Form 4: Accel Entertainment CFO Mathew Ellis Reports Stock Transactions

Chief Financial Officer of Accel Entertainment, Mathew Ellis, reports acquisition and disposal of Class A-1 Common Stock and Restricted Stock Units.

Summary

• On October 28, 2024, Mathew Ellis, the CFO of Accel Entertainment, reported transactions involving the company's Class A-1 Common Stock and Restricted Stock Units (RSUs).
• Ellis acquired 4,687 shares of Class A-1 Common Stock at $0 per share.
• He also disposed of 1,374 shares of Class A-1 Common Stock at $11.36 per share.
• Following these transactions, Ellis directly owns 60,673 shares of Class A-1 Common Stock.
• Additionally, Ellis disposed of 4,687 Restricted Stock Units (RSUs) which converted into Class A-1 Common Stock.
• After the reported transactions, Ellis holds 28,125 derivative securities in the form of RSUs.
• The RSUs vest over time, with 1/4 vesting on April 28, 2024, and the remainder in equal quarterly installments, contingent upon continued service to Accel Entertainment.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their potential impact on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders as they reflect insider trading activity, but the amounts are relatively small and related to standard compensation practices.

Key Dates