Accel Entertainment (NYSE: ACEL) CEO sells 15,000 shares
Rhea-AI Filing Summary
Accel Entertainment, Inc. insider Andrew H. Rubenstein, CEO, President and over-10% owner, reported selling 15,000 shares of Class A-1 Common Stock on August 5, 2026 at a weighted average price of $12.6355 per share under a Rule 10b5-1 trading plan. Following the sale, he directly holds 3,857,943 shares.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 15,000 shares
Net Sell
1 txn
Insider
Rubenstein Andrew H.
Role
CEO and President
Sold
15,000 shs ($190K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A-1 Common Stock F1, F2 | 15,000 | $12.6355 | $190K |
Holdings After Transaction:
Class A-1 Common Stock — 3,857,943 shares (Direct)
Footnotes (2)
- F1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 26, 2024. The 10b5-1 plan included a representation from the Reporting Person to the broker administering the plan that the Reporting Person was not in possession of any material nonpublic information regarding the Issuer or the securities subject to the plan. That representation was made as of the date of the adoption of the 10b5-1 plan, and speaks only as of that date. In making that representation, there is no assurance with respect to any material nonpublic information of which the Reporting Person was unaware, or with respect to any material nonpublic information acquired by the Reporting Person after the date of the representation.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.51 to $12.79, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Key Figures
Shares sold: 15,000 shares
Weighted average sale price: $12.6355 per share
Sale price range: $12.51–$12.79 per share
+1 more
4 metrics
Shares sold
15,000 shares
Class A-1 Common Stock sold on August 5, 2026
Weighted average sale price
$12.6355 per share
Average price across multiple trades in this transaction
Sale price range
$12.51–$12.79 per share
Prices for individual trades within the reported sale
Shares held after sale
3,857,943 shares
Direct holdings of Andrew H. Rubenstein following the transaction
Key Terms
Rule 10b5-1 trading plan, weighted average price, material nonpublic information
3 terms
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted..."
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
material nonpublic information regulatory
"representation that the Reporting Person was not in possession of any material nonpublic information"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Accel Entertainment (ACEL) CEO Andrew Rubenstein report?
Andrew H. Rubenstein reported selling 15,000 Class A-1 Common Stock shares on August 5, 2026 at a weighted average price of $12.6355 per share. After this transaction, he directly holds 3,857,943 Accel Entertainment shares.
Was the Accel Entertainment (ACEL) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the shares were sold under a Rule 10b5-1 trading plan adopted by Andrew H. Rubenstein on December 26, 2024. The plan included a representation that he was not in possession of material nonpublic information as of the adoption date.
Does the ACEL Form 4 indicate that Rubenstein’s sale involved multiple trades?
Yes. A footnote states the 15,000 shares were sold in multiple transactions at prices ranging from $12.51 to $12.79 per share. The price reported is a weighted average, and detailed trade breakdowns are available upon request.