Brightstar Lottery EVP Exercises 30,761 Shares
Brightstar Lottery Executive VP/General Counsel Christopher Clark exercised 30,761 performance share units into the same number of ordinary shares on May 1, 2026, under the company’s long-term incentive plan.
Rhea-AI Filing Summary
Brightstar Lottery Executive VP/General Counsel Christopher Clark exercised 30,761 performance share units into the same number of ordinary shares on May 1, 2026, under the company’s long-term incentive plan. To cover taxes, 10,712 shares were withheld at $12.80 per share, leaving him with 115,193 ordinary shares held directly.
Positive
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Negative
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Insider Trade Summary
30,761 shares exercised/converted
Exercise
6 txns
Insider
Spears Christopher Clark
Role
Executive VP/General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022-2024 Performance Share Units | 17,788 | $0.00 | $0.00 |
| Exercise | 2023-2025 Performance Share Units | 12,973 | $0.00 | $0.00 |
| Exercise | Ordinary Share | 17,788 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Share | 5,218 | $12.80 | $67K |
| Exercise | Ordinary Share | 12,973 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Share | 5,494 | $12.80 | $70K |
Holdings After Transaction:
2022-2024 Performance Share Units — 0 contracts (Direct);
2023-2025 Performance Share Units — 12,977 contracts (Direct);
Ordinary Share — 115,193 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Shares withheld for payment of tax liability.
Key Figures
Performance units exercised: 30,761 shares
Shares withheld for taxes: 10,712 shares
Tax withholding price: $12.80 per share
+3 more
6 metrics
Performance units exercised
30,761 shares
Aggregate derivative exercises on 2026-05-01
Shares withheld for taxes
10,712 shares
Tax-withholding share dispositions on 2026-05-01
Tax withholding price
$12.80 per share
Price used for tax-withholding share dispositions
Post-transaction holdings
115,193 shares
Ordinary shares held directly after reported transactions
2022-2024 PSUs
17,788 units
2022-2024 performance share units exercised into ordinary shares
2023-2025 PSUs
12,973 units
2023-2025 performance share units exercised into ordinary shares
Key Terms
Performance share units, Long-Term Incentive Plan, tax-withholding disposition, contingent right
4 terms
Long-Term Incentive Plan financial
"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-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
contingent right financial
"Each performance share unit represents a contingent right to receive one ordinary share"
FAQ
What transactions did BRSL's Christopher Clark report on May 1, 2026?
Christopher Clark reported exercising 30,761 performance share units into ordinary shares on May 1, 2026. These units came from 2022-2024 and 2023-2025 awards granted under Brightstar Lottery's long-term incentive plan, based on Compensation Committee-certified performance results.
AI-generated analysis. How Rhea-AI works. Not financial advice.