Accel Entertainment Executive Maintains Large Position Despite Share Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Derek Harmer, Secretary of Accel Entertainment (ACEL), executed a significant stock transaction on June 23, 2025. The insider sold 5,000 shares of Class A-1 Common Stock at $11.50 per share, leaving a remaining direct ownership position of 202,880 shares.
The transaction was conducted under a Rule 10b5-1 trading plan established on December 13, 2024. This pre-planned trading arrangement demonstrates compliance with insider trading regulations, as it was set up when the insider certified having no material nonpublic information.
- Transaction Type: Sale of common stock
- Total Transaction Value: $57,500
- Trading Plan: Executed under Rule 10b5-1
- Ownership Type: Direct
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($57,500)
Net Sell
1 txn
Insider
Harmer Derek
Role
Secretary
Sold
5,000 shs ($58K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A-1 Common Stock | 5,000 | $11.50 | $58K |
Holdings After Transaction:
Class A-1 Common Stock — 202,880 shares (Direct)
Footnotes (1)
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FAQ
Was ACEL insider Derek Harmer's stock sale planned in advance?
Yes, the shares were sold pursuant to a Rule 10b5-1 trading plan that Harmer adopted on December 13, 2024. This type of plan is established in advance to help prevent insider trading concerns.
What position does Derek Harmer hold at ACEL?
Derek Harmer serves as Secretary of Accel Entertainment, Inc. (ACEL), as indicated in the Form 4 filing.