Accel Entertainment (NYSE: ACEL) awards 41,313 performance PSUs to COO Mark Phelan
Rhea-AI Filing Summary
Phelan Mark T. reported acquisition or exercise transactions in this Form 4 filing.
Accel Entertainment, Inc. reported that COO and President, U.S. Gaming Mark T. Phelan received a grant of 41,313 performance-based restricted stock units (PSUs). Each PSU may settle into one share of Class A-1 common stock, vesting through December 31, 2028 based on continued service and share-price targets, with actual vesting from 0% to 300% of the target amount, or higher with extraordinary performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Phelan Mark T.
Role
COO, President, U.S. Gaming
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-based Restricted Stock Unit (PSU) | 41,313 | $0.00 | -- |
Holdings After Transaction:
Performance-based Restricted Stock Unit (PSU) — 41,313 shares (Direct)
Footnotes (1)
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Key Figures
PSUs granted: 41,313 units
Transaction date: 2026-07-11
Shares following transaction: 41,313 units
+5 more
8 metrics
PSUs granted
41,313 units
Performance-based restricted stock units granted to Mark T. Phelan
Transaction date
2026-07-11
Grant date of performance-based restricted stock units
Shares following transaction
41,313 units
Total PSUs held after the reported grant
Service vesting date
December 31, 2028
Continued service required through this date for vesting
Performance period start
January 1, 2026
Start of share-price performance period for PSU vesting
Performance period end
December 31, 2028
End of share-price performance period for PSU vesting
Vesting range
0% to 300% of target
Range of PSUs that may ultimately vest based on performance
Exercise price
$0.0000 per unit
PSUs settle for no consideration upon vesting
Key Terms
Performance-based Restricted Stock Unit (PSU), Class A-1 common stock, contingent right, performance period, +1 more
5 terms
Performance-based Restricted Stock Unit (PSU) financial
"Each performance-based restricted stock unit ("PSU") represents the contingent right"
Class A-1 common stock financial
"receive one 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.
contingent right financial
"represents the contingent right to receive one share of the Issuer's Class A-1"
performance period financial
"during the three-year performance period running January 1, 2026 through December 31, 2028"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
target number financial
"may range from 0% to 300% of the target number reported here"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Accel Entertainment (ACEL) report for Mark T. Phelan?
Accel Entertainment reported a grant of 41,313 performance-based restricted stock units (PSUs) to COO and President, U.S. Gaming Mark T. Phelan. These PSUs can settle into Class A-1 common shares, subject to service and stock-price performance conditions through December 31, 2028.
How many PSUs were granted to Mark T. Phelan at Accel Entertainment (ACEL)?
Mark T. Phelan received 41,313 PSUs as a performance-based equity award. Each PSU represents a contingent right to one share of Class A-1 common stock, with the final number vesting based on service and share-price targets during the 2026–2028 performance period.
What are the vesting conditions for the PSUs granted to Accel Entertainment (ACEL) COO?
The PSUs generally vest if Mark T. Phelan remains in service through December 31, 2028 and Accel’s Class A-1 stock hits specified price targets. The performance period runs from January 1, 2026 to December 31, 2028, with vesting outcomes from 0% to 300% of target.
When is the performance period for Accel Entertainment (ACEL) PSUs granted to Mark T. Phelan?
The PSU performance period runs from January 1, 2026 through December 31, 2028. During this time, Accel’s Class A-1 common stock must achieve specified price-per-share targets for any of the 41,313 target PSUs to vest, subject to continued service requirements.
Does Mark T. Phelan pay any consideration for the Accel Entertainment (ACEL) PSUs?
No, the PSUs are granted for no consideration. Each performance-based restricted stock unit represents a contingent right to receive one share of Class A-1 common stock upon settlement without payment, assuming service and share-price performance conditions are satisfied by the end of 2028.
Can the number of Accel Entertainment (ACEL) PSUs that vest exceed the target amount?
Yes, the number of PSUs that ultimately vest may range from 0% to 300% of the 41,313 target units, and can exceed 300% in the event of extraordinary performance, all subject to continued service and stock-price targets over the 2026–2028 performance period.