Rubenstein Gordon 4
Research Summary
AI-generated summary
Accel Entertainment Director Rubenstein Receives RSU Award
What Happened
Rubenstein Gordon, a director of Accel Entertainment, was granted 27,829 restricted stock units (RSUs) on March 19, 2026. The award is reported as an acquisition (derivative) at $0.00 per unit (no cash paid). Per the filing, each RSU represents a contingent right to one share of the company’s Class A-1 common stock upon settlement.
Key Details
- Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (timely filing).
- Security/amount: 27,829 RSUs granted; reported acquisition price $0.00.
- Vesting: 100% of the RSUs vest on December 31, 2026, subject to continued service. (Footnotes F1 & F2)
- Post-transaction holdings: Not specified in the supplied filing details.
- Transaction code: A (award/grant); this is an equity award, not an open-market purchase or sale.
Context
RSUs are a form of deferred compensation: they do not represent immediate share ownership until they vest and are settled, and they can be forfeited if the director leaves before the vesting date. Such grants are common for directors and employees and are not direct purchases or sales of stock; they typically dilute existing shareholders only when settled. This filing reports the grant itself and does not indicate any immediate cash transaction or sale.
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