Ruttenberg David W. 4

What Happened

• David W. Ruttenberg, a director of Accel Entertainment, reported an open-market sale of 10,000 shares of Class A-1 Common Stock on 2026-03-10 at a weighted-average price of $11.53 per share (total proceeds ≈ $115,260). The filing also corrects a prior omission by reporting that on 2020-05-20 the Aldine Trust purchased 10,000 shares at $9.34 per share (cost ≈ $93,400).

Key Details

• Transaction dates and prices:
  • 2020-05-20: Purchase (P) — 10,000 shares @ $9.34 each (≈ $93,400). (This purchase was inadvertently omitted from an earlier Form 4.)
  • 2026-03-10: Sale (S) — 10,000 shares sold at a weighted-average price of $11.53 each (≈ $115,260). Reported sale prices ranged from $11.5045 to $11.56; the filer can provide a breakdown on request.
• Shares owned after transaction: Not specified in the provided filing.
• Trust / ownership note: Shares are held by the Aldine Trust, of which Ruttenberg is a beneficiary; he disclaims beneficial ownership except to the extent of his pecuniary interest (footnote).
• Filing timeliness: The Form 4 was filed to report a 2020 purchase that had been inadvertently omitted (late reporting of the May 20, 2020 purchase).

Context

• The filing corrects an omission rather than signaling a new purchase at the time of filing. The reported sale in 2026 was executed across multiple trades (hence the weighted-average price). Based on the reported prices, the sale proceeds exceeded the earlier reported purchase cost by roughly $21,860, but the trust/beneficiary structure and the late reporting should be noted when assessing insider intent.