Accel Entertainment (ACEL) grants 27,829 RSUs to director Gordon Rubenstein
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rubenstein Gordon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (RSU) | 27,829 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 27,829 shares (Direct)
Footnotes (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. 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.
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.