU vesting and tax withholding). |
| 01/29/2025 | Date of signature on the Form 4 filing. |
| April 28, 2024 | Initial vesting date for 1/4 of the RSUs. |
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