Accel Entertainment (ACEL) CCO exercises RSUs and sells 2,092 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Accel Entertainment, Inc. Chief Compliance Officer Derek Harmer reported an option-style RSU exercise paired with a small share sale. He exercised 7,138 Restricted Stock Units into the same number of Class A-1 Common shares at $0.00 per share, then sold 2,092 Class A-1 shares at $11.45 per share. Following these transactions, he directly holds 199,963 Class A-1 Common shares. Each RSU represents a right to receive one share at no cost, with vesting in thirds on each of the first three anniversaries of the grant date, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,092 shares ($23,953)
Net Sell
3 txns
Insider
Harmer Derek
Role
Chief Compliance Officer
Sold
2,092 shs ($24K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 7,138 | $0.00 | -- |
| Exercise | Class A-1 Common Stock | 7,138 | $0.00 | -- |
| Sale | Class A-1 Common Stock | 2,092 | $11.45 | $24K |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 14,276 shares (Direct);
Class A-1 Common Stock — 202,055 shares (Direct)
Footnotes (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. 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.
FAQ
What insider transactions did ACEL’s Derek Harmer report on this Form 4?
Derek Harmer reported exercising 7,138 Restricted Stock Units into Class A-1 Common Stock and selling 2,092 Class A-1 shares. The transactions occurred on March 10, 2026, and involved both derivative conversion and an open-market sale.
What RSU exercise did Derek Harmer complete in the Accel Entertainment filing?
Derek Harmer exercised 7,138 Restricted Stock Units, converting them into 7,138 shares of Accel Entertainment Class A-1 Common Stock at $0.00 per share. This exercise reflects a derivative security conversion rather than an open-market purchase.
How do Derek Harmer’s RSUs in Accel Entertainment vest over time?
Each RSU represents a right to receive one Class A-1 share for no consideration. One-third of the shares underlying the RSUs vest on each of the first three anniversaries of the grant date, subject to his continued service with Accel Entertainment.
Were any derivative positions left after Derek Harmer’s RSU exercise at Accel Entertainment?
The filing’s derivative summary is empty after this RSU exercise, indicating no remaining derivative positions are reported in this Form 4. The key derivative activity was the conversion of 7,138 RSUs into Class A-1 Common Stock.