Accel Entertainment (ACEL) director receives 20,818 RSUs in deferred and equity compensation

Rhea-AI Filing Summary

Accel Entertainment, Inc. director Dee M. Robinson reported receiving two grants of restricted stock units as equity compensation. One award covers 13,914 RSUs and the other 6,904 RSUs, each representing a contingent right to receive one share of Class A‑1 common stock for no cash cost.

According to the terms, 100% of these RSUs vest on December 31, 2026, conditioned on Robinson’s continued service to the company through that date. The smaller grant reflects an election to defer the annual cash retainer and committee fees into RSUs, converting cash compensation into stock-based awards rather than involving any open-market share purchases or sales.

Insights

Equity Compensation Analyst

Routine director RSU grants with no open-market trading.

Director Dee M. Robinson received two equity awards totaling 20,818 restricted stock units in lieu of and in addition to cash fees. These RSUs convert to Class A‑1 common stock on settlement at no cash cost.

All units cliff-vest on December 31, 2026, so the economic value depends on Robinson’s continued board service and the share price at vesting. The filing shows no stock purchases or sales, only compensation-related acquisitions, which typically carry limited signaling value for near-term trading sentiment.

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

OMB APPROVAL

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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^*

Robinson Dee M

(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		13,914		(2)	(2)	Class A-1 Common Stock	13,914	$0	13,914	D
Restricted Stock Units (RSU)	(1)	03/19/2026		A		6,904		(3)	(3)	Class A-1 Common Stock	6,904	$0	6,904	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.

3. Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 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 Dee M. Robinson	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) disclose for Dee M. Robinson?

Accel Entertainment disclosed that director Dee M. Robinson received two grants of restricted stock units, covering 13,914 and 6,904 RSUs. These are equity compensation awards, not open-market stock purchases or sales, and convert into Class A‑1 common shares upon future settlement.

How many restricted stock units did Dee M. Robinson receive from ACEL?

Dee M. Robinson received a total of 20,818 restricted stock units, split into awards of 13,914 and 6,904 RSUs. Each unit represents a right to receive one share of Accel Entertainment’s Class A‑1 common stock when the awards settle for no cash consideration.

When do Dee M. Robinson’s Accel Entertainment RSUs vest?

All of Dee M. Robinson’s RSUs are scheduled to vest on December 31, 2026. Vesting is contingent on Robinson continuing to serve Accel Entertainment through that date, so the units only convert into Class A‑1 common shares if that service condition is satisfied.

Did Dee M. Robinson buy or sell Accel Entertainment stock on the market?

The filing does not show any open-market buys or sells by Dee M. Robinson. Instead, it reports compensation-related acquisitions of restricted stock units that convert into Class A‑1 common stock, reflecting equity-based pay rather than active trading in Accel Entertainment shares.

Why did part of Dee M. Robinson’s ACEL compensation take the form of RSUs?

One RSU grant reflects Robinson’s election to defer the annual cash retainer and committee fees into stock units. This converts cash compensation into equity, aligning a portion of director pay with Accel Entertainment’s share performance over the vesting period ending December 31, 2026.