Welcome to our dedicated page for Accel Entertainment SEC filings (Ticker: ACEL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Wondering how many video gaming terminals Accel Entertainment operates this quarter, or how recent tax changes in Illinois affect net terminal revenue? Investors often start with the Accel Entertainment quarterly earnings report 10-Q filing, but locating segment data, location counts and regulatory footnotes inside 200+ pages can be challenging.
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Accel Entertainment (ACEL) reported higher Q3 2025 results. Total net revenues were $329.7 million, up from $302.2 million a year ago, led by net gaming revenue of $308.5 million and a sharp increase in ATM fees and other revenue to $14.6 million. Operating income rose to $25.4 million. Net income improved to $13.3 million ($0.16 diluted EPS) from $4.9 million ($0.06) despite a $1.1 million loss on debt extinguishment.
Illinois remained the largest market with $239.0 million of revenue, followed by Montana at $40.5 million and Nevada at $26.2 million. For the first nine months, revenue reached $989.5 million with net income of $35.2 million, and operating cash flow was $119.8 million.
The company refinanced its capital structure on September 10, 2025, entering a new Credit Agreement with a $600.0 million term loan and a $300.0 million revolving facility maturing in 2030; the weighted‑average borrowing rate was about 6.5%. Cash was $290.2 million and total borrowings were $600.0 million at quarter‑end. Accel repurchased 2.2 million shares for $23.7 million year‑to‑date. Shares outstanding were 83,207,946 as of October 31, 2025.
Accel Entertainment (ACEL) furnished an 8‑K announcing it issued a press release with financial and operating results for the three months ended September 30, 2025. The materials are attached as Exhibits 99.1 (press release) and 99.2 (Third Quarter 2025 earnings presentation) under Item 2.02.
The information is furnished, not deemed filed under Section 18 of the Exchange Act. The company also notes it discloses material information via SEC filings, press releases, public conference calls, and its investor relations website.
Brett Andrew Summerer, Chief Financial Officer of Accel Entertainment, Inc. (ACEL), was granted 40,000 restricted stock units (RSUs) on 09/22/2025. Each RSU represents a contingent right to receive one share of the company’s Class A-1 Common Stock upon settlement for no consideration. The RSUs vest in two equal tranches: 20,000 RSUs vest on September 22, 2027, and 20,000 RSUs vest on September 22, 2028, subject to Mr. Summerer’s continued service. Following the grant, Mr. Summerer beneficially owns 40,000 shares (direct). The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/24/2025.
Accel Entertainment, Inc. (ACEL) reporting person Brett Andrew Summerer filed an Initial Form 3 disclosing his role as Chief Financial Officer and a director. The event date is 09/22/2025. The filing states no securities are beneficially owned by the reporting person. The form was executed via attorney-in-fact on 09/24/2025.
Accel Entertainment, Inc. appointed Brett Summerer as Chief Financial Officer effective September 22, 2025. His annual base salary is $460,000, with a discretionary annual bonus target of 65% of base (pro-rated first year) and eligibility for a discretionary equity award in 2026 with a target grant-date value equal to 115% of base (pro-rated first year). He was granted 40,000 restricted stock units, half vesting on the second anniversary and the remainder on the third anniversary, subject to continued employment. For a Covered Termination he is entitled to a severance payment equal to salary plus earned but unpaid prior-year bonus and target bonus for the year of termination, plus 12 months of COBRA. If termination occurs within 12 months after a Change in Control, bonus is prorated and time-based equity vests; performance award treatment is governed by award agreements. The agreement includes one-year post-termination non-compete and non-solicitation covenants. The filing states there are no related-party arrangements or material interests to disclose.
Andrew Rubenstein, CEO and President of Accel Entertainment, Inc. (ACEL), reported multiple transactions in the issuer's Class A-1 Common Stock on September 14 and September 16, 2025. The filing shows acquisition of 6,958 restricted stock units (RSUs) that convert 1-for-1 to Class A-1 shares on settlement, and three separate dispositions: 3,034 shares sold at $11.13, 3,250 shares disposed of for $0 on 09/16/2025, and a related reduction in beneficial ownership reflected after each trade. Following these transactions the reporting person beneficially owned 3,943,098 Class A-1 shares. The RSUs vest per the stated schedule and represent contingent rights to receive shares.
Mark T. Phelan, President, U.S. Gaming of Accel Entertainment, Inc. (ACEL), reported transactions affecting both non-derivative and derivative holdings on 09/14/2025. The filing shows an acquisition of 1,784 restricted stock units (RSUs) recorded at $0, bringing the reporter's total direct beneficial ownership of Class A-1 common stock to 217,560 shares after the RSU grant. The filing also discloses a separate disposition of 523 shares of Class A-1 common stock at $11.13, leaving 217,037 shares beneficially owned. The RSUs represent contingent rights to receive one share each upon settlement and the document includes a vesting schedule: one-quarter vested on March 14, 2023, with the remainder vesting in 1/16 installments quarterly thereafter, subject to continued service. The form is signed by an attorney-in-fact on 09/16/2025.
Derek Harmer, an officer of Accel Entertainment, Inc. (ACEL), reported transactions on 09/14/2025 involving the company’s Class A-1 Common Stock. The filing shows 1,846 restricted stock units (RSUs) were settled as shares at no cost to the reporting person, and 541 shares were sold at a price of $11.13 each. Following the reported transactions the filing lists beneficial ownership figures of 214,153 shares and 213,612 shares in separate lines associated with the transactions. The RSUs represent contingent rights to receive one share each, with vesting terms described in the filing.
David W. Ruttenberg, a director of Accel Entertainment, Inc. (ACEL), reported two sales of Class A-1 common stock on 09/15/2025 executed under a Rule 10b5-1 trading plan adopted on December 15, 2023. Each reported sale line shows 12,500 shares sold at weighted-average prices of approximately $11.1064, with reported price ranges of $11.00–$11.21 and $11.01–$11.205. Following the transactions, Ruttenberg’s indirect beneficial ownership is reported as 248,135 shares for securities held in the Crilly Court Trust and 388,026 shares for securities held by Grant Place Fund LLC. The filing was signed by an attorney-in-fact on 09/16/2025. The report states the sales were pursuant to the 10b5-1 plan and disclaims beneficial ownership by the trust and LLC except to the extent of pecuniary interest.
Christen Kozlik, Accel Entertainment, Inc. Chief Accounting Officer and director, reported transactions dated 09/15/2025. The filing shows 1,875 RSUs granted (each RSU converts to one Class A-1 share on settlement for no consideration) and recorded as a transaction creating an additional 1,875 underlying shares. The filing also reports a disposition of 550 Class A-1 shares at $11.17 per share. After these transactions the reporting person's holdings are shown in the form as 7,734 shares (following the RSU acquisition) and 9,375 shares of Class A-1 common stock when counting derivative RSUs. The RSU grant vests: one-quarter on December 15, 2024 and the remainder in eight equal quarterly installments thereafter, subject to continued service. The form is signed by an attorney-in-fact on 09/16/2025.