Accel (ACEL) CCO Derek Harmer Sells 39,486 Shares

What Happened
Derek Harmer, Chief Compliance Officer of Accel Entertainment, sold a total of 39,486 shares in two open-market transactions, generating approximately $458,781 in proceeds. On 2026-09-11 he sold 26,324 shares for reported proceeds of $306,048 (weighted-average price $11.63). On 2026-09-14 he sold 13,162 shares for reported proceeds of $152,733 (weighted-average price $11.60). These were sales (S) rather than purchases.

Key Details

• Transaction dates and prices:
  • 2026-09-11: 26,324 shares sold; weighted-average price $11.63; proceeds $306,048. (Footnote F1: actual sale prices ranged $11.60–$11.658.)
  • 2026-09-14: 13,162 shares sold; weighted-average price $11.60; proceeds $152,733. (Footnote F2: actual sale prices ranged $11.60–$11.61.)
• Total sold: 39,486 shares for roughly $458,781.
• Shares owned after transaction: Not specified in the provided Form 4.
• Filing: Form 4 filed on 2026-09-15 reporting trades on 9/11 and 9/14. Insiders generally must file within two business days of a transaction, so this filing may be untimely (the Form shows transactionTimeliness = L).
• No 10b5-1 trading plan, option exercise, gift, or tax-withholding note was disclosed in the provided filing.

Context
Sales by company officers can be routine (liquidity, diversification, tax purposes) and do not by themselves indicate company outlook. Purchases are often viewed as a stronger signal of insider confidence; this filing documents disposition only. The filing’s footnotes note that the reported prices are weighted averages and that the reporting person can provide a breakdown of the exact prices on request.