secwatch.observer — SEC 8-K summary
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Issuer:     Accel Entertainment, Inc. (ACEL)
CIK:        0001698991
Form:       8-K
Filed at:   2023-03-17T23:59:59+00:00
Accession:  0001698991-23-000012
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Accel grants performance-based PSUs to CEO, CFO, and CCO with 3-year EBITDA targets
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- CEO Andrew Rubenstein granted 90,396 PSUs; CFO Mathew Ellis 19,774; CCO Derek Harmer 20,410.
- PSUs vest based on average annual adjusted EBITDA performance for 2023, 2024, 2025.
- Vesting ranges from 50% of target at 85% AEBITDA threshold to 200% at 115% maximum.
- Committee to set 2023 target AEBITDA in near future; awards under Long-Term Incentive Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698991/000169899123000012/0001698991-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698991/000169899123000012/acel-20230315.htm
  HTML page:      https://secwatch.observer/filing/0001698991-23-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer