Director at Brightstar Lottery (BRSL) nets shares and new RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brightstar Lottery PLC director Heather Jane McGregor reported compensation-related share movements. She exercised 14,801 restricted share units into ordinary shares at a stated price of $0.00 per share and received a new award of 17,316 restricted share units.
To cover tax obligations on this vesting, 2,073 ordinary shares were withheld at $11.55 per share, which is a tax-withholding disposition rather than an open-market sale. After these transactions, she holds 67,573 ordinary shares directly, plus 17,316 restricted share units that represent a right to receive the same number of ordinary shares upon future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,801 shares exercised/converted
Mixed
4 txns
Insider
McGregor Heather Jane
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 17,316 | $0.00 | -- |
| Exercise | Restricted Share Units | 14,801 | $0.00 | -- |
| Exercise | Ordinary Share | 14,801 | $0.00 | -- |
| Tax Withholding | Ordinary Share | 2,073 | $11.55 | $24K |
Holdings After Transaction:
Restricted Share Units — 17,316 shares (Direct, null);
Ordinary Share — 67,573 shares (Direct, null)
Footnotes (1)
- Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest on May 12, 2026, and have no expiration date. Shares withheld for payment of tax liability. Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting. The restricted share units vest on May 11, 2027, and have no expiration date.
Key Figures
Shares withheld for taxes: 2,073 shares at $11.55
RSUs exercised: 14,801 restricted share units
New RSU grant: 17,316 restricted share units
+2 more
5 metrics
Shares withheld for taxes
2,073 shares at $11.55
Ordinary shares withheld for tax liability
RSUs exercised
14,801 restricted share units
Converted into ordinary shares at $0.00 per share
New RSU grant
17,316 restricted share units
Contingent right to receive ordinary shares upon vesting
Shares after transactions
67,573 ordinary shares
Direct holdings following Form 4 transactions
Outstanding RSUs
17,316 restricted share units
RSUs remaining after exercise and new award
Key Terms
Restricted Share Units, tax-withholding disposition, derivative security, grant, award, or other acquisition
4 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Heather Jane McGregor report for BRSL?
Heather Jane McGregor reported exercising 14,801 restricted share units into ordinary shares, receiving a new grant of 17,316 restricted share units, and having 2,073 ordinary shares withheld to cover tax liabilities, all as part of routine equity compensation activity.