Mark Phelan, an affiliate of Accel Entertainment Inc., filed a Form 144 notice of proposed sale of securities with the SEC on November 2, 2026, disclosing plans to sell 25,000 shares of Accel Entertainment common stock through Merrill Lynch.

Key Highlights

  • Seller: Mark Phelan, identified in the filing as an affiliate of Accel Entertainment Inc. (NYSE:ACEL)
  • Shares proposed for sale: 25,000 shares of common stock, with an aggregate market value of $300,000
  • Approximate date of sale: November 2, 2026
  • Shares outstanding: 81,567,064 shares of common stock, according to the filing
  • Acquisition source: The 25,000 shares were acquired via RSU vesting from the issuer on July 13, 2021, with payment made in cash on the same date
  • Rule 10b5-1 plan: The filing indicates a trading plan adoption date of March 13, 2026
  • Prior three-month sales: The filing reports nothing to disclose for securities sold in the past three months

Accel Entertainment Affiliate Mark Phelan Discloses Proposed Common Stock Sale

According to the Form 144 filing, Mark Phelan, listed as an affiliate of Accel Entertainment Inc., intends to sell 25,000 shares of the company's common stock. The proposed transaction is to be executed through Merrill Lynch, located at 1033 Skokie Blvd Suite 500, Northbrook, Illinois 60062. The aggregate market value of the shares proposed for sale is reported as $300,000, and the approximate date of the sale is listed as November 2, 2026.

The filing discloses that the 25,000 shares subject to the proposed sale were originally acquired through RSU vesting from the issuer on July 13, 2021, with cash payment also recorded on that date. At the time of filing, Accel Entertainment had 81,567,064 shares of common stock outstanding, according to the notice. The filing also states that no securities of the issuer were sold by Phelan during the past three months, as indicated by the "Nothing to Report" entry in the securities sold section.

The notice indicates a Rule 10b5-1 trading plan adoption date of March 13, 2026. By signing the form, the filer represents, as of the plan adoption date, that he did not know any material adverse information regarding the current and prospective operations of Accel Entertainment that had not been publicly disclosed, as stated in the filing's attestation language. The issuer is headquartered at 140 Tower Drive, Burr Ridge, Illinois 60527.

What Was Disclosed

Accel Entertainment affiliate Mark Phelan filed a Form 144 on November 2, 2026, disclosing a proposed sale of 25,000 common shares, valued at $300,000 in aggregate, through Merrill Lynch, with shares originally acquired via RSU vesting in July 2021.