STOCK TITAN

Brightstar Lottery (BRSL) CFO discloses PSUs, RSUs and share holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Brightstar Lottery PLC Executive VP and CFO Chiara Massimiliano filed an initial ownership report showing equity incentives and share holdings. She holds performance share units tied to 2022-2024 and 2023-2025 results covering 43,000 and 73,260 underlying ordinary shares, plus 71,641 restricted share units and 240,082 ordinary shares. The performance share units vest in two installments after each three-year period, while the restricted share units vest in three annual installments on July 14 of 2026, 2027 and 2028.

Positive

  • None.

Negative

  • None.
Insider Chiara Massimiliano
Role Executive VP and CFO
Type Security Shares Price Value
holding 2022-2024 Performance Share Units -- -- --
holding 2023-2025 Performance Share Units -- -- --
holding Restricted Share Units -- -- --
holding Ordinary Share -- -- --
Holdings After Transaction: 2022-2024 Performance Share Units — 43,000 shares (Direct); 2023-2025 Performance Share Units — 73,260 shares (Direct); Restricted Share Units — 71,641 shares (Direct); Ordinary Share — 240,082 shares (Direct)
Footnotes (1)
  1. Performance share units granted under the Issuer's Long-Term Incentive Plan for the three-year performance period shown in Column 1, based on the Compensation Committee's certified results for that period. Each performance share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting, and has no expiration date. The performance share units do not accrue dividends. Following certification, the award vests 50% on May 1 of the year immediately after the performance period ends and 50% on May 1 of the following year. Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest in three substantially equal annual installments on July 14 of each of 2026, 2027 and 2028, and have no expiration date.
SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Chiara Massimiliano

(Last) (First) (Middle)
10 MEMORIAL BOULEVARD

(Street)
PROVIDENCE RI 02903

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/13/2026
3. Issuer Name and Ticker or Trading Symbol
Brightstar Lottery PLC [ BRSL ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Executive VP and CFO
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Share 240,082 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
2022-2024 Performance Share Units (1) (1) Ordinary Share 43,000 (1) D
2023-2025 Performance Share Units (1) (1) Ordinary Share 73,260 (1) D
Restricted Share Units (2) (2) Ordinary Share 71,641 (2) D
Explanation of Responses:
1. Performance share units granted under the Issuer's Long-Term Incentive Plan for the three-year performance period shown in Column 1, based on the Compensation Committee's certified results for that period. Each performance share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting, and has no expiration date. The performance share units do not accrue dividends. Following certification, the award vests 50% on May 1 of the year immediately after the performance period ends and 50% on May 1 of the following year.
2. Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest in three substantially equal annual installments on July 14 of each of 2026, 2027 and 2028, and have no expiration date.
/s/ Rafael Rosillo, attorney-in-fact 03/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Brightstar Lottery (BRSL) Form 3 for Chiara Massimiliano show?

The Form 3 shows initial ownership for Executive VP and CFO Chiara Massimiliano, including performance share units, restricted share units, and ordinary shares, all held directly as part of her equity-based compensation and share position in Brightstar Lottery PLC.

How many ordinary shares does the BRSL CFO directly hold according to the Form 3?

The filing reports 240,082 ordinary shares directly held by the CFO. This position is separate from her performance share units and restricted share units, which represent additional contingent rights to receive ordinary shares upon future vesting events.

What performance share units are reported for Brightstar Lottery (BRSL) CFO?

Chiara Massimiliano holds 2022-2024 and 2023-2025 performance share units, representing 43,000 and 73,260 underlying ordinary shares. These awards vest 50% on May 1 after the performance period ends and 50% on May 1 of the following year.

How do the restricted share units for BRSL CFO vest over time?

Each restricted share unit represents a right to one ordinary share. The 71,641 restricted share units vest in three substantially equal annual installments on July 14 of 2026, 2027, and 2028, providing a multi-year equity vesting schedule for the executive.

Do the Brightstar Lottery performance share units accrue dividends?

The filing states that the performance share units do not accrue dividends. They represent contingent rights to receive ordinary shares upon vesting, based on the Compensation Committee’s certified performance results over the specified three-year performance periods.

What is the exercise price and expiration for BRSL performance and restricted share units?

Both the performance share units and restricted share units have an exercise price of 0.0000 and no expiration date. They convert into ordinary shares only upon vesting under the terms of Brightstar Lottery PLC’s long-term incentive and equity award plans.