Form 4: Accel Entertainment Executive Derek Harmer Reports Stock Transactions

Sentiment:

SEC Form 4


Derek Harmer, Secretary of Accel Entertainment, reports acquisition and disposal of Class A-1 Common Stock and Restricted Stock Units.

Summary

  • On March 17, 2025, Derek Harmer, Secretary of Accel Entertainment, filed a Form 4 detailing changes in beneficial ownership.
  • The report includes transactions involving Class A-1 Common Stock and Restricted Stock Units (RSUs).
  • Harmer acquired and disposed of shares through the vesting of RSUs.
  • These transactions occurred between March 10, 2025, and March 16, 2025.
  • The price of Class A-1 Common Stock was reported as $9.82 for certain transactions.
  • Following the reported transactions, Harmer directly owns 221,575 shares of Class A-1 Common Stock.
  • Harmer also owns 0 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership of shares.
  • Employees holding RSUs are impacted as their RSUs vest over time.

Key Dates

DateDescription
03/10/2025Date of earliest transaction reported for derivative securities (RSUs).
03/14/2025Transactions involving Class A-1 Common Stock and RSUs.
03/15/2025Transactions involving Class A-1 Common Stock and RSUs.
03/16/2025Transactions involving Class A-1 Common Stock and RSUs.
03/17/2025Date of Form 4 filing.

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