Accel Entertainment (NYSE: ACEL) discloses executive RSU vesting, share disposition

Rhea-AI Filing Summary

Accel Entertainment reported insider equity activity by its Chief Accounting Officer. On December 15, 2025, restricted stock units representing 1,875 shares of Class A-1 common stock settled for no consideration, increasing directly held shares to 9,059.

That same day, a second transaction coded “F” covered 550 Class A-1 shares at $11.26 per share, resulting in 8,509 shares owned directly after the transactions. The officer also continues to hold 7,500 restricted stock units, each convertible into one share, with one quarter vesting on December 15, 2024 and the remaining units vesting in eight equal quarterly installments thereafter, subject to continued service.

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^*

Kozlik Christen

(Last) (First) (Middle)

140 TOWER DR.

(Street)

BURR RIDGE IL 60527

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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

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

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

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
Class A-1 Common Stock	12/15/2025		M		1,875	A	$0	9,059	D
Class A-1 Common Stock	12/15/2025		F		550	D	$11.26	8,509	D

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 Units (RSU)	(1)	12/15/2025		M			1,875	(2)	(2)	Class A-1 Common Stock	1,875	$0	7,500	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. 1/4 of the RSUs will vest on December 15, 2024, and the remainder will vest in eight equal quarterly installments thereafter, subject to the Reporting Person's continuing service to the Issuer on each vesting date.

Remarks:

	/s/ Derek Harmer, Attorney-in-fact for Christen Kozlik	12/16/2025
	** 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).
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FAQ

What insider stock activity did Accel Entertainment (ACEL) report in this filing?

The filing shows the Chief Accounting Officer reported equity transactions on December 15, 2025, including settlement of restricted stock units into Class A-1 common stock and a separate share disposition.

How many Accel Entertainment shares were acquired and disposed of by the executive?

Restricted stock units representing 1,875 shares of Class A-1 common stock settled into stock, and a transaction coded “F” involved a 550-share disposition at $11.26 per share.

How many Accel Entertainment shares does the reporting person own after these transactions?

Following the reported transactions, the reporting person directly beneficially owns 8,509 shares of Accel Entertainment Class A-1 common stock.

How many restricted stock units (RSUs) remain outstanding for the Accel Entertainment executive?

After the reported activity, the executive beneficially owns 7,500 restricted stock units, each representing a contingent right to receive one share of Class A-1 common stock upon settlement for no consideration.

What is the vesting schedule for the Accel Entertainment RSUs?

According to the disclosure, 1/4 of the RSUs vest on December 15, 2024, and the remainder will vest in eight equal quarterly installments thereafter, subject to the executive’s continuing service on each vesting date.

What is the reporting person’s role at Accel Entertainment (ACEL)?

The reporting person is an officer of Accel Entertainment, serving as the company’s Chief Accounting Officer.

On what date did the Accel Entertainment insider transactions occur?

The transactions reported in this insider filing took place on December 15, 2025.