Brightstar Lottery PLC (BRSL) SVP exercises 3,538 RSUs, 1,074 shares withheld
Rhea-AI Filing Summary
Brightstar Lottery PLC executive Morgan David Thomas, SVP and Chief Accounting Officer, reported compensation-related equity activity. On 14 July 2026, he exercised restricted share units covering 3,538 ordinary shares, and 1,074 shares were withheld to satisfy tax liability. Following these entries, he is reported as directly holding 27,015 ordinary shares and 7,078 restricted share units, which vest in three substantially equal annual installments on July 14 of 2026, 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,538 shares exercised/converted
Mixed
3 txns
Insider
Morgan David Thomas
Role
SVP/Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 3,538 | -- | -- |
| Exercise | Ordinary Share | 3,538 | -- | -- |
| Tax Withholding | Ordinary Share | 1,074 | $10.71 | $12K |
Holdings After Transaction:
Restricted Share Units — 7,078 shares (Direct);
Ordinary Share — 28,089 shares (Direct)
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 in three substantially equal annual installments on July 14 of each of 2026, 2027 and 2028, and have no expiration date. Shares withheld for payment of tax liability.
Key Figures
RSUs converted to ordinary shares: 3538.0000 shares
Shares withheld for taxes: 1074.0000 shares
Direct ordinary shares after withholding: 27015.0000 shares
+1 more
4 metrics
RSUs converted to ordinary shares
3538.0000 shares
Restricted Share Units exercised or converted into ordinary shares on 2026-07-14
Shares withheld for taxes
1074.0000 shares
Ordinary shares withheld to satisfy tax liability on 2026-07-14
Direct ordinary shares after withholding
27015.0000 shares
Direct ordinary share holdings reported following the tax-withholding disposition
Restricted share units remaining
7078.0000 units
Restricted Share Units outstanding after the reported derivative exercise
Key Terms
Restricted Share Units, derivative security, tax liability
3 terms
derivative security financial
"transaction_code_description: 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.
tax liability financial
"Shares withheld for payment of tax liability."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transactions did Brightstar Lottery (BRSL) report for Morgan David Thomas?
Morgan David Thomas exercised 3,538 restricted share units into ordinary shares on 14 July 2026, and 1,074 shares were withheld to cover tax liability as part of this compensation-related equity activity.
Were the Brightstar Lottery (BRSL) insider transactions open-market buys or sells?
No open-market purchases or sales were reported. The Form 4 shows a derivative exercise of restricted share units and a tax-withholding disposition, where shares were withheld to satisfy tax obligations rather than sold on the open market.