---
schema_version: "secwatch.filing_event.v1"
accession: "0001698991-25-000043"
form_type: "8-K"
ticker: "ACEL"
cik: "0001698991"
company_name: "Accel Entertainment, Inc."
filed_at: "2025-09-22T23:59:59+00:00"
generated_at: "2026-05-17T05:59:23.288841+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Accel Entertainment appoints Brett Summerer as Chief Financial Officer

## Summary
- Brett Summerer named CFO effective Sept 22; Mark Phelan returns to President, U.S. Gaming.
- Base salary $460k; target bonus 65% of base; target equity (50% RSUs, 50% PSUs) 115% of base beginning 2026.
- Sign-on grant of 40,000 RSUs vesting 50% on 2nd anniversary, 50% on 3rd anniversary.
- Severance for termination w/o cause or for good reason: base salary + prior year bonus + current target bonus, plus 12 months COBRA.
- If Covered Termination occurs within 12 months of Change in Control: pro-rated annual bonus and vesting acceleration for time-based equity.

## SEC filing metadata
- accession: 0001698991-25-000043
- form_type: 8-K
- ticker: ACEL
- cik: 0001698991
- company_name: Accel Entertainment, Inc.
- filed_at: 2025-09-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698991/000169899125000043/0001698991-25-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698991/000169899125000043/acel-20250922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698991-25-000043
- JSON: https://secwatch.observer/filing/0001698991-25-000043.json
- Plain text: https://secwatch.observer/filing/0001698991-25-000043.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.