Accel Entertainment (ACEL) insider plans 45,000-share sale via J.P. Morgan on NYSE
Rhea-AI Filing Summary
Accel Entertainment (ACEL) filed a notice of proposed insider share sales. The filing covers the potential sale of 45,000 shares of common stock through J.P. Morgan Securities LLC on the NYSE, with an aggregate market value of $459,900 based on the price used in the notice. The issuer had 53,207,946 shares of common stock outstanding, and the approximate sale date noted is December 1, 2025.
The seller originally acquired the 45,000 shares on December 18, 2009 in a pre-IPO purchase that later converted to common shares at the company’s IPO in 2019, and the acquisition was paid for in cash. The person on whose behalf the shares may be sold represents that they are not aware of any material adverse, non-public information about Accel Entertainment’s current or prospective operations.
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FAQ
What does Accel Entertainment (ACEL) report in this Form 144?
The notice reports a proposed sale of 45,000 shares of Accel Entertainment common stock, with an aggregate market value of $459,900, to be sold through J.P. Morgan Securities LLC on the NYSE.
How many Accel Entertainment (ACEL) shares are outstanding in this filing?
The filing states that there are 53,207,946 shares of Accel Entertainment common stock outstanding, which is a baseline figure for the company’s equity as referenced in the notice.
When were the ACEL shares being sold under this Form 144 originally acquired?
The 45,000 common shares were acquired on December 18, 2009 in a pre-IPO purchase that later converted into common shares at Accel Entertainment’s IPO in 2019, and they were paid for in cash.
What is the approximate planned sale date for the ACEL shares in this Form 144?
The notice lists an approximate date of sale of December 1, 2025 for the 45,000 shares of Accel Entertainment common stock.
Which broker is handling the proposed sale of Accel Entertainment (ACEL) shares?
The filing identifies J.P. Morgan Securities LLC, located at 270 Park Avenue, 10th Floor, New York, NY 10017, as the broker for the proposed sale of the ACEL common shares on the NYSE.
What representation does the seller make about non-public information on ACEL?
By signing the notice, the person for whose account the securities may be sold represents that they do not know any material adverse information about Accel Entertainment’s current or prospective operations that has not been publicly disclosed.
Does this ACEL Form 144 involve a Rule 10b5-1 trading plan?
The form includes a field for a Date of Plan Adoption or Giving of Instruction if the seller is relying on Rule 10b5-1, and clarifies that signing the form with such a date represents their knowledge status as of that plan adoption or instruction date.