Brightstar Lottery (BRSL) director exercises 14,801 RSUs, granted 17,316 more

Rhea-AI Filing Summary

Brightstar Lottery PLC director Lorenzo Pellicioli reported routine equity compensation changes. On May 12, 2026, 14,801 restricted share units were exercised into ordinary shares at $0.00 per share, and 1,450 of the resulting shares were withheld at $11.55 per share to cover tax liabilities, leaving a net share increase.

He also received a new award of 17,316 restricted share units, each representing one ordinary share, scheduled to vest on May 11, 2027. After these transactions, he directly holds 92,749 ordinary shares and indirectly holds 102,435 ordinary shares through Flavus S.r.l, where he is the sole shareholder. The filing also corrects a minor share-count error from his prior Form 3, with no trades between that filing and this one.

Insider Trade Summary

14,801 shares exercised/converted

Mixed 5 txns

Insider Pellicioli Lorenzo

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	1,450	$11.55	$17K
holding	Ordinary Share	--	--	--

Holdings After Transaction: Restricted Share Units — 17,316 shares (Direct, null); Ordinary Share — 94,199 shares (Direct, null); Ordinary Share — 102,435 shares (Indirect, By Flavus S.r.l)

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. This Form 4 reflects a correction to the number of ordinary shares reported as directly beneficially owned by the reporting person on the Form 3 filed on March 17, 2026. Due to an administrative error, the Form 3 reported direct beneficial ownership of 79,389 ordinary shares; the correct number of ordinary shares directly beneficially owned as of that date was 79,398. No transactions occurred between the Form 3 filing date and the date of this Form 4. Shares withheld for payment of tax liability. Reporting person is the sole shareholder of Flavus S.r.l. 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 Tax-withheld shares: 1,450 shares at $11.55 New RSU grant: 17,316 RSUs +3 more

6 metrics

RSUs exercised 14,801 shares Restricted share units converted to ordinary shares on May 12, 2026

Tax-withheld shares 1,450 shares at $11.55 Shares withheld to pay tax liability on May 12, 2026

New RSU grant 17,316 RSUs Award vesting on May 11, 2027, each for one ordinary share

Direct holdings after transactions 92,749 shares Ordinary shares directly owned after May 12, 2026 activity

Indirect holdings via Flavus S.r.l 102,435 shares Ordinary shares indirectly owned as of May 12, 2026

Corrected prior holding 79,398 shares Correct direct ownership as of March 17, 2026 Form 3 date

Key Terms

Restricted Share Units, tax-withholding disposition, beneficially owned, Form 3, +1 more

5 terms

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

"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.

beneficially owned financial

"the correct number of ordinary shares directly beneficially owned as of that date was 79,398."

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Form 3 regulatory

"reported as directly beneficially owned by the reporting person on the Form 3 filed on March 17, 2026."

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Pellicioli Lorenzo

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Share	05/12/2026		M		14,801	A	(1)	94,199(2)	D
Ordinary Share	05/12/2026		F		1,450(3)	D	$11.55	92,749	D
Ordinary Share								102,435	I	By Flavus S.r.l(4)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(5)	05/12/2026		A		17,316		(5)	(5)	Ordinary Share	17,316	(5)	17,316	D
Restricted Share Units	(1)	05/12/2026		M			14,801	(1)	(1)	Ordinary Share	14,801	(1)	0	D

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. This Form 4 reflects a correction to the number of ordinary shares reported as directly beneficially owned by the reporting person on the Form 3 filed on March 17, 2026. Due to an administrative error, the Form 3 reported direct beneficial ownership of 79,389 ordinary shares; the correct number of ordinary shares directly beneficially owned as of that date was 79,398. No transactions occurred between the Form 3 filing date and the date of this Form 4.

3. Shares withheld for payment of tax liability.

4. Reporting person is the sole shareholder of Flavus S.r.l.

5. 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-fact	05/14/2026
	** Signature of Reporting Person	Date
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 did Brightstar Lottery (BRSL) director Lorenzo Pellicioli report on this Form 4?

He reported routine equity compensation activity, including exercising 14,801 restricted share units into ordinary shares, tax withholding on 1,450 shares, a new grant of 17,316 restricted share units, and updated direct and indirect share ownership levels.

How many Brightstar Lottery (BRSL) shares did Pellicioli acquire and for what price?

He acquired 14,801 ordinary shares by exercising restricted share units at a conversion price of $0.00 per share, meaning he did not pay cash for the exercise; these shares were delivered upon vesting under the company’s equity compensation arrangements.

Why were 1,450 Brightstar Lottery (BRSL) shares disposed of in this Form 4?

The 1,450 shares were withheld by the issuer at $11.55 per share to pay tax liabilities related to the vesting and exercise of restricted share units. This tax-withholding disposition is not an open-market sale and reflects a standard compensation mechanism.

What new equity award did Pellicioli receive from Brightstar Lottery (BRSL)?

He received a grant of 17,316 restricted share units, each representing a contingent right to one ordinary share. These restricted share units are scheduled to vest on May 11, 2027, and have no expiration date, providing additional future equity exposure if vesting conditions are met.

What are Pellicioli’s Brightstar Lottery (BRSL) holdings after these transactions?

After the reported transactions, he directly owns 92,749 ordinary shares and indirectly owns 102,435 ordinary shares through Flavus S.r.l. The indirect position reflects shares held by that entity, where he is disclosed as the sole shareholder in the filing’s footnotes.

Did this Brightstar Lottery (BRSL) Form 4 include any corrections to prior disclosures?

Yes. It corrects the number of ordinary shares previously reported as directly beneficially owned on his March 17, 2026 Form 3, adjusting the figure from 79,389 to 79,398 shares. The footnote states no transactions occurred between that Form 3 and this Form 4.