Peterson Karl Mr. 4
Research Summary
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Accel Entertainment (ACEL) Director Karl Peterson Receives RSU Award
What Happened Karl Peterson, a director of Accel Entertainment, received a grant of 26,808 restricted stock units (RSUs) on March 19, 2026. The grant is recorded at $0.00 per unit (no cash purchase); each RSU is a contingent right to one share of Class A-1 common stock upon settlement. The award is a derivative compensation grant (transaction code A) rather than an open-market buy or sell.
Key Details
- Transaction date and price: 2026-03-19; 26,808 RSUs @ $0.00 (grant).
- Shares owned after transaction: Not disclosed in the supplied filing details.
- Footnotes: F1 — each RSU converts to 1 share upon settlement for no consideration; F2 — 100% of RSUs vest on December 31, 2026, contingent on Peterson’s continued service on that date.
- Filing timeliness: Form 4 filed 2026-03-23 for a 2026-03-19 grant; this filing date is within the typical two-business-day reporting window and is therefore timely.
Context RSU grants are a common form of executive/director compensation intended to align long-term interests with shareholders; because these RSUs vest in the future and no shares were sold or purchased on the open market, the grant does not reflect an immediate trading signal. The economic value to the insider will depend on Accel’s share price at settlement if and when the RSUs vest.
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