[144] Accel Entertainment, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Accel Entertainment, Inc. (ACEL): an insider proposes to sell 10,000 shares of common stock through Merrill Lynch, with an approximate sale date of 09/15/2025 and an aggregate market value reported at $110,000.00. The filer reports that the 10,000 shares were acquired on 07/15/2024 as Restricted Stock Units from the issuer and were paid for in cash. The filing lists 85,710,000 shares outstanding for the class. The notice also discloses two recent sales by the same person during the past three months: 5,000 shares sold on 06/16/2025 for $56,600.00 and 5,000 shares sold on 06/23/2025 for $57,300.00. The broker handling the proposed sale is identified as Merrill Lynch, 1033 Skokie Blvd Suite 500, Northbrook, IL 60062, and the planned venue is the NYSE.

Positive

• Acquisition and sale details fully disclosed, including acquisition date, nature (Restricted Stock Units), and payment method (cash).
• Broker and exchange identified (Merrill Lynch; NYSE), supporting transparent execution logistics.
• Recent sales during the past three months are reported with dates and gross proceeds, meeting Rule 144 reporting expectations.

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider plans to sell newly vested RSU shares; disclosed broker and past small recent sales.

The filing documents a proposed sale of 10,000 common shares acquired as restricted stock units on 07/15/2024. The notice names Merrill Lynch as the broker and sets an approximate sale date of 09/15/2025 with an aggregate market value of $110,000.00. Two prior disposals of 5,000 shares each in June 2025 are disclosed with gross proceeds of $56,600.00 and $57,300.00 respectively. From a securities compliance perspective, the form fulfills Rule 144 notification requirements by reporting acquisition details, prior sales in the three-month lookback period, and broker/exchange information. The disclosure allows investors to see timing and scale of insider liquidity events without additional context on motivation or broader insider ownership changes.

Corporate Governance Expert

TL;DR: Routine insider sale disclosure; procedural compliance appears intact.

The filer represents the shares were acquired from the issuer as restricted stock units and that payment was in cash, and signs the standard attestation regarding material nonpublic information. The form lists the number of shares outstanding for context. The inclusion of broker details and exact acquisition and sale dates supports clear recordkeeping and transparency. As presented, the filing reads as a standard Rule 144 notice to enable resale of shares subject to transfer restrictions, rather than an indication of governance change or extraordinary corporate event.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Merrill Lynch 1033 Skokie Blvd Suite 500 Northbrook IL 60062	10000	110000.00	85710000	09/15/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/15/2024	Restricted Stock Units	Issuer			10000	07/15/2024	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Derek Harmer 140 Tower Drive Burr Ridge IL 60527	Common	06/16/2025	5000	56600.00
Derek Harmer 140Tower Drive Burr Ridge IL 60527	Common	06/23/2025	5000	57300.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the ACEL Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 10,000 common shares through Merrill Lynch with an approximate sale date of 09/15/2025 and aggregate market value of $110,000.00.

How and when were the shares being sold acquired according to the filing?

The 10,000 shares were acquired on 07/15/2024 as Restricted Stock Units from the issuer, with payment noted as cash.

Were there any recent sales by the same person reported?

Yes. The filer sold 5,000 shares on 06/16/2025 for $56,600.00 and 5,000 shares on 06/23/2025 for $57,300.00.

How many shares outstanding does the filing list for ACEL common stock?

The form reports 85,710,000 shares outstanding for the class.

Which broker is named to handle the proposed sale?

The broker named is Merrill Lynch, address listed as 1033 Skokie Blvd Suite 500, Northbrook, IL 60062.