Form 4: Accel Entertainment CFO Mathew Ellis Reports Stock Transactions

Mathew Ellis, CFO of Accel Entertainment, reported the acquisition and disposal of Class A-1 Common Stock and Restricted Stock Units on July 28, 2024.

Summary

• On July 28, 2024, Mathew Ellis, the Chief Financial Officer of Accel Entertainment, engaged in transactions involving the company's Class A-1 Common Stock and Restricted Stock Units (RSUs).
• Ellis acquired 4,688 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 $10.9 per share.
• Following these transactions, Ellis directly owns 56,278 shares of Class A-1 Common Stock.
• Additionally, Ellis acquired 4,688 Restricted Stock Units (RSUs) which convert to Class A-1 Common Stock.
• After the transaction, Ellis directly owns 32,812 Restricted Stock Units (RSUs).

Sentiment

Score: 5

Explanation: This is a routine filing of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into the insider's actions.

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

• Shareholders can monitor insider transactions to gain insights into management's perspective on the company's stock.

Key Dates