STOCK TITAN
  1. Home
  2. Sec-filings
  3. BRSL
  4. [Form 4] Brightstar Lottery PLC Insider Trading Activity

Brightstar Lottery (BRSL) EVP gains shares from performance unit vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Brightstar Lottery PLC Executive VP and General Counsel Christopher Clark Spears reported routine equity compensation activity tied to performance share units. On May 1, 2026, he exercised awards covering 30,761 ordinary shares and had 10,712 shares withheld at $12.80 per share to cover tax liabilities, a non-market disposition. Following these transactions, he directly holds 112,932 ordinary shares, and retains 12,977 2023–2025 performance share units that remain outstanding under the company’s Long-Term Incentive Plan.

Positive

  • None.

Negative

  • None.
Insider Spears Christopher Clark
Role Executive VP/General Counsel
Type Security Shares Price Value
Exercise 2022-2024 Performance Share Units 17,788 $0.00 --
Exercise 2023-2025 Performance Share Units 12,973 $0.00 --
Exercise Ordinary Share 17,788 $0.00 --
Tax Withholding Ordinary Share 5,218 $12.80 $67K
Exercise Ordinary Share 12,973 $0.00 --
Tax Withholding Ordinary Share 5,494 $12.80 $70K
Holdings After Transaction: 2022-2024 Performance Share Units — 0 shares (Direct, null); 2023-2025 Performance Share Units — 12,977 shares (Direct, null); Ordinary Share — 112,932 shares (Direct, null)
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. Shares withheld for payment of tax liability.
Performance units exercised 30,761 shares Ordinary shares from performance share unit exercises on May 1, 2026
Tax-withholding shares 10,712 shares Shares withheld for tax liability at $12.80 per share
Post-transaction holdings 112,932 ordinary shares Direct ownership after May 1, 2026 transactions
Remaining PSUs 2023–2025 12,977 units Outstanding performance share units after reported exercises
Tax-withholding price $12.80 per share Value used to calculate shares withheld for tax liability
Performance share units financial
"Performance share units granted under the Issuer's Long-Term Incentive Plan for the three-year performance period"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
Long-Term Incentive Plan financial
"Performance share units granted under the Issuer's Long-Term Incentive Plan for the three-year performance period"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
tax liability financial
"Shares withheld for payment of tax liability."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Spears Christopher Clark
(Last)(First)(Middle)
10 MEMORIAL BOULEVARD
(Street)
PROVIDENCE RHODE ISLAND 02903
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Brightstar Lottery PLC [ BRSL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive VP/General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Share05/01/2026M17,788A(1)112,932D
Ordinary Share05/01/2026F5,218(2)D$12.8107,714D
Ordinary Share05/01/2026M12,973A(1)120,687D
Ordinary Share05/01/2026F5,494(2)D$12.8115,193D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
2022-2024 Performance Share Units(1)05/01/2026M17,788 (1) (1)Ordinary Share17,788(1)0D
2023-2025 Performance Share Units(1)05/01/2026M12,973 (1) (1)Ordinary Share12,973(1)12,977D
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. Shares withheld for payment of tax liability.
/s/ Rafael Rosillo, attorney-in-fact05/05/2026
** Signature of Reporting PersonDate
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 4 (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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Brightstar Lottery (BRSL) insider Christopher Clark Spears report on this Form 4?

He reported equity compensation activity, exercising performance share units into ordinary shares and having some shares withheld for taxes. The filing reflects vesting and settlement of long-term incentives rather than open-market buying or selling of Brightstar Lottery PLC stock.

How many Brightstar Lottery (BRSL) shares did Spears acquire through exercises?

He exercised performance share units covering 30,761 ordinary shares. These shares came from long-term incentive awards, not market purchases. The transaction converts previously granted performance share units into issued ordinary shares based on certified results for specified performance periods.

How many Brightstar Lottery (BRSL) shares were withheld for taxes in this filing?

A total of 10,712 ordinary shares were withheld at $12.80 per share for tax liabilities. These F-code transactions are tax-withholding dispositions, meaning shares were surrendered to satisfy tax obligations rather than sold in the open market.

What is Christopher Clark Spears’ Brightstar Lottery (BRSL) shareholding after these transactions?

After the reported transactions, Spears directly holds 112,932 ordinary shares of Brightstar Lottery PLC. This reflects his position following the exercise of performance share units and the related tax-withholding share dispositions reported on the Form 4.

What are Brightstar Lottery (BRSL) performance share units mentioned in the Form 4?

The filing describes performance share units granted under the Long-Term Incentive Plan for three-year periods. Each unit is a contingent right to receive one ordinary share upon vesting, does not accrue dividends, and vests 50% in each of two years after performance certification.

How many Brightstar Lottery (BRSL) performance share units remain outstanding for Spears?

After these transactions, 12,977 2023–2025 performance share units remain outstanding for Spears. The 2022–2024 performance share unit award was fully exercised, leaving no remaining units from that earlier three-year performance period.