Accel Entertainment (NYSE: ACEL) CEO corrects Form 4 classification on 102,030 RSUs
Rhea-AI Filing Summary
Rubenstein Andrew H. reported disposition transactions in this Form 4 filing.
Accel Entertainment, Inc. filed an amendment stating that CEO and President Andrew H. Rubenstein’s 102,030 units that settled on March 14, 2026 were restricted stock units (RSUs), correcting an earlier description as performance-based RSUs. The RSUs were issued upon the Compensation Committee’s certification of three-year performance results for the period ended December 31, 2025 and will vest 100% on March 14, 2026, subject to his continued service.
Positive
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Negative
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Insider Trade Summary
102,030 shares exercised/converted
Exercise
1 txn
Insider
Rubenstein Andrew H.
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) F1, F2 | 102,030 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 102,030 shares (Direct)
Footnotes (2)
- F1. The reported securities represent restricted stock units issued upon certification by the Compensation Committee of performance results for the Company's three-year performance stock unit award covering the performance period ended December 31, 2025.
- F2. 100% of the RSUs will vest on March 14, 2026, subject to the Reporting Person's continued service to the Issuer on the vesting date.
Key Figures
RSUs reported: 102,030 units
Vesting percentage: 100%
Vesting date: March 14, 2026
+3 more
6 metrics
RSUs reported
102,030 units
Restricted stock units linked to Class A-1 Common Stock
Vesting percentage
100%
RSUs vest 100% on March 14, 2026, subject to continued service
Vesting date
March 14, 2026
Date when 100% of the RSUs will vest if service continues
Performance period end
December 31, 2025
End of three-year performance period for underlying performance award
Transaction shares (exercise)
102,030 shares
Shares involved in derivative exercise/conversion (code M) per transactionSummary
Transaction price per share
0.0000 per share
Reported price for the derivative transaction involving the RSUs
Key Terms
Restricted Stock Unit (RSU), performance stock unit award, derivative security, Compensation Committee
4 terms
Restricted Stock Unit (RSU) financial
"The reported securities represent restricted stock units issued upon certification"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
performance stock unit award financial
"the Company's three-year performance stock unit award covering the performance period"
derivative security financial
"transaction code M with description Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Compensation Committee financial
"issued upon certification by the Compensation Committee of performance results"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Accel Entertainment (ACEL) correct in this Form 4/A filing?
Accel Entertainment corrected the characterization of 102,030 units settled on March 14, 2026, clarifying they are restricted stock units (RSUs), not performance-based RSUs. No other aspects of the originally reported transactions were changed in this amendment.
How many RSUs are involved in Andrew H. Rubenstein’s Accel Entertainment (ACEL) Form 4/A?
The Form 4/A reports 102,030 restricted stock units linked to Andrew H. Rubenstein. These RSUs were issued after the Compensation Committee certified performance for a three-year award and are scheduled to vest 100% on March 14, 2026, subject to continued service.
What is the vesting schedule for the 102,030 RSUs in Accel Entertainment (ACEL)?
The 102,030 RSUs will vest 100% on March 14, 2026. Vesting is conditioned on Andrew H. Rubenstein’s continued service to Accel Entertainment through that date, as described in the transaction footnotes accompanying the filing.
How were the RSUs in Accel Entertainment (ACEL)’s Form 4/A granted?
The reported securities are RSUs issued upon the Compensation Committee’s certification of three-year performance results for a performance stock unit award covering the period ended December 31, 2025. This ties the award’s issuance directly to completed performance goals.
Does the Accel Entertainment (ACEL) Form 4/A indicate any changes to transaction amounts?
No. The amendment specifies that no other changes were made to the originally reported transactions beyond correcting the classification of the 102,030 units as RSUs instead of performance-based RSUs. Share counts and other terms remain the same.
What transaction type is reported in Andrew H. Rubenstein’s Accel Entertainment (ACEL) Form 4/A?
The filing reports a derivative transaction coded as M, an exercise or conversion of a derivative security involving 102,030 RSUs tied to Class A-1 Common Stock. It is shown as a disposition of the derivative security in the structured data.