Brightstar Lottery (BRSL) director exercises 16,280 RSUs and receives 19,048-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brightstar Lottery PLC director James F. McCann reported compensation-related equity transactions. On May 12, 2026, he exercised 16,280 restricted share units into ordinary shares. In connection with this, 1,594 ordinary shares were withheld at $11.55 per share to cover tax liabilities, which is not an open-market sale.
Following these transactions, McCann directly holds 119,762 ordinary shares. He was also granted 19,048 new restricted share units, each representing the right to receive one ordinary share, which vest on May 11, 2027 and have no expiration date. Overall, these are routine equity award vesting, tax withholding, and a new grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,280 shares exercised/converted
Mixed
4 txns
Insider
MCCANN JAMES F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 19,048 | $0.00 | -- |
| Exercise | Restricted Share Units | 16,280 | $0.00 | -- |
| Exercise | Ordinary Share | 16,280 | $0.00 | -- |
| Tax Withholding | Ordinary Share | 1,594 | $11.55 | $18K |
Holdings After Transaction:
Restricted Share Units — 19,048 shares (Direct, null);
Ordinary Share — 119,762 shares (Direct, null)
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 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.
Key Figures
RSUs exercised: 16,280 units
Tax withholding shares: 1,594 shares at $11.55
Ordinary shares held: 119,762 shares
+2 more
5 metrics
RSUs exercised
16,280 units
Exercised into ordinary shares on May 12, 2026
Tax withholding shares
1,594 shares at $11.55
Shares withheld to pay tax liability
Ordinary shares held
119,762 shares
Direct holdings after reported transactions
New RSU grant
19,048 units
Restricted share units granted, vesting May 11, 2027
RSU-to-share ratio
1:1
Each restricted share unit equals one ordinary share
Key Terms
Restricted Share Units, tax-withholding disposition, Exercise or conversion of derivative security, Grant, award, or other acquisition
4 terms
tax-withholding disposition financial
"Shares withheld 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.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Brightstar Lottery (BRSL) director James F. McCann report on this Form 4?
James F. McCann reported routine equity compensation activity, including exercising 16,280 restricted share units into ordinary shares, tax-related share withholding, and receiving a new grant of 19,048 restricted share units that vest in 2027.
Are there any remaining derivative securities for James F. McCann in Brightstar Lottery (BRSL)?
After exercising 16,280 restricted share units, the derivative position for that award is shown as zero. The only remaining derivative position disclosed is a new grant of 19,048 restricted share units that vest on May 11, 2027.