Kondra Cheryl 4

What Happened

• Cheryl Kondra, a director of Accel Entertainment, was granted two restricted stock unit (RSU) awards on 2026-03-19 totaling 23,412 RSUs (13,914 RSUs and 9,498 RSUs). Each RSU represents a contingent right to one share of the company's Class A-1 common stock upon settlement. The grants were reported at $0.00 per RSU (no cash consideration at grant) and are recorded as derivative awards (transaction code A).

Key Details

• Transaction date: March 19, 2026; Form 4 filed March 23, 2026 (timely).
• Grants: 13,914 RSUs and 9,498 RSUs; combined total 23,412 RSUs; reported price $0.00.
• Vesting: 100% of the RSUs vest on December 31, 2026, subject to Kondra’s continued service on that date (per footnotes).
• Footnotes: F1—each RSU converts to 1 share upon settlement for no consideration; F2—100% vesting on 12/31/2026 contingent on service; F3—one grant represents deferral of annual cash retainer/fees into RSUs (also vesting 12/31/2026).
• Shares owned after the transaction: not reported in the provided excerpt.

Context

• These awards are compensation-related RSUs (not open-market purchases or sales) and do not involve immediate cash changing hands. They are contingent on continued service through the vesting date and are commonly used to align director incentives with shareholder value.