Director at Brightstar Lottery (BRSL) exercises RSUs, withholds shares for taxes and receives new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brightstar Lottery PLC director Ravich Samantha Fay reported compensation-related share movements. On May 12, 2026, 14,801 restricted share units were exercised into ordinary shares, with 1,564 shares withheld at $11.55 to cover tax liabilities. Following these transactions, Fay directly owned 67,594 ordinary shares.
In addition, Fay received a new award of 17,316 restricted share units, each representing a right to one ordinary share. One RSU award vests on May 12, 2026, and the new grant vests on May 11, 2027. These actions reflect equity compensation and tax withholding rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,801 shares exercised/converted
Mixed
4 txns
Insider
Ravich Samantha Fay
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 | 1,564 | $11.55 | $18K |
Holdings After Transaction:
Restricted Share Units — 17,316 shares (Direct, null);
Ordinary Share — 69,158 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
RSUs exercised: 14,801 shares
Shares withheld for taxes: 1,564 shares at $11.55
Direct holdings after transactions: 67,594 shares
+3 more
6 metrics
RSUs exercised
14,801 shares
Restricted share units converted into ordinary shares on May 12, 2026
Shares withheld for taxes
1,564 shares at $11.55
Tax-withholding disposition related to RSU vesting
Direct holdings after transactions
67,594 shares
Ordinary shares directly owned following Form 4 transactions
New RSU grant
17,316 units
Restricted share units granted, each for one ordinary share
Existing RSU vesting date
May 12, 2026
RSU award vesting into ordinary shares
New RSU vesting date
May 11, 2027
New restricted share unit award vesting date
Key Terms
Restricted Share Units, tax-withholding disposition, derivative exercise/conversion, contingent right, +1 more
5 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 1,564 shares"
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 exercise/conversion financial
"transaction_action: "derivative exercise/conversion" of RSUs into ordinary shares"
contingent right financial
"Each restricted share unit represents a contingent right to receive one ordinary share"
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for new RSUs"
FAQ
What insider transactions did BRSL director Ravich Samantha Fay report?
Ravich Samantha Fay reported exercising 14,801 restricted share units into ordinary shares and a tax-withholding disposition of 1,564 shares at $11.55. She also received a new grant of 17,316 restricted share units as part of her equity compensation.
What new equity award did Ravich Samantha Fay receive from Brightstar Lottery (BRSL)?
She received a grant of 17,316 restricted share units, each representing a contingent right to one ordinary share. According to the filing, this new RSU award will vest on May 11, 2027, subject to the award’s vesting conditions.
What does the tax-withholding disposition mean in the BRSL Form 4?
The tax-withholding disposition reflects 1,564 shares withheld at $11.55 to pay tax liabilities related to the RSU vesting. This is a standard administrative step where shares are delivered back to the issuer instead of paying taxes in cash.