Accel Entertainment (NYSE: ACEL) CAO settles RSUs with 1,401 shares withheld for taxes

Rhea-AI Filing Summary

Accel Entertainment Chief Accounting Officer Christen Kozlik settled restricted stock units into common shares in a routine compensation-related transaction. On March 10, 2026, 4,798 RSUs converted into an equal number of Class A-1 Common shares for no cash consideration. To satisfy tax obligations, 1,401 of these shares were delivered back at $11.45 per share, leaving Kozlik with 11,906 Class A-1 Common shares held directly and 9,597 RSUs outstanding that will vest over time, 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)
03/10/2026

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	03/10/2026		M		4,798	A	$0	13,307	D
Class A-1 Common Stock	03/10/2026		F		1,401	D	$11.45	11,906	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 Unit (RSU)	(1)	03/10/2026		M			4,798	(2)	(2)	Class A-1 Common Stock	4,798	$0	9,597	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. 1/3 of the shares underlying the RSUs will vest on each of the first three anniversaries of the grant date, in each case subject to the Reporting Person's continued service to the Issuer on each vesting date.

Remarks:

	/s/ Derek Harmer, Attorney-in-fact for Christen Kozlik	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Accel Entertainment (ACEL) report for Christen Kozlik?

Accel Entertainment reported that Chief Accounting Officer Christen Kozlik settled 4,798 restricted stock units into Class A-1 Common Stock. A portion of the resulting shares was delivered to cover tax obligations, reflecting routine equity compensation rather than an open-market stock purchase or sale.

How many Accel Entertainment shares did Christen Kozlik receive and retain?

Kozlik received 4,798 shares of Class A-1 Common Stock upon RSU settlement. Of these, 1,401 shares were delivered for tax withholding at $11.45 per share, and 11,906 Class A-1 Common shares remained directly owned after the transactions, according to the Form 4 filing.

What happened to Christen Kozlik’s Accel Entertainment restricted stock units (RSUs)?

4,798 RSUs converted into an equal number of Class A-1 Common shares with a transaction code M, signifying derivative exercise. After this settlement, 9,597 RSUs remained outstanding, scheduled to vest over time subject to Kozlik’s continued service with Accel Entertainment.

How were taxes handled in Christen Kozlik’s Accel Entertainment equity transaction?

Taxes were handled through a share delivery mechanism coded F, indicating tax-withholding disposition. Specifically, 1,401 shares of Class A-1 Common Stock were delivered at $11.45 per share to satisfy tax liabilities arising from the RSU settlement, rather than being sold on the open market.

Is Christen Kozlik’s Form 4 for Accel Entertainment an open-market stock sale?

The Form 4 does not show an open-market stock sale. It records RSU settlement (code M) into common shares and a tax-withholding disposition (code F), where shares were delivered to cover tax obligations, which differs from voluntarily selling shares on a public market.