Accel Entertainment (ACEL) director defers fees into 20,070 new RSUs

Rhea-AI Filing Summary

Rotman Kenneth reported acquisition or exercise transactions in this Form 4 filing.

Accel Entertainment director Kenneth Rotman received new equity awards. On March 19, 2026 he was granted 13,914 restricted stock units and a separate 6,156-unit RSU award, totaling 20,070 units tied to Class A-1 common stock. All RSUs vest on December 31, 2026, contingent on his continued service, with one grant issued in lieu of his cash retainer and board fees.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rotman Kenneth

(Last) (First) (Middle)

C/O CLAIRVEST GROUP INC

22 ST. CLAIR AVENUE EAST, SUITE 1700

(Street)

TORONTO M4T 2S3

(City) (State) (Zip)

ONTARIO, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Accel Entertainment, Inc. [ ACEL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit (RSU)	(1)	03/19/2026		A		13,914		(2)	(2)	Class A-1 Common Stock	13,914	$0	13,914	D
Restricted Stock Units (RSU)	(1)	03/19/2026		A		6,156		(3)	(3)	Class A-1 Common Stock	6,156	$0	6,156	D

Explanation of Responses:

1. 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.

2. 100% of the RSUs will vest on December 31, 2026, subject to the Reporting Person's continued service to the Issuer on the vesting date.

3. Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2026, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Remarks:

	/s/ Derek Harmer, Attorney-in-Fact for Kenneth Rotman	03/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Accel Entertainment (ACEL) disclose for Kenneth Rotman?

Accel Entertainment reported that director Kenneth Rotman received two restricted stock unit grants totaling 20,070 RSUs on March 19, 2026. These RSUs represent compensation awards and are not open-market share purchases or sales, but contingent rights to receive Class A-1 common stock at vesting.

How many RSUs did Kenneth Rotman receive in the latest Accel Entertainment Form 4?

Kenneth Rotman received 13,914 RSUs in one grant and 6,156 RSUs in another, for a total of 20,070 restricted stock units. Each RSU corresponds to one share of Accel Entertainment’s Class A-1 common stock upon settlement for no cash consideration, according to the filing’s footnotes.

When do Kenneth Rotman’s new Accel Entertainment RSUs vest?

All of Kenneth Rotman’s newly granted RSUs are scheduled to vest on December 31, 2026. Vesting is conditioned on his continued service with Accel Entertainment through that date, meaning he must remain in his director role to receive the underlying Class A-1 common shares.

Are Kenneth Rotman’s Accel Entertainment RSUs tied to cash compensation deferrals?

Part of Kenneth Rotman’s RSU grant reflects his election to receive board compensation in stock units instead of cash. The filing notes that certain RSUs were granted in lieu of his annual cash retainer and chair or committee fees, aligning more of his pay with company equity.

Do the new RSUs for Kenneth Rotman involve any cash outlay or market trades in ACEL stock?

The RSU awards involve no cash outlay by Kenneth Rotman and are not market trades. Each restricted stock unit represents a contingent right to receive one share of Class A-1 common stock upon settlement for no consideration, making them non-cash, stock-based compensation grants.

What type of security underlies Kenneth Rotman’s new RSUs at Accel Entertainment?

The RSUs are linked to Accel Entertainment’s Class A-1 common stock. Upon vesting and settlement, each RSU converts into one share of this class with no exercise price, effectively granting Rotman equity-based compensation that depends on his continued board service until the vesting date.