Director Ruttenberg sells 10,000 ACEL shares at $11.53, realizing $21,860 gain on 2020 purchase
Director David W. Ruttenberg executed 2 separate transactions in this Form 4 filing: a purchase of 10,000 shares at $9.34 on 2020-05-20 ($93,400.00) and a sale of 10,000 shares at $11.53 on 2026-03-10 ($115,260.00). The sale closed the position opened nearly six years prior at a gross profit of $21,860.00. Current price of $11.45 sits 12.3% below the 52-week high of $13.06, suggesting the insider sold near a local peak relative to recent trading ranges. The company's fundamentals remain stable with annual revenue growth of 8.1%, P/E of 15.68, and latest quarterly revenue of $329,693,000.00, indicating the divestiture reflects position management rather than fundamental deterioration at the company.