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Accel Entertainment (ACEL) CAO RSUs vest; shares withheld to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Accel Entertainment Chief Accounting Officer Christen Kozlik reported routine equity compensation activity involving restricted stock units. On June 15, 2026, 1,875 RSUs converted into Class A-1 Common Stock, each RSU representing one share delivered for no cash consideration.

In connection with this vesting, 550 shares of Class A-1 Common Stock were disposed of at $13.13 per share to cover tax obligations, a tax-withholding disposition rather than an open-market sale. The remaining vested shares increased Kozlik’s direct stock ownership in the company.

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Insider Kozlik Christen
Role Chief Accounting Officer
Type Security Shares Price Value
Exercise Restricted Stock Units (RSU) 1,875 $13.13 $25K
Exercise Class A-1 Common Stock 1,875 $0.00 --
Tax Withholding Class A-1 Common Stock 550 $13.13 $7K
Holdings After Transaction: Restricted Stock Units (RSU) — 5,625 shares (Direct, null); Class A-1 Common Stock — 18,571 shares (Direct, null)
Footnotes (1)
  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. 1/4 of the RSUs will vest on December 15, 2024, and the remainder will vest in eight equal quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.
RSUs converted 1,875 units RSUs converting into Class A-1 Common Stock on June 15, 2026
Shares withheld for taxes 550 shares Tax-withholding disposition related to RSU vesting
Tax withholding price $13.13 per share Value used for 550-share tax-withholding disposition
Transaction type Exercise of derivative security (RSUs) Code M transactions converting RSUs into common stock
Tax-withholding transaction Code F disposition Payment of tax liability by delivering 550 shares
Restricted Stock Units (RSU) financial
"Each restricted stock unit ("RSU") represents a contingent right to receive 1 share..."
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"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.
vesting financial
"1/4 of the RSUs will vest on December 15, 2024, and the remainder will vest..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Kozlik Christen

(Last)(First)(Middle)
140 TOWER DR.

(Street)
BURR RIDGE ILLINOIS 60527

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Accel Entertainment, Inc. [ ACEL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A-1 Common Stock06/15/2026M1,875A$018,571D
Class A-1 Common Stock06/15/2026F550D$13.1318,021D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (RSU)(1)06/15/2026M1,875 (2) (2)Class A-1 Common Stock1,875$13.135,625D
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. 1/4 of the RSUs will vest on December 15, 2024, and the remainder will vest in eight equal quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.
Remarks:
/s/ Derek Harmer, Attorney-in-fact for Christen Kozlik06/17/2026
** Signature of Reporting PersonDate
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) report for Christen Kozlik?

Accel Entertainment reported that Chief Accounting Officer Christen Kozlik had 1,875 restricted stock units convert into Class A-1 Common Stock. As part of this vesting event, a portion of the resulting shares was withheld to satisfy tax obligations rather than sold in the open market.

How many Accel Entertainment (ACEL) RSUs vested for Christen Kozlik and into what security?

A total of 1,875 restricted stock units vested for Christen Kozlik, each converting into one share of Accel Entertainment’s Class A-1 Common Stock. The RSUs settle for shares at no cash cost to Kozlik, reflecting compensation rather than a market purchase of stock.

How many Accel Entertainment (ACEL) shares were withheld for taxes in this Form 4?

The filing shows that 550 shares of Accel Entertainment Class A-1 Common Stock were disposed of at $13.13 per share. This was a tax-withholding disposition to cover tax liabilities arising from RSU vesting, not an open-market sale initiated by Kozlik.

What does the tax-withholding disposition in the Accel Entertainment (ACEL) Form 4 mean?

The tax-withholding disposition means the company withheld 550 shares at $13.13 per share to pay taxes owed when RSUs vested. Kozlik did not sell these shares in the market; they were retained by the issuer to satisfy tax obligations automatically.

What is the vesting schedule for Christen Kozlik’s Accel Entertainment (ACEL) RSUs?

The RSU award vests over time. One quarter of the restricted stock units vests on December 15, 2024, and the remaining units vest in eight equal quarterly installments afterward, contingent on Kozlik’s continued service with Accel Entertainment on each vesting date.