Accel CEO sells 45,000 shares in open market
Accel Entertainment CEO and President Andrew H. Rubenstein reported an open-market sale of 45,000 shares of Accel Entertainment, Inc. Class A-1 Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Accel Entertainment CEO and President Andrew H. Rubenstein reported an open-market sale of 45,000 shares of Accel Entertainment, Inc. Class A-1 Common Stock. The weighted average sale price was $11.0506 per share, with individual trades between $11.01 and $11.11. Following these transactions, Rubenstein directly holds 3,911,368 shares of Accel Entertainment common stock.
Insider Trade Summary 10b5-1
Net Seller: 45,000 shares
Net Sell
1 txn
Insider
Rubenstein Andrew H.
Role
CEO and President
Sold
45,000 shs ($497K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A-1 Common Stock | 45,000 | $11.0506 | $497K |
Holdings After Transaction:
Class A-1 Common Stock — 3,911,368 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.01 to $11.11, 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: 45,000 shares
Weighted average sale price: $11.0506 per share
Sale price range: $11.01–$11.11 per share
+2 more
5 metrics
Shares sold
45,000 shares
Open-market sale of Class A-1 Common Stock
Weighted average sale price
$11.0506 per share
Average price across multiple sale transactions
Sale price range
$11.01–$11.11 per share
Prices for individual trades within the reported sale
Shares held after sale
3,911,368 shares
Direct holdings of Andrew H. Rubenstein post-transaction
Net shares sold
45,000 shares
Net selling activity in this filing
Key Terms
open-market sale, weighted average price, Class A-1 Common Stock, direct ownership
4 terms
open-market sale financial
"transaction_action: "open-market sale" for the 45,000-share transaction"
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.
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.
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.
direct ownership financial
"direct_or_indirect: "D" and ownership_type: "direct" indicate direct ownership"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ACEL CEO Andrew Rubenstein report?
Andrew Rubenstein reported selling 45,000 shares of Accel Entertainment Class A-1 Common Stock in open-market transactions. The filing describes it as an open-market sale, meaning shares were sold through regular trading on the market rather than via a private agreement or grant.
Was the ACEL CEO sale a direct or indirect ownership transaction?
The transaction is reported as direct ownership, indicated by the code “D” in the ownership column. That means the 45,000 shares sold and the 3,911,368 shares remaining are held directly by Andrew Rubenstein, not through an intermediary entity or trust.
What does the weighted average price mean in Andrew Rubenstein’s ACEL sale?
The weighted average price of $11.0506 reflects multiple trades executed between $11.01 and $11.11. Instead of listing each trade separately, the filing aggregates them, and Rubenstein undertakes to provide full breakdowns upon request to the company, investors, or SEC staff.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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