Rotman Kenneth 4
4 · Accel Entertainment, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Accel Entertainment (ACEL) Director Kenneth Rotman Receives RSU Award
What Happened
Kenneth Rotman, a director of Accel Entertainment, received two restricted stock unit (RSU) awards on 2026-03-19 totaling 20,070 RSUs (13,914 RSUs + 6,156 RSUs). Each RSU represents a contingent right to one share of the company’s Class A-1 common stock upon settlement; the grants were recorded at $0.00 per RSU (no cash paid) and are reported as derivative awards. These are grants/awards, not purchases or sales.
Key Details
- Transaction date: March 19, 2026; Form 4 filed March 23, 2026 (timely).
- Awards: 13,914 RSUs (F1,F2) and 6,156 RSUs (F1,F3) — total 20,070 RSUs.
- Price: $0.00 per RSU (no cash transferred at grant).
- Vesting: 100% of the RSUs vest on December 31, 2026, subject to Rotman’s continued service (F2).
- Note: The 6,156 RSUs were granted pursuant to Rotman’s election to defer annual cash retainer and committee fees into RSUs (F3).
- Shares owned after the transaction: not specified in the filing.
Context
RSU grants are a form of compensation/retention and do not indicate an immediate buy or sell of stock. These RSUs will convert to actual shares only if/when they vest and are settled; until then they are contingent derivative awards. Director deferrals (electing RSUs instead of cash retainers) are a common practice and reflect compensation structuring rather than near-term trading activity.
Insider Transaction Report
- Award
Restricted Stock Unit (RSU)
[F1][F2]2026-03-19+13,914→ 13,914 total→ Class A-1 Common Stock (13,914 underlying) - Award
Restricted Stock Units (RSU)
[F1][F3]2026-03-19+6,156→ 6,156 total→ Class A-1 Common Stock (6,156 underlying)
Footnotes (3)
- [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]100% of the RSUs will vest on December 31, 2026, subject to the Reporting Person's continued service to the Issuer on the vesting date.
- [F3]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, 2026, subject to the Reporting Person's continued service to the Issuer on the vesting date.