Accel Entertainment (ACEL) CEO sells 3,938 shares, holds 3.96M

Rhea-AI Filing Summary

Accel Entertainment CEO and President Andrew H. Rubenstein sold 3,938 shares of Class A-1 common stock in an open-market transaction at a weighted average price of about $11.23 per share. After this sale, he directly holds 3,956,368 shares.

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).

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^*

Rubenstein Andrew H.

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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	03/17/2026		S		3,938	D	$11.2299(1)	3,956,368	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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.16 to $11.32, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Remarks:

	/s/ Derek Harmer, Attorney-in-Fact for Andrew Rubenstein	03/19/2026
	** 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 Andrew Rubenstein?

Accel Entertainment CEO Andrew H. Rubenstein sold 3,938 shares of Class A-1 common stock. The open-market sale used a weighted average price based on multiple trades, and he continues to hold 3,956,368 shares directly after the transaction.

At what price did Andrew Rubenstein sell Accel Entertainment (ACEL) shares?

Andrew Rubenstein’s sale used a weighted average price of $11.2299 per share. The shares were sold in multiple transactions, with individual prices ranging from $11.16 to $11.32, as disclosed in the filing’s pricing footnote.

How many Accel Entertainment (ACEL) shares does Andrew Rubenstein hold after the sale?

After selling 3,938 shares, Andrew Rubenstein directly holds 3,956,368 shares of Accel Entertainment Class A-1 common stock. This remaining position shows he continues to have a substantial ownership stake following the disclosed open-market transaction.

What type of transaction did Andrew Rubenstein execute in Accel Entertainment (ACEL) stock?

Andrew Rubenstein executed an open-market sale of Accel Entertainment Class A-1 common stock. The transaction is classified as a non-derivative sale, meaning it involved common shares directly rather than options, warrants, or other derivative securities.

Did Andrew Rubenstein’s Accel Entertainment (ACEL) trade involve derivatives or options?

The disclosed transaction involved only non-derivative Class A-1 common stock. No options, warrants, or other derivative securities were reported as exercised, converted, or traded, and there were no derivative positions listed as part of this particular filing.

How was the sale price range for Andrew Rubenstein’s Accel Entertainment (ACEL) trade described?

The sale price was reported as a weighted average in the filing. Footnotes specify that individual trades occurred between $11.16 and $11.32 per share, and full details by price level are available upon request from the company or regulators.