Accel grants RSU and PSU awards to CLO Levin

Levin Scott D reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Levin Scott D reported acquisition or exercise transactions in this Form 4 filing.

Accel Entertainment, Inc. granted Chief Legal Officer & Corporate Secretary Scott D. Levin equity awards of 16,222 restricted stock units and 24,956 performance-based restricted stock units. Each unit represents one Class A-1 common share for no cash payment, with RSUs vesting in three equal annual installments and PSUs tied to share-price targets over a three-year period ending December 31, 2028, where actual vesting can range from 0% to above 300% of the target amount.

Insider Trade Summary

Grant/Award: 41,178 shares

Grant/Award 2 txns

Insider Levin Scott D

Role Chief Legal Officer & Corp Sec

Type	Security	Shares	Price	Value
Grant/Award	Performance-based Restricted Stock Unit (PSU) F1	24,956	$0.00	$0.00
Grant/Award	Restricted Stock Unit (RSU) F2, F3	16,222	$0.00	$0.00

Holdings After Transaction: Performance-based Restricted Stock Unit (PSU) — 24,956 contracts (Direct); Restricted Stock Unit (RSU) — 16,222 contracts (Direct)

Footnotes (3)

1. F1. Each performance-based restricted stock unit ("PSU") represents the contingent right to receive one share of the Issuer's Class A-1 common stock upon settlement for no consideration. The PSUs generally vest subject to the Reporting Person's continued service to the Issuer through December 31, 2028 and the Issuer's Class A-1 common stock achieving specified price per share targets during the three-year performance period running January 1, 2026 through December 31, 2028. The number of PSUs that ultimately vest may range from 0% to 300% of the target number reported here (or greater than 300% in the event of extraordinary performance).
2. F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A-1 common stock upon settlement for no consideration.
3. F3. 1/3 of the shares underlying the RSUs will generally vest on each of the first three anniversaries of February 25, 2026, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

Key Figures

RSU grant: 16,222 units PSU grant: 24,956 units PSU vesting range: 0% to 300% +2 more

5 metrics

RSU grant 16,222 units Restricted stock units granted to Scott D. Levin on July 11, 2026

PSU grant 24,956 units Performance-based restricted stock units granted to Scott D. Levin on July 11, 2026

PSU vesting range 0% to 300% Range of PSUs that may ultimately vest relative to the target; may exceed 300% with extraordinary performance

PSU performance period January 1, 2026 to December 31, 2028 Three-year period over which Class A-1 share-price targets are measured for PSU vesting

RSU vesting schedule Three annual installments One-third of RSU shares vest on each of the first three anniversaries of February 25, 2026, subject to continued service

Key Terms

Restricted Stock Unit ("RSU"), Performance-based restricted stock unit ("PSU"), three-year performance period, Class A-1 common stock

4 terms

Restricted Stock Unit ("RSU") financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one share"

Performance-based restricted stock unit ("PSU") financial

"Each performance-based restricted stock unit ("PSU") represents the contingent right to receive one share"

three-year performance period financial

"during the three-year performance period running January 1, 2026 through December 31, 2028"

Class A-1 common stock financial

"Issuer's Class A-1 common stock achieving specified price per share targets"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did Accel Entertainment (ACEL) grant to Scott D. Levin?

Accel Entertainment granted Scott D. Levin 16,222 RSUs and 24,956 performance-based RSUs. Each unit entitles him to one share of Class A-1 common stock at settlement for no cash payment, subject to multi-year vesting and, for PSUs, performance conditions.

How do the RSUs granted to Accel Entertainment (ACEL) executive Scott D. Levin vest?

The 16,222 RSUs vest in three equal annual installments. Vesting generally occurs on each of the first three anniversaries of February 25, 2026, and is conditioned on Mr. Levin’s continued service with Accel Entertainment on each applicable vesting date.

What are the performance conditions for Scott D. Levin’s PSUs at Accel Entertainment (ACEL)?

The 24,956 PSUs vest based on Accel’s Class A-1 common stock meeting specified price targets. Performance is measured over a three-year period from January 1, 2026 to December 31, 2028, and vesting can range from 0% to over 300% of the target award.

Is Scott D. Levin buying Accel Entertainment (ACEL) shares on the open market in this Form 4?

No, these are equity grants, not open-market purchases. The RSUs and PSUs are compensation awards that provide the right to receive Class A-1 common shares for no cash consideration, subject to vesting and, for PSUs, share-price performance conditions.

What role does Scott D. Levin hold at Accel Entertainment (ACEL) in connection with these awards?

Scott D. Levin serves as Accel Entertainment’s Chief Legal Officer & Corporate Secretary. The reported RSU and PSU grants represent part of his equity-based compensation, aligning his interests with shareholders through contingent rights to Class A-1 common stock.

Over what period is performance measured for Accel Entertainment (ACEL) PSUs granted to Scott D. Levin?

Performance for the PSU award is measured from January 1, 2026 through December 31, 2028. During this three-year performance period, vesting depends on Accel’s Class A-1 common stock achieving specified price-per-share targets while Mr. Levin remains in service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/14/2026 - 07:49 PM Learn about SEC filing dates

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

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^*

Levin Scott D

(Last) (First) (Middle)

140 TOWER DRIVE

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer & Corp Sec

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/11/2026

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
Performance-based Restricted Stock Unit (PSU)	(1)	07/11/2026		A		24,956		(1)	(1)	Class A-1 Common Stock	24,956	$0	24,956	D
Restricted Stock Unit (RSU)	(2)	07/11/2026		A		16,222		(3)	(3)	Class A-1 Common Stock	16,222	$0	16,222	D

Explanation of Responses:

1. Each performance-based restricted stock unit ("PSU") represents the contingent right to receive one share of the Issuer's Class A-1 common stock upon settlement for no consideration. The PSUs generally vest subject to the Reporting Person's continued service to the Issuer through December 31, 2028 and the Issuer's Class A-1 common stock achieving specified price per share targets during the three-year performance period running January 1, 2026 through December 31, 2028. The number of PSUs that ultimately vest may range from 0% to 300% of the target number reported here (or greater than 300% in the event of extraordinary performance).

2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A-1 common stock upon settlement for no consideration.

3. 1/3 of the shares underlying the RSUs will generally vest on each of the first three anniversaries of February 25, 2026, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

Remarks:

	Derek Harmer, Attorney-in-Fact for Scott Levin	07/14/2026
	** 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)