Accel Entertainment (NYSE: ACEL) CCO sells 20,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Accel Entertainment, Inc. Chief Compliance Officer Derek Harmer reported an open-market sale of 20,000 shares of Class A-1 Common Stock at $13.00 per share. The transaction was made under a pre-arranged Rule 10b5-1 trading plan adopted on December 13, 2024. After the sale, Harmer directly holds 187,827 shares, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($260,000)
Net Sell
1 txn
Insider
Harmer Derek
Role
Chief Compliance Officer
Sold
20,000 shs ($260K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A-1 Common Stock | 20,000 | $13.00 | $260K |
Holdings After Transaction:
Class A-1 Common Stock — 187,827 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 20,000 shares
Sale price per share: $13.00 per share
Shares held after sale: 187,827 shares
+1 more
4 metrics
Shares sold
20,000 shares
Open-market sale of Class A-1 Common Stock
Sale price per share
$13.00 per share
Transaction price for the 20,000-share sale
Shares held after sale
187,827 shares
Direct holdings following the transaction
Transaction date
June 15, 2026
Date of the reported open-market sale
Key Terms
Rule 10b5-1 trading plan, material nonpublic information, Class A-1 Common Stock, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2024."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
material nonpublic information regulatory
"not in possession of any material nonpublic information regarding the Issuer or the securities subject to the plan."
Nonpublic information is specific, important news about a company or its securities that has not been shared with the general public and that a reasonable investor would consider likely to affect the company’s stock price. It matters to investors because using or sharing that information to buy or sell securities can give an unfair advantage and is often illegal; think of it like having the exam answers before a test, which undermines a fair playing field for everyone.
Class A-1 Common Stock financial
"security_title: Class A-1 Common Stock"
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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Accel Entertainment (ACEL) disclose for Derek Harmer?
Accel Entertainment disclosed that Chief Compliance Officer Derek Harmer sold 20,000 shares of Class A-1 Common Stock. The shares were sold in an open-market transaction at a price of $13.00 per share, as reported in a Form 4 insider filing.
What role does Derek Harmer hold at Accel Entertainment (ACEL) in this Form 4?
In this Form 4, Derek Harmer is identified as an officer of Accel Entertainment, serving as Chief Compliance Officer. The filing confirms he is not listed as a director or a ten-percent owner, but as an executive officer of the company.