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.
Positive
- None.
Negative
- None.
Insights
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (RSU) | 13,914 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (RSU) | 6,904 | $0.00 | -- |
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. 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.