Accel grants 16,851 RSUs to accounting chief
Kozlik Christen reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Kozlik Christen reported acquisition or exercise transactions in this Form 4 filing.
Accel Entertainment, Inc. reported that Chief Accounting Officer Christen Kozlik received a grant of 16,851 restricted stock units (RSUs) tied to the company’s Class A-1 Common Stock. Each RSU gives a contingent right to receive one share for no cash payment when it settles.
According to the vesting schedule, one-third of the RSUs will vest on each of the first three anniversaries of February 25, 2026, if Kozlik continues to serve the company on those dates. Following this award, she is reported as holding 16,851 RSUs directly.
Insider Trade Summary
Grant/Award: 16,851 shares
Grant/Award
1 txn
Insider
Kozlik Christen
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit (RSU) | 16,851 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 16,851 contracts (Direct)
Footnotes (2)
- F1. 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.
- F2. 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of February 25, 2026, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.
Key Figures
RSUs granted: 16,851 units
Post-transaction RSUs: 16,851 units
Vesting structure: 1/3 on each of first three anniversaries
3 metrics
RSUs granted
16,851 units
Restricted Stock Units granted on June 5, 2026
Post-transaction RSUs
16,851 units
Total RSUs held directly after the reported grant
Vesting structure
1/3 on each of first three anniversaries
Anniversaries of February 25, 2026, subject to continued service
Key Terms
Restricted Stock Unit (RSU), Class A-1 Common Stock, vesting
3 terms
Restricted Stock Unit (RSU) financial
"Each restricted stock unit ("RSU") represents a contingent right to receive 1 share"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
Class A-1 Common Stock financial
"to receive 1 share of the Issuer's Class A-1 Common Stock upon settlement"
Class A-1 common stock is a specific type of ordinary share in a company whose exact voting power, dividend rights and transfer rules are set out in the company’s charter. It represents an ownership stake but may carry different rights than other share classes, so two shares with different labels are not always equal. For investors it matters because the share class determines how much influence you have, what income you may receive and how easily you can sell—think of it like different membership tiers that grant varying levels of access and benefits.
vesting financial
"1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Accel Entertainment (ACEL) report for Christen Kozlik?
Accel Entertainment reported that Chief Accounting Officer Christen Kozlik received 16,851 restricted stock units. These RSUs are a stock-based compensation award, not an open-market share purchase or sale, and give her a right to receive Class A-1 Common Stock in the future.
How many Accel Entertainment RSUs were granted to Christen Kozlik in this Form 4?
The filing shows a grant of 16,851 restricted stock units to Christen Kozlik. Each unit represents a right to receive one share of Accel Entertainment’s Class A-1 Common Stock upon settlement, providing equity-based compensation instead of an immediate cash transaction.
What is the vesting schedule for Christen Kozlik’s Accel Entertainment RSU award?
One-third of the shares underlying the 16,851 RSUs will vest on each of the first three anniversaries of February 25, 2026. Vesting on each date requires Kozlik to remain in service with Accel Entertainment through that specific vesting anniversary.
Does Christen Kozlik pay cash for the Accel Entertainment RSUs reported in this filing?
No cash payment is required for these RSUs. The filing states each restricted stock unit represents a contingent right to receive one share of Class A-1 Common Stock upon settlement for no consideration, making this a non-cash equity compensation grant.
What is Christen Kozlik’s reported Accel Entertainment RSU position after this transaction?
After the reported grant, the Form 4 lists Christen Kozlik as holding 16,851 restricted stock units directly. These RSUs correspond to an equal number of potential shares of Class A-1 Common Stock, subject to the vesting conditions described in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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