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Brightstar Lottery (BRSL) director exercises RSUs and gets new 17,316-unit award

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

Rhea-AI Filing Summary

Brightstar Lottery PLC director Tondato Da Ruos Gian Mario exercised equity awards and had shares withheld for taxes. On May 12, 2026, 14,801 restricted share units converted into the same number of ordinary shares, while 3,431 ordinary shares were withheld at $11.55 per share to cover tax liabilities.

After these transactions, he directly held 111,058 ordinary shares. He also received a new grant of 17,316 restricted share units, each representing a contingent right to one ordinary share that vests on May 11, 2027, while the RSUs exercised on this date vest on May 12, 2026.

Positive

  • None.

Negative

  • None.
Insider Tondato Da Ruos Gian Mario
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 3,431 $11.55 $40K
Holdings After Transaction: Restricted Share Units — 17,316 shares (Direct, null); Ordinary Share — 111,058 shares (Direct, null)
Footnotes (1)
  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.
RSUs converted 14,801 shares Restricted share units converting into ordinary shares on May 12, 2026
Shares withheld for taxes 3,431 shares at $11.55 Ordinary shares withheld to cover tax liability on May 12, 2026
Ordinary shares held 111,058 shares Direct holdings after reported transactions
New RSU grant 17,316 units Restricted share units granted, vesting May 11, 2027
RSU vest date (first tranche) May 12, 2026 Vesting date for RSUs that converted into ordinary shares
RSU vest date (new grant) May 11, 2027 Vesting date for newly granted RSUs
Restricted Share Units financial
"Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
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.
derivative security financial
"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.
contingent right financial
"Each restricted share unit represents a contingent right to receive one ordinary share"
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*
Tondato Da Ruos Gian Mario

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
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 Share05/12/2026M14,801A(1)111,058D
Ordinary Share05/12/2026F3,431(2)D$11.55107,627D
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
Restricted Share Units(3)05/12/2026A17,316 (3) (3)Ordinary Share17,316(3)17,316D
Restricted Share Units(1)05/12/2026M14,801 (1) (1)Ordinary Share14,801(1)0D
Explanation of Responses:
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.
2. Shares withheld for payment of tax liability.
3. 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.
/s/ Rafael Rosillo, attorney-in-fact05/14/2026
** 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)

FAQ

What insider transactions did BRSL director Tondato Da Ruos report?

The director reported RSU-related activity, including 14,801 restricted share units converting into ordinary shares and a new grant of 17,316 restricted share units. These transactions reflect equity compensation mechanics rather than open-market buying or selling.

Did the BRSL director sell shares on the open market in this Form 4?

No open-market sale was reported. Instead, 3,431 ordinary shares were withheld at $11.55 per share to satisfy tax obligations tied to equity vesting, a standard tax-withholding disposition rather than a discretionary market sale of Brightstar Lottery shares.

How many Brightstar Lottery ordinary shares does the director hold after these transactions?

Following the reported equity transactions, the director directly holds 111,058 ordinary shares. This figure reflects his position after RSU conversion into ordinary shares and the separate share withholding used to cover tax liabilities on the vesting event.

What new equity award did the BRSL director receive in this filing?

He received 17,316 restricted share units, each representing a contingent right to one ordinary share. These new RSUs have no expiration date and are scheduled to vest on May 11, 2027, adding to his potential future equity in Brightstar Lottery PLC.

When do the Brightstar Lottery restricted share units reported here vest?

Two RSU vesting schedules are disclosed. One tranche of restricted share units vests on May 12, 2026, and the newly granted 17,316 restricted share units are scheduled to vest on May 11, 2027, assuming the standard vesting conditions are satisfied.