Accel (ACEL) COO’s 25,000-share Rule 10b5-1 stock sale detailed

Rhea-AI Filing Summary

Accel Entertainment executive Mark T. Phelan, COO and President, U.S. Gaming, sold 25,000 shares of Class A-1 Common Stock at $13.00 per share in an open-market transaction. After the sale, he directly holds 241,464 shares. The sale was executed under a pre-established Rule 10b5-1 trading plan adopted on March 13, 2026, which included a representation that he was not aware of material nonpublic information at the time the plan was adopted.

Insider Trade Summary 10b5-1

Net Seller: 25,000 shares ($325,000)

Net Sell 1 txn

Insider Phelan Mark T.

Role COO, President, U.S. Gaming

Sold 25,000 shs ($325K)

Type	Security	Shares	Price	Value
Sale	Class A-1 Common Stock	25,000	$13.00	$325K

Holdings After Transaction: Class A-1 Common Stock — 241,464 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 25,000 shares Sale price: $13.00 per share Shares after sale: 241,464 shares +1 more

4 metrics

Shares sold 25,000 shares Open-market sale on June 15, 2026

Sale price $13.00 per share Price for Class A-1 Common Stock sold

Shares after sale 241,464 shares Directly owned following the transaction

Net shares sold 25,000 shares Net sell direction in transaction summary

Key Terms

Rule 10b5-1 trading plan, material nonpublic information, Class A-1 Common Stock, open-market sale

4 terms

Rule 10b5-1 trading plan regulatory

"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

material nonpublic information regulatory

"The 10b5-1 plan included a representation ... not in possession of any material nonpublic information regarding the Issuer"

Nonpublic information is specific, important news about a company or its securities that has not been shared with the general public and that a reasonable investor would consider likely to affect the company’s stock price. It matters to investors because using or sharing that information to buy or sell securities can give an unfair advantage and is often illegal; think of it like having the exam answers before a test, which undermines a fair playing field for everyone.

Class A-1 Common Stock financial

"security_title: Class A-1 Common Stock"

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.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Phelan Mark T.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO, President, U.S. Gaming

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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
Class A-1 Common Stock	06/15/2026		S		25,000(1)	D	$13	241,464	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

Explanation of Responses:

1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026. The 10b5-1 plan included a representation from the Reporting Person to the broker administering the plan that the Reporting Person was not in possession of any material nonpublic information regarding the Issuer or the securities subject to the plan. That representation was made as of the date of the adoption of the 10b5-1 plan, and speaks only as of that date. In making that representation, there is no assurance with respect to any material nonpublic information of which the Reporting Person was unaware, or with respect to any material nonpublic information acquired by the Reporting Person after the date of the representation.

Remarks:

	/s/Derek Harmer, Attorney-in-Fact for Mark T. Phelan	06/15/2026
	** 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) report for Mark T. Phelan?

Accel Entertainment reported that Mark T. Phelan sold 25,000 shares of Class A-1 Common Stock at $13.00 per share. The transaction was an open-market sale and left him with 241,464 shares directly owned after completion.

What is Mark T. Phelan’s role at Accel Entertainment (ACEL)?

Mark T. Phelan is the Chief Operating Officer and President, U.S. Gaming, at Accel Entertainment. His Form 4 filing reflects a personal open-market stock sale while he continues to hold a substantial remaining equity position in the company’s Class A-1 Common Stock.

How many Accel Entertainment shares does Mark T. Phelan own after this sale?

After selling 25,000 shares, Mark T. Phelan directly owns 241,464 shares of Accel Entertainment Class A-1 Common Stock. This figure, disclosed in the Form 4, shows his continuing significant ownership stake following the reported open-market transaction.

At what price were Mark T. Phelan’s Accel Entertainment shares sold?

The 25,000 Accel Entertainment shares were sold at $13.00 per share in an open-market transaction. This disclosed price allows investors to calculate the approximate transaction value and understand the scale of the sale relative to his remaining holdings.

Was Mark T. Phelan’s Accel Entertainment stock sale under a Rule 10b5-1 plan?

Yes. The filing states the shares were sold under a Rule 10b5-1 trading plan adopted on March 13, 2026. Such plans prearrange trades and include a representation that the insider was not aware of material nonpublic information when the plan was adopted.