Brightstar Lottery (BRSL) CEO exercises 47,005 RSUs, 19,905 shares for taxes
Rhea-AI Filing Summary
Brightstar Lottery PLC Chief Executive Officer Vincent L. Sadusky exercised restricted share units into 47,005 ordinary shares on July 14, 2026. Of these, 19,905 shares were delivered to cover tax liabilities at $10.7100 per share.
After these transactions, he directly holds 436,646 ordinary shares and reports 12,710 ordinary shares held by the Vincent L. Sadusky Revocable Trust, for which he disclaims beneficial ownership except to the extent of his pecuniary interest. He also has 94,010 restricted share units outstanding that vest in three substantially equal annual installments on July 14 of 2026, 2027 and 2028 and have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
47,005 shares exercised/converted
Mixed
4 txns
Insider
Sadusky Vincent L
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 47,005 | -- | -- |
| Exercise | Ordinary Share | 47,005 | -- | -- |
| Tax Withholding | Ordinary Share | 19,905 | $10.71 | $213K |
| holding | Ordinary Share | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 94,010 shares (Direct);
Ordinary Share — 456,551 shares (Direct);
Ordinary Share — 12,710 shares (Indirect, By trust)
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. These securities are directly owned by the Vincent L. Sadusky Revocable Trust, of which the reporting person's spouse serves as trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Key Figures
Shares exercised: 47,005 Ordinary Shares
Shares withheld for taxes: 19,905 Ordinary Shares
Tax withholding price: $10.7100 per share
+3 more
6 metrics
Shares exercised
47,005 Ordinary Shares
Ordinary shares acquired via derivative exercise on July 14, 2026
Shares withheld for taxes
19,905 Ordinary Shares
Shares delivered to cover tax liability at $10.7100 per share
Tax withholding price
$10.7100 per share
Value used for the tax-related disposition of 19,905 shares
Direct holdings after transactions
436,646 Ordinary Shares
Directly held ordinary shares following the July 14, 2026 transactions
Trust-reported holdings
12,710 Ordinary Shares
Ordinary shares held by the Vincent L. Sadusky Revocable Trust
Restricted share units outstanding
94,010 Restricted Share Units
RSUs remaining after the derivative exercise; vest in annual installments 2026–2028
Key Terms
restricted share units, tax-withholding disposition, pecuniary interest, beneficial ownership, +1 more
5 terms
tax-withholding disposition financial
"transaction_action is described as a tax-withholding disposition for payment of tax liability"
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.
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his pecuniary interest therein"
beneficial ownership financial
"shall not be deemed an admission of beneficial ownership of all of the reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Brightstar Lottery (BRSL) CEO Vincent Sadusky report in this Form 4?
Vincent Sadusky reported exercising 47,005 restricted share units into ordinary shares and delivering 19,905 shares to cover tax liabilities. Following these transactions, he directly holds 436,646 ordinary shares and has 94,010 restricted share units outstanding.
What are Vincent Sadusky’s Brightstar Lottery (BRSL) holdings after these transactions?
After the reported transactions, Sadusky directly holds 436,646 ordinary shares of Brightstar Lottery PLC. He also reports 12,710 ordinary shares held by a revocable trust and has 94,010 restricted share units outstanding subject to future vesting conditions.