Welcome to our dedicated page for Brightstar Lottery PLC SEC filings (Ticker: BRSL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Brightstar Lottery PLC's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time SEC filing updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Brightstar Lottery PLC's regulatory disclosures and financial reporting.
Brightstar Lottery PLC (BRSL) has launched a liability management transaction involving a tender offer for any and all of the Regulation S interests in its outstanding €500,000,000 2.375% Senior Secured Notes due 2028, alongside a benchmark offering of new euro-denominated senior secured notes due 2032. The New Notes will be guaranteed on a senior basis by certain wholly owned subsidiaries and application has been made to list them on the Official List of Euronext Dublin and admit them to trading on the Global Exchange Market.
Brightstar intends to use the gross proceeds of the New Notes to fund the purchase of Notes tendered in the offer (including accrued and unpaid interest), repay utilizations under its senior revolving credit facilities, and pay related fees and expenses, with the stated purpose of extending the weighted average maturity of its debt. The purchase price for Notes tendered and accepted is €990.00 per €1,000 principal amount, plus accrued interest. The offer launched on September 8, 2026, has a tender deadline of 4:00 p.m. (London time) on September 15, 2026, and the settlement date is expected to be September 18, 2026, all subject to general conditions and a financing condition tied to successful issuance of the New Notes, which Brightstar may waive in its discretion.
Lazard Asset Management LLC reported a significant ownership position in Brightstar Lottery PLC ordinary shares. As of June 30, 2026, Lazard beneficially owned 10,064,553 equity shares of Brightstar Lottery PLC, representing 5.5% of the outstanding class.
Lazard Asset Management holds sole voting power and sole dispositive power over all 10,064,553 shares, with no shared voting or dispositive authority. The position is held through Lazard Asset Management LLC, organized in New York, with its principal business office at 30 Rockefeller Plaza in New York.
Brightstar Lottery PLC reported that it repurchased a total of 945,593 ordinary shares under its previously announced $500 million share repurchase program of July 1, 2025. The shares, each with a nominal value of $0.10, were bought in three separate transactions.
The company purchased 91,900 shares on 07/17/2026 at prices between $10.72 and $10.98, 472,200 shares on 07/24/2026 between $10.21 and $11.03, and 381,493 shares on 08/03/2026 between $10.10 and $10.66. The aggregate amount paid was $9,999,995.34, and the repurchased shares are being held in treasury.
Brightstar Lottery PLC reported H1 2026 total revenue of $1,171 million, a 4% decline, but income from continuing operations improved to $119 million from a loss a year earlier, with diluted EPS from continuing operations of $0.37. Q2 revenue was $584 million and net income attributable to the company was $33 million.
Profitability benefited from a favorable foreign-exchange movement versus a prior-year loss, lower restructuring and tax expense, and cost savings from the OPtiMa programs, partly offset by higher amortization of the new Italian Lotto license. Operating cash flow from continuing operations was an outflow of $1,174 million, mainly due to the final $1,675 million Italian Lotto license payment, reducing cash and equivalents to $558 million and total available liquidity to $1,742 million.
The company entered senior secured multicurrency revolving credit facilities totaling $650 million and €1.0 billion maturing in 2031, used in part to refinance term debt. It continued shareholder returns through $85 million of dividends in H1 2026 and repurchased about 3.6 million shares, leaving $186 million authorized under its buyback program.
Brightstar Lottery PLC reported second-quarter 2026 revenue of $584 million, down from $631 million a year earlier, as higher non-cash service revenue amortization and a U.K. contract transition offset global same-store sales growth. Income from continuing operations improved to $56 million from a loss of $60 million, with diluted EPS of $0.18. Adjusted EBITDA rose 4% to $286 million, lifting the margin to 48.9%.
Operating cash flow from continuing operations was $(1,340) million, and free cash flow was $(1,461) million, driven primarily by the final $1.67 billion Italy Lotto license payment (BRSL share $1.03 billion). Net debt was $3.79 billion, with net debt leverage of 3.24x and liquidity of $1.7 billion. The company deployed over $140 million year-to-date to shareholders, including $85 million in dividends and $55 million in buybacks, and declared a quarterly dividend of $0.23 per share, payable September 1, 2026 to holders of record on August 18, 2026.
Management upgraded OPtiMa cost-savings targets to $100 million annually by 2028 and reaffirmed full-year 2026 guidance for revenue of $2.50–$2.55 billion, Adjusted EBITDA of $1.16–$1.19 billion, cash from operations of ~$(900) million/$750 million including/excluding the Lotto payment, and CapEx of $450–$475 million.
Brightstar Lottery PLC Chief Executive Officer Vincent L. Sadusky exercised restricted share units into 47,005 ordinary shares on July 14, 2026. Of these, 19,905 shares were delivered to cover tax liabilities at $10.7100 per share.
After these transactions, he directly holds 436,646 ordinary shares and reports 12,710 ordinary shares held by the Vincent L. Sadusky Revocable Trust, for which he disclaims beneficial ownership except to the extent of his pecuniary interest. He also has 94,010 restricted share units outstanding that vest in three substantially equal annual installments on July 14 of 2026, 2027 and 2028 and have no expiration date.
Brightstar Lottery PLC reported that Executive VP and CFO Chiara Massimiliano exercised restricted share units into 23,881 ordinary shares on July 14, 2026. To cover tax obligations, 11,511 shares were withheld at $10.7100 per share as a non-market disposition. Following these transactions, she directly holds 290,502 ordinary shares and 47,760 restricted share units, which vest in three substantially equal annual installments on July 14 of 2026, 2027 and 2028.
Brightstar Lottery PLC executive VP and general counsel Christopher Clark Spears had 10,344 restricted share units convert into ordinary shares on July 14, 2026. Of those, 4,381 shares were withheld to satisfy tax liabilities at $10.71 per share. After these compensation-related transactions, he holds 125,537 ordinary shares directly and 20,690 restricted share units. Each restricted share unit represents a right to receive one ordinary share and vests in three substantially equal annual installments on July 14 of 2026, 2027 and 2028.
Brightstar Lottery PLC executive Morgan David Thomas, SVP and Chief Accounting Officer, reported compensation-related equity activity. On 14 July 2026, he exercised restricted share units covering 3,538 ordinary shares, and 1,074 shares were withheld to satisfy tax liability. Following these entries, he is reported as directly holding 27,015 ordinary shares and 7,078 restricted share units, which vest in three substantially equal annual installments on July 14 of 2026, 2027 and 2028.
Tasso Marco, EVP and COO, Global Lottery at Brightstar Lottery PLC, reported compensation-related equity transactions on July 14, 2026. He converted 3291 restricted share units into ordinary shares, with 1416 shares withheld to cover taxes at $11.04 per share. Following these events he directly holds 57142 ordinary shares and 6584 restricted share units, which vest in three substantially equal annual installments on July 14 of 2026, 2027 and 2028.