Accel CCO awarded 42,085 RSUs
Harmer Derek reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Harmer Derek reported acquisition or exercise transactions in this Form 4 filing.
Accel Entertainment, Inc. reported that Chief Compliance Officer Derek Harmer received a grant of 42,085 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive 1 share of Class A-1 Common Stock upon settlement for no cash consideration.
One-third of the shares underlying the RSUs will vest on each of the first three anniversaries of February 25, 2026, subject to Harmer’s continued service with the company on each vesting date. Following this award, he holds 42,085 RSUs directly.
Insider Trade Summary
Grant/Award: 42,085 shares
Grant/Award
1 txn
Insider
Harmer Derek
Role
Chief Compliance Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (RSU) | 42,085 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 42,085 contracts (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 February 25, 2026, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.
Key Figures
RSUs granted: 42,085 RSUs
Shares underlying RSUs: 42,085 shares
Vesting start reference date: February 25, 2026
+1 more
4 metrics
RSUs granted
42,085 RSUs
Grant to Chief Compliance Officer on transaction date
Shares underlying RSUs
42,085 shares
Class A-1 Common Stock underlying the RSUs
Vesting start reference date
February 25, 2026
First of three anniversaries used for RSU vesting
Post-transaction RSU holdings
42,085 RSUs
Total RSUs held directly after the grant
Key Terms
Restricted Stock Unit (RSU), Class A-1 Common Stock, vesting, anniversaries of February 25, 2026
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.
vesting financial
"1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries"
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.
anniversaries of February 25, 2026 financial
"on each of the first three anniversaries of February 25, 2026, in each case"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Accel Entertainment (ACEL) disclose about Derek Harmer in this Form 4?
Accel Entertainment disclosed that Chief Compliance Officer Derek Harmer received 42,085 Restricted Stock Units as an equity award. Each RSU can convert into one share of Class A-1 Common Stock upon settlement, with no cash paid by Harmer for the grant itself.
How many RSUs did Accel Entertainment (ACEL) grant to Derek Harmer?
Accel Entertainment granted Derek Harmer 42,085 Restricted Stock Units. These units give him a contingent right to receive an equal number of Class A-1 Common Stock shares upon settlement, reflecting a stock-based compensation award rather than an open-market purchase or sale of shares.
What is the vesting schedule for Derek Harmer’s RSUs at Accel Entertainment (ACEL)?
One-third of Derek Harmer’s RSUs will vest on each of the first three anniversaries of February 25, 2026. Vesting on each date is conditioned on his continued service to Accel Entertainment, which ties the award to longer-term employment with the company.
Does Derek Harmer pay anything for the RSUs reported by Accel Entertainment (ACEL)?
He does not pay cash for these RSUs. The filing states each Restricted Stock Unit represents a contingent right to receive one share of Class A-1 Common Stock upon settlement for no consideration, indicating this is a compensation grant rather than a purchase.
How many RSUs does Derek Harmer hold after this Accel Entertainment (ACEL) transaction?
After this transaction, Derek Harmer holds 42,085 Restricted Stock Units directly. This total matches the number of RSUs granted in the filing, indicating this award represents his reported RSU position following the grant recorded on the transaction date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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