4//SEC Filing
Ruttenberg David W. 4
Accession 0001628280-25-017751
CIK 0001698991other
Filed
Apr 13, 8:00 PM ET
Accepted
Apr 14, 9:08 PM ET
Size
13.9 KB
Accession
0001628280-25-017751
Insider Transaction Report
Form 4
Ruttenberg David W.
Director
Transactions
- Sale
Class A-1 Common Stock
2025-04-14$11.01/sh−12,500$137,579→ 463,026 total(indirect: See Footnote) - Award
Restricted Stock Unit (RSU)
2025-04-10+12,999→ 12,999 total→ Class A-1 Common Stock (12,999 underlying) - Award
Restricted Stock Unit (RSU)
2025-04-10+8,041→ 8,041 total→ Class A-1 Common Stock (8,041 underlying) - Sale
Class A-1 Common Stock
2025-04-14$11.01/sh−12,500$137,588→ 323,135 total(indirect: See Footnote)
Footnotes (8)
- [F1]The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2023 (and to which each of Crilly Court Trust and Grant Place Fund LLC is a party). 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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.04, 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.
- [F3]Securities are held by Grant Place Fund LLC, of which the Reporting Person is the Manager. The Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.035, 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.
- [F5]Securities are held by the Crilly Court Trust, of which the Reporting Person is a beneficiary. The Reporting Person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
- [F6]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.
- [F7]100% of the RSUs will vest on December 31, 2025, subject to the Reporting Person's continued service to the Issuer on the vesting date.
- [F8]Represents RSUs granted pursuant to the Reporting Person's election to defer receipt of his or her annual cash retainer and chair and/or committee member fees in the form of RSUs. 100% of the RSUs will vest on December 31, 2025, subject to the Reporting Person's continued service to the Issuer on the vesting date.
Documents
Issuer
Accel Entertainment, Inc.
CIK 0001698991
Entity typeother
Related Parties
1- filerCIK 0001794305
Filing Metadata
- Form type
- 4
- Filed
- Apr 13, 8:00 PM ET
- Accepted
- Apr 14, 9:08 PM ET
- Size
- 13.9 KB