Accel Entertainment, Inc. (ACEL) CCO settles RSUs, shares withheld for taxes
Rhea-AI Filing Summary
Accel Entertainment, Inc. reported that Chief Compliance Officer Derek Harmer settled 13,333 Restricted Stock Units into an equal number of Class A-1 Common Stock shares on July 15, 2026. In a related move, 3,907 shares of Class A-1 Common Stock were withheld at $12.31 per share to satisfy tax obligations. Each RSU represents a right to receive one share for no consideration, and one-third of the underlying shares vests on each of the first three anniversaries of the grant date, subject to continued service. The filing indicates these transactions were not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,426 shares
Net Buy
3 txns
Insider
Harmer Derek
Role
Chief Compliance Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) F1, F2 | 13,333 | $0.00 | $0.00 |
| Exercise | Class A-1 Common Stock | 13,333 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A-1 Common Stock | 3,907 | $12.31 | $48K |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 0 shares (Direct);
Class A-1 Common Stock — 197,253 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement for no consideration.
- F2. 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.
Key Figures
RSUs settled: 13,333 units
Shares received: 13,333 shares
Shares withheld for taxes: 3,907 shares
+2 more
5 metrics
RSUs settled
13,333 units
Restricted Stock Units converted into Class A-1 Common Stock on July 15, 2026
Shares received
13,333 shares
Class A-1 Common Stock acquired upon RSU settlement, transaction code M
Shares withheld for taxes
3,907 shares
Class A-1 Common Stock withheld to satisfy tax liability, transaction code F
Tax withholding price
$12.31 per share
Price used for shares withheld to pay tax obligations
RSU vesting fraction
1/3 per year
One-third of RSU shares vest on each of the first three anniversaries of the grant date
Key Terms
Restricted Stock Unit (RSU), Class A-1 Common Stock, Rule 10b5-1, tax liability
4 terms
Restricted Stock Unit (RSU) financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive 1 share"
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.
Class A-1 Common Stock financial
"receive 1 share of the Issuer's Class A-1 Common Stock upon settlement"
Class A-1 common stock is a specific type of ordinary share in a company whose exact voting power, dividend rights and transfer rules are set out in the company’s charter. It represents an ownership stake but may carry different rights than other share classes, so two shares with different labels are not always equal. For investors it matters because the share class determines how much influence you have, what income you may receive and how easily you can sell—think of it like different membership tiers that grant varying levels of access and benefits.
Rule 10b5-1 regulatory
"The filing indicates these transactions were not made under a Rule 10b5-1 plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Accel Entertainment (ACEL) disclose in this Form 4?
Accel Entertainment reported its Chief Compliance Officer Derek Harmer settling 13,333 RSUs into Class A-1 Common Stock and having 3,907 shares withheld at $12.31 per share to cover tax obligations related to the RSU settlement.
How many Restricted Stock Units did Accel Entertainment (ACEL)'s CCO settle?
Chief Compliance Officer Derek Harmer settled 13,333 Restricted Stock Units, receiving an equal number of Class A-1 Common Stock shares. Each RSU represents a contingent right to one share upon settlement for no consideration, according to the company's disclosure.
What is the vesting schedule for the RSUs reported by Accel Entertainment (ACEL)?
The RSUs vest in three equal installments, with 1/3 of the shares vesting on each of the first three anniversaries of the grant date. Vesting is conditioned on the reporting person's continued service to Accel Entertainment on each vesting date.
Were Accel Entertainment (ACEL)'s insider transactions made under a Rule 10b5-1 plan?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, meaning these transactions were not reported as made under a Rule 10b5-1 or similar pre-arranged trading plan adopted under SEC rules.
What role does the insider in this Accel Entertainment (ACEL) filing hold?
The reporting person, Derek Harmer, serves as Accel Entertainment's Chief Compliance Officer. The reported transactions involve his equity compensation in the form of Restricted Stock Units and the associated Class A-1 Common Stock.