Accel Entertainment (ACEL) grants 27,829 RSUs to director Gordon Rubenstein

Rhea-AI Filing Summary

Accel Entertainment director Gordon Rubenstein received a grant of 27,829 restricted stock units (RSUs). These RSUs are a form of equity compensation that convert into the same number of Class A-1 common shares for no cash payment when they settle.

According to the terms, 100% of the 27,829 RSUs will vest on December 31, 2026, as long as Rubenstein continues to serve the company through that date. After this grant, his reported direct holding of RSUs from this award is 27,829 units.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rubenstein Gordon

(Last) (First) (Middle)

C/O ACCEL ENTERTAINMENT, INC.

140 TOWER DRIVE

(Street)

BURR RIDGE ILLINOIS 60527

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Accel Entertainment, Inc. [ ACEL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit (RSU)	(1)	03/19/2026		A		27,829		(2)	(2)	Class A-1 Common Stock	27,829	$0	27,829	D

Explanation of Responses:

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.

2. 100% of the RSUs will vest on December 31, 2026, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Remarks:

	/s/ Derek Harmer, Attorney-in-fact for Gordon Rubenstein	03/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Accel Entertainment (ACEL) report for Gordon Rubenstein?

Accel Entertainment reported that director Gordon Rubenstein received a grant of 27,829 restricted stock units. These RSUs represent a contingent right to receive an equal number of Class A-1 common shares, delivered for no cash consideration when the award eventually settles.

How many RSUs did Gordon Rubenstein receive from Accel Entertainment (ACEL)?

Gordon Rubenstein received 27,829 restricted stock units from Accel Entertainment. Each RSU corresponds to one share of Class A-1 common stock upon settlement, giving him equity-based compensation that aligns his interests with shareholders rather than a traditional cash bonus structure.

When do Gordon Rubenstein’s Accel Entertainment (ACEL) RSUs vest?

All of Gordon Rubenstein’s 27,829 RSUs vest on December 31, 2026. Vesting is conditional on his continued service to Accel Entertainment through that date, meaning he must remain in his role for the full period to receive the underlying common shares.

What does each Accel Entertainment (ACEL) RSU granted to Gordon Rubenstein represent?

Each RSU represents a contingent right to receive one share of Accel Entertainment’s Class A-1 common stock. The shares are delivered for no cash consideration upon settlement, making this award a non-cash component of his overall compensation package as a director.

Is Gordon Rubenstein’s Accel Entertainment (ACEL) RSU grant an open-market stock purchase?

The RSU grant is not an open-market stock purchase; it is a compensation award. The Form 4 identifies the transaction as a grant or award acquisition, with no purchase price per share, and settlement will occur in stock once vesting conditions are satisfied.

How many RSUs does Gordon Rubenstein hold after this Accel Entertainment (ACEL) grant?

Following this transaction, Gordon Rubenstein is reported to hold 27,829 RSUs from this award. These units are scheduled to vest in full on December 31, 2026, provided he continues his service with Accel Entertainment through the stated vesting date.