Rubenstein Gordon 4

What Happened Rubenstein Gordon, a director of Accel Entertainment, disposed of shares in two ways: he gifted 17,514 shares on March 10, 2026 (no proceeds) and sold a total of 160,561 shares in open-market transactions on March 11, 2026 for aggregate proceeds of about $1,827,212. The individual reported sales were: 2,655 shares at $11.46 ($30,420), 119,248 shares at $11.38 ($1,356,911), 3,212 shares at $11.38 ($36,548), and 35,446 shares at $11.38 ($403,333). These were dispositions (not purchases), which are often routine and do not necessarily signal management sentiment.

Key Details

• Transaction dates: Gift on 2026-03-10; sales on 2026-03-11; Form 4 filed 2026-03-12 (appears timely).
• Prices reported: sales executed at prices from $11.30 to $11.46 per footnote; weighted-average prices are shown in the filing.
• Shares sold: 160,561 (total); gift: 17,514.
• Proceeds: approximately $1,827,212 from the sales; gift generated $0.
• Shares owned after transaction: not specified in the information provided.
• Notable footnotes:
  • F1: Some securities are held by Fund Indy LLC, of which the reporting person is the sole member; he disclaims beneficial ownership except to the extent of his pecuniary interest.
  • F2/F3: Column 4 shows weighted-average prices; sales occurred at multiple prices (range $11.30–$11.46); the reporter can provide per-price breakdown on request.
• No 10b5-1 plan, option exercise, or tax-withholding notation is indicated in this summary.

Context Gifts of shares are transfers for estate/planning or personal reasons and do not necessarily indicate a view on the company. Open-market sales are common for liquidity or diversification and, by themselves, are not definitive evidence of negative insider sentiment. The filing’s footnote about Fund Indy LLC indicates some holdings are through an entity rather than direct individual ownership.