[Form 3] Accel Entertainment, Inc. Initial Statement of Beneficial Ownership
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.
- Initial Section 16 disclosure completed identifying Brett Andrew Summerer as CFO and director
- Filing explicitly states that no securities are beneficially owned, providing clarity on insider holdings
- Form executed by authorized attorney-in-fact, indicating administrative completion
- None.
Insights
TL;DR: Routine initial Form 3 filed; reporting person holds no beneficial equity as of the event date.
The filing is a standard initial Section 16 disclosure showing Brett Andrew Summerer as CFO and director of Accel Entertainment, Inc. It explicitly states that he beneficially owns no shares. For investors, this is a clear factual record of the officer's ownership status rather than an operational or financial development. No financial metrics or transactions are reported.
TL;DR: Governance disclosure completed; absence of ownership is recorded, reducing potential insider trading complexity.
The Form 3 satisfies initial disclosure requirements by identifying the reporting person and relationship to the issuer and by certifying ownership status. The signature by an attorney-in-fact is noted. There are no indications of amendments or derivative holdings. This is procedural compliance information without material impact on corporate control or capital structure.