Form 4: Accel Entertainment Director Godsoe Receives Stock Units

Director Eden Godsoe received restricted stock units in Accel Entertainment, Inc. on March 15, 2024, which will vest on December 31, 2024, subject to continued service.

Summary

• On March 15, 2024, Eden Godsoe, a director of Accel Entertainment, Inc., was granted 12,184 restricted stock units (RSUs).
• These RSUs will vest on December 31, 2024, contingent upon Godsoe's continued service to the company.
• Godsoe also received 9,429 RSUs as a result of electing to defer receipt of his annual cash retainer and chair and/or committee member fees.
• These additional RSUs will also vest on December 31, 2024, subject to continued service.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The granting of RSUs is a common practice and aligns the director's interests with shareholders. The director's decision to defer cash compensation into RSUs is a positive sign.

Positives

• The granting of RSUs to a director aligns their interests with those of the shareholders, incentivizing them to work towards the company's long-term success.
• Deferring cash compensation for RSUs demonstrates a commitment to the company's future.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of equity compensation for a company director, which is a common practice in publicly traded companies to align management's interests with shareholders'.

Stakeholder Impact

• Shareholders may view the granting of RSUs positively as it aligns the director's interests with the company's long-term performance.

Key Dates