Form 4: Accel Entertainment Director Karl Peterson Reports Changes in Beneficial Ownership

Director Karl Peterson reports a disposition of 76,000 shares of Accel Entertainment, Inc. Class A-1 Common Stock and a transfer of shares due to a domestic relations order.

Summary

• On March 17, 2025, Karl Peterson, a director of Accel Entertainment, Inc., reported a transaction involving Class A-1 Common Stock.
• Mr. Peterson disposed of 76,000 shares at a price of $0.
• Following the transaction, Mr. Peterson directly owns 559,110 shares and indirectly owns 868,421 shares.
• The indirect ownership is held through personal vehicles.
• Additionally, 935,407 shares previously owned indirectly by Mr. Peterson were transferred to his ex-spouse on March 4, 2025, pursuant to a domestic relations order.
• 559,110 shares previously owned indirectly by the Reporting Person were transferred to the Reporting Person's personal brokerage account on March 3, 2025 and are now owned directly.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key individuals within the company.

Stakeholder Impact

• The change in ownership may be of interest to shareholders, as it provides insight into the actions of a company director.
• The transfer of shares to an ex-spouse is unlikely to have a direct impact on the company's operations or financial performance.

Key Dates

Keywords

beneficial ownership, Form 4, Accel Entertainment, ACEL, director, Karl Peterson, stock transaction, domestic relations order, share transfer