Andrew H. Rubenstein, Chairman and 10% owner of Accel Entertainment, Inc. (NYSE:ACEL), filed a Form 4 on November 6, 2026, disclosing the sale of 40,000 shares of Class A-1 Common Stock on November 4, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Transaction date: 40,000 shares of Class A-1 Common Stock were disposed of on November 4, 2026, with transaction code "S" (sale).
  • Weighted average price: Shares were sold at a weighted average price of $12.9407, with individual transaction prices ranging from $12.525 to $13.33, inclusive.
  • Remaining holdings: Following the transaction, Rubenstein directly beneficially owns 4,012,325 shares of Class A-1 Common Stock.
  • 10b5-1 plan: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Rubenstein on December 26, 2024.
  • Reporting person roles: Rubenstein is identified in the filing as a Director, 10% Owner, and Chairman of Accel Entertainment, Inc.

Rubenstein's November 2026 Sale Under Pre-Established Trading Plan

According to the filing, Andrew H. Rubenstein sold 40,000 shares of Accel Entertainment Class A-1 Common Stock on November 4, 2026. The sale was made directly and carried transaction code "S." The reported weighted average price was $12.9407 per share, with individual sales occurring at prices ranging from $12.525 to $13.33, inclusive. The filing states that Rubenstein undertakes to provide full information regarding the number of shares sold at each separate price within the range upon request by the issuer, any security holder, or SEC staff.

The filing discloses that the transaction was executed under a Rule 10b5-1 trading plan that Rubenstein adopted on December 26, 2024. The plan, according to the filing, included a representation from Rubenstein to the administering broker that he was not in possession of any material nonpublic information regarding the issuer or the securities subject to the plan as of the date of adoption. The filing further notes that this representation "speaks only as of that date" and that no assurance is given regarding material nonpublic information of which Rubenstein was unaware or that was acquired after the representation was made.

Following the reported transaction, the filing states that Rubenstein directly and beneficially owns 4,012,325 shares of Class A-1 Common Stock. No derivative securities transactions were reported in the filing. The Form 4 was signed on November 6, 2026, by Derek Harmer as attorney-in-fact for Andrew Rubenstein.

What Was Disclosed

The filing reports a single disposition of 40,000 shares of Accel Entertainment Class A-1 Common Stock by Chairman and 10% owner Andrew H. Rubenstein on November 4, 2026, at a weighted average price of $12.9407, executed under a pre-established 10b5-1 trading plan.