Rubenstein Gordon 4
4 · Accel Entertainment, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Accel Entertainment (ACEL) Director Rubenstein Gordon Sells Shares
What Happened Rubenstein Gordon, a director of Accel Entertainment, sold a total of 469,885 shares in a series of open-market transactions between March 6 and March 10, 2026, for aggregate proceeds of roughly $5.39 million. Individual reported trades include 60,952 shares ($716.1K), 228,262 shares ($2.60M), two small blocks of 2,250 shares each ($25.8K each), and 176,171 shares ($2.02M). These were disposals (sales), not purchases or option exercises.
Key Details
- Transaction dates and reported amounts:
- 2026-03-06: 60,952 shares — reported $11.75 average — $716,113 proceeds
- 2026-03-09: 228,262 shares — reported $11.37 average — $2,596,092 proceeds
- 2026-03-10: 2,250 shares — reported $11.46 — $25,780 proceeds
- 2026-03-10: 2,250 shares — reported $11.46 — $25,780 proceeds
- 2026-03-10: 176,171 shares — reported $11.48 — $2,022,725 proceeds
- Reported total: 469,885 shares sold for approximately $5.39 million.
- Footnotes: Filings note weighted-average prices and that some blocks were executed in multiple trades at price ranges reported between about $11.15 and $11.885. One footnote states these shares are held by Fund Indy LLC (the reporting person is the sole member) and disclaims beneficial ownership except to the extent of pecuniary interest.
- Shares owned after transaction: Not specified in the provided excerpt.
- Filing timeliness: Form was filed on Mar 10, 2026 and covers trades from Mar 6–10; timeliness status (e.g., late filing flag) is not indicated in the data provided.
Context
- These entries are open-market sales by a company director. Sales by insiders can be routine (liquidity/tax reasons) and do not by themselves indicate the director’s view of company prospects. The presence of holdings via an LLC and weighted-average price footnotes means some trades were executed in multiple fills at slightly different prices.
Insider Transaction Report
Form 4
Rubenstein Gordon
Director
Transactions
- Sale
Class A-1 Common Stock
[F1][F2]2026-03-06$11.75/sh−60,952$716,113→ 542,165 total(indirect: See Footnote) - Sale
Class A-1 Common Stock
[F3][F2]2026-03-09$11.37/sh−228,262$2,596,092→ 313,903 total(indirect: See Footnote) - Sale
Class A-1 Common Stock
[F4]2026-03-10$11.46/sh−2,250$25,780→ 250 total(indirect: By daughter (E. Rubenstein)) - Sale
Class A-1 Common Stock
[F4]2026-03-10$11.46/sh−2,250$25,780→ 250 total(indirect: By daughter (S. Rubenstein)) - Sale
Class A-1 Common Stock
[F5][F2]2026-03-10$11.48/sh−176,171$2,022,725→ 137,732 total(indirect: See Footnote)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.69 to $11.885, 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.
- [F2]Securities are held by Fund Indy LLC, of which the Reporting Person is the sole Member. 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.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.15 to $11.55, 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.
- [F4]The price reported in Column 4 is a weighted average price. 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.30 to $11.65, 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.
Signature
/s/ Derek Harmer, Attorney-in-fact for Gordon Rubenstein|2026-03-10