Form 4: Accel Entertainment Executive Kozlik Reports Stock Transactions

Christen Kozlik, Chief Accounting Officer of Accel Entertainment, reports the acquisition and disposal of Class A-1 Common Stock and Restricted Stock Units on May 15, 2025.

Summary

• Christen Kozlik, the Chief Accounting Officer of Accel Entertainment, filed a Form 4 detailing changes in beneficial ownership.
• On May 15, 2025, Kozlik acquired 4,903 shares of Class A-1 Common Stock at $0 and disposed of 1,437 shares at $11.81.
• These transactions resulted in Kozlik owning 8,325 shares of Class A-1 Common Stock directly.
• Kozlik also disposed of 4,903 Restricted Stock Units (RSUs), leaving a balance of 9,805 RSUs.
• The RSUs vest in three equal installments on the anniversaries of the grant date, contingent upon continued service to the Issuer.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock transactions by an officer, which is a routine occurrence.

Future Outlook

The RSUs vest over the next three years, contingent on continued service, indicating a long-term incentive for the reporting person.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Form 4, Accel Entertainment, ACEL, Christen Kozlik, Chief Accounting Officer, Beneficial Ownership, Class A-1 Common Stock, Restricted Stock Units, RSU, SEC Filing